Woolies home improvements needs a reno

Woolworths needs to fix its home improvements division before it becomes a drain on earnings and investor confidence.

Woolworths shares could come under pressure this morning as the company finally fesses up on the real performance of its new home improvement division, Masters.

Wesfarmers’ Bunnings division is one of the few operations with dominance over Woolworths, which has spent the past two years building a rival operation that so far has failed to live up to expectations.


SMS Code Sent…

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Log in to access this content

Looks you are already a member. Please enter your password to proceed

Hi {{ user.FirstName }}

Verify your mobile number to unlock a FREE trial

Looks like you've already taken a free trial

Please sign up for full access

Updating information

Please wait ...

Related Articles