Wednesday, 18 January 2012

Region. Independents suffer

The Australian Competition and Consumer Commission has approved Woolworths’and Lowe’s acquisition of two Home Timber and Hardware stores in the NSW Southern Highlands from former franchisees, as independent retailers quit the sector in face of increased competition. Mark Burrows, GM, of Home Timber and Hardware, which has stores across Western Sydney, said more acquisitions were under consideration.



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