Masters Cancels Orders and Cuts Phones Amid Fire Sale Fail

 In Australia, Hardware, NewZealand, Woolworths
Masters Home Improvement has tried to cancel supplier orders in recent weeks amid criticism Woolworths’ failed hardware chain has not cut prices fast enough or deep enough to move stock as part of its closing down sale.
One supplier, who would only speak on the basis of anonymity, said Masters’ attempt to cancel orders suggested the fire sale was not going as well as expected.
"I understand week one of the sale went really well, the first week straight after the announcement, but after that it’s been pretty terrible," he said. "What they had to do was go hard in the first week so people would buy and then tell their friends."
Masters has taken down all pricing information from its website and cut off its telephone lines to its stores. Customers calling the corporate helpline are told they must visit a store to check prices. Sydney Morning Herald – Read more…

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