Lowe's "Masters" stores in Australia ...

Lowe's "Masters" stores in Australia lose 62 million in 2012

Posted in the Lowes Companies Forum

going belly up down under

Schnecksville, PA

#1 Mar 11, 2013
MASTERS, the hardware joint venture between Woolworths and US company Lowe's, will be a ''modest'' drag on earnings for at least another three years as the partners continue to tweak the loss-making retail format.

Still in its start-up phase, the Masters joint venture made a full-year net loss of $62.157 million for 2012, up from the loss of $7.821 million in 2011.

Mr Niblock said changes were being made to the store format as management gained insight from earlier openings.''And then they're continuing to learn and make necessary adjustments along the way.''


Since: Jan 13

Location hidden

#2 Mar 11, 2013
No one can imagine how much worse it would have been if you were still involved.
Lowe's was spot-on when they told you to get out and stay out.
Bet you can't wait till the weather gets better so you can play "catch" with a tranny.

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Lowes Companies Discussions

Title Updated Last By Comments
Black listed from management re-employment 25 min Go go go 2
How soon and how much will Lowes off sign on Bo... 1 hr ThatsIt 10
hrc 10 hr Blows 23
Charging for all Deliveries 11 hr 3rd party delivery 28
inner circle must end 12 hr asgoodasitgets 4
White loves matter 12 hr Mash out your taters 2
Is there an app for that? 12 hr NotYet 3
when is the last day for hr mgrs??????? 16 hr 645plmerd 38
10 days... 21 hr Above the 38th 13
Human Resource Managers jobs being cut in July ... Jun 20 Already Gone Troll 126