Australia
Trading as Masters Home Improvement, the first store opened in Braybrook, Victoria to tradesmen on 31 August 2011, and the general public on 1 September 2011. Masters is a joint venture of the Lowe's Companies Inc. and Woolworths Limited to compete against Wesfarmers' owned Bunnings Warehouse which operate in the large bigbox format similar to Lowe's and Home Depot.
The stores will be 1/3 owned by Lowe's Companies Inc.(USA) and 2/3 owned by Woolworths Limited (Australian Owned Public Company Listed on the Australian Securities Exchange (ASX).
Read more about this topic: Lowe's
Famous quotes containing the word australia:
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—Alex Atkinson, British humor writer. repr. In Present Laughter, ed. Alan Coren (1982)
“I like Australia less and less. The hateful newness, the democratic conceit, every man a little pope of perfection.”
—D.H. (David Herbert)