Woolworths to Sell or Close Masters & Wesfarmers adds UK Homebase to its Portfolio
Woolworths has finally made the decision to offload its poor performing brand, Masters Home Improvements, after sales continue to fall. In what was an attempt to rival Wesfarmers brand, Bunnings, the Maters business failed to take off, and Woolworths has been struggling to sustain ongoing losses. On another note, it's