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The massive financial and managerial distraction created by Masters has left Woolworths little time and money to focus on its core grocery business.
The hubris on show at Woolworths was never sustainable, and as a result CEO Grant O'Brien will join more than 1,000 employees losing their job.
Woolworths has unveiled details of its plan to launch an assault on the $42 billion Australian hardware and home improvement market with its Masters store brand, raising the prospect of a new chapter in…
