Masters a game changer for bulky goods
THE birth of the Masters hardware chain has ushered in a new era of bulky goods retailing, but is likely to stymie the development of new bulky goods centres.
The economic forecasting group BIS Shrapnel estimated that the two big hardware retailers, Bunnings and Masters, would develop at least 330,000 square metres a year of new store space in the medium term.
"This is going to have substantial implications for other would-be bulky goods developers," said the senior project manager for BIS Shrapnel, Maria Lee. Sydney Morning Herald – Read more…