Uncertainty Could Hurt Home Timber & Hardware Sale

Woolworths’ bid to stitch up an easy sale of its profitable Home Timber & Hardware (HTH) operation could be scuppered by a group of the independent hardware network’s most powerful merchants.
It’s understood an alliance of HTH’s biggest and most successful retailers are drawing up plans to build a break-away buying group rather than waiting for Woolworths’ protracted sale process to decide their fate. Sydney Morning Herald – Read more…