There were two major developments in retail this week which show just how volatile our sector can be, and how challenging the environment remains for retail business owners. The first was the seemingly inevitable announcement that the Masters hardware chain would close its doors before the end of the year. Although it can be argued […]
News this week of Woolworths’ decision to abandon its failing Masters chain has come as no surprise to the retail and business community, after widely-publicised losses. Post-Christmas is a time that traditionally sees retailers assessing their performance, with similar announcements having occurred in January in previous years. While we now add Masters to a shortlist of […]