May 4, 2011

Lowe’s and Woolworths, which plan to open 150 Australian home improvement stores in a joint venture, have announced a name and the location of the first unit this week. The first “Masters” store will open in September or October at Braybrook in Melbourne with a 13,500-sq.-meter outlet. It will contain a separate trade-only area dedicated to the building and professional industries.

December 22, 2010

Danks, the hardware wholesaler that Lowe's and Woolworths took over last year, acquired Canberra, Australia-based Magnet Mart.