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Masters Home Improvement
Masters Home Improvement was an Australian home improvement chain operated by two retailers; Woolworths and Lowe's. It was established as a way for Woolworths to enter the hardware retail market, which has been historically dominated by Bunnings, owned by their competitor Wesfarmers. These two companies also compete with each other with groceries, liquor, fuel and general merchandise. Most of the stores shared the same format of conventional Lowe's stores and borrowed elements from Bunnings Warehouse for the garden and trade areas. The joint venture was ultimately a failure for Woolworths, accumulating losses of over $3.2 billion over a seven year period, and caused Woolworths to leave the hardware market. All stores were closed and sold off by 11 December 2016. A key reason for the failure was the lack of product localisation to the Australian market from company leadership, with product schedules based upon the United States Northern Hemisphere seasons, which do not align with ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Braybrook, Victoria
Braybrook is an inner suburb in Melbourne, Victoria (Australia), Victoria, Australia, west of Melbourne's Melbourne central business district, Central Business District, located within the City of Maribyrnong Local government areas of Victoria, local government area. Braybrook recorded a population of 9,682 at the . Braybrook is bounded in the west by Duke Street, in the north by the Maribyrnong River, in the east by Ashley Street, and in the south by the Sunbury railway line and Sunshine Road. History Braybrook Post Office opened on 1 December 1860. Braybrook is primarily an industrial suburb. Today Approximately midway between the former Councils of City of Footscray, Footscray and City of Sunshine, Sunshine in the heart of the western suburbs before the more recent urban sprawl and due west from the Melbourne CBD along Ballarat Road, Melbourne, Ballarat Road, Braybrook is starting to resemble a bedroom community due to a recent expansion of the western suburbs of Melbour ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
New South Wales
New South Wales (commonly abbreviated as NSW) is a States and territories of Australia, state on the Eastern states of Australia, east coast of :Australia. It borders Queensland to the north, Victoria (state), Victoria to the south, and South Australia to the west. Its coast borders the Coral Sea, Coral and Tasman Seas to the east. The Australian Capital Territory and Jervis Bay Territory are Enclave and exclave, enclaves within the state. New South Wales' state capital is Sydney, which is also Australia's most populous city. , the population of New South Wales was over 8.3 million, making it Australia's most populous state. Almost two-thirds of the state's population, 5.3 million, live in the Greater Sydney area. The Colony of New South Wales was founded as a British penal colony in 1788. It originally comprised more than half of the Australian mainland with its Western Australia border, western boundary set at 129th meridian east in 1825. The colony then also includ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Canberra Airport
Canberra Airport is an international airport situated in the district of Majura, Australian Capital Territory. It serves Australia's capital city, Canberra, as well as the nearby city of Queanbeyan and regional areas of the Australian Capital Territory and southeastern New South Wales. Located approximately from the city centre, within the North Canberra district, it is the ninth-busiest airport in Australia. The airport has direct flights to all Australian state capitals, as well as to many regional centres across the Australian East coast, and international services to Nadi, Fiji. International flights have at various times operated from Canberra to Denpasar, Doha, Singapore and Wellington. Canberra Airport handled 3.2 million passengers in the 2018–19 financial year. Major redevelopment work completed in 2013 included the demolition of the old terminal, replacing it with a new facility designed to handle up to eight million passengers annually. In addition to serving ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Northern Territory
The Northern Territory (abbreviated as NT; known formally as the Northern Territory of Australia and informally as the Territory) is an states and territories of Australia, Australian internal territory in the central and central-northern regions of Australia. The Northern Territory shares its borders with Western Australia to the west (129th meridian east), South Australia to the south (26th parallel south), and Queensland to the east (138th meridian east). To the north, the Northern Territory looks out to the Timor Sea, the Arafura Sea, and the Gulf of Carpentaria, including Western New Guinea and various other islands of the Indonesian archipelago. The NT covers , making it the third-largest Australian federal division, and List of country subdivisions by area, the 11th-largest country subdivision in the world. It is sparsely populated, with a population of only 249,000 – fewer than half the population of Tasmania. The largest population centre is the capital city of Darw ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Tasmania
Tasmania (; palawa kani: ''Lutruwita'') is an island States and territories of Australia, state of Australia. It is located to the south of the Mainland Australia, Australian mainland, and is separated from it by the Bass Strait. The state encompasses the main island of Tasmania, the List of islands by area#Islands, 26th-largest island in the world, and the List of islands of Tasmania, surrounding 1000 islands. It is Australia's smallest and least populous state, with 573,479 residents . The List of Australian capital cities, state capital and largest city is Hobart, with around 40% of the population living in the Greater Hobart area. Estimated resident population, 30 June 2017. Tasmania is the most decentralised state in Australia, with the lowest proportion of its residents living within its capital city. Tasmania's main island was first inhabited by Aboriginal Australians, Aboriginal peoples, who today generally identify as Palawa or Pakana. It is believed that Abori ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Australian Capital Territory
The Australian Capital Territory (ACT), known as the Federal Capital Territory until 1938, is an internal States and territories of Australia, territory of Australia. Canberra, the capital city of Australia, is situated within the territory, and is the territory's primate city. It is located in southeastern Australian mainland as an enclave and exclave, enclave surrounded by the state of New South Wales (NSW). Exclaved from NSW after Federation of Australia, federation as the seat of government for the new nation, the territory hosts Parliament House, Canberra, parliament house, High Court of Australia and the head offices of many Australian Government agencies. On 1 January 1901, Federation of Australia, federation of the colonies of Australia was achieved. Section 125 of the new Constitution of Australia, Australian Constitution provided that land, situated in New South Wales and at least from Sydney, would be ceded to the new Government of Australia, federal government. Foll ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Fire Sale
A fire sale is the sale of goods at extremely discounted prices. The term originated in reference to the sale of goods at a heavy discount due to fire damage. It may or may not be defined as a closeout, the final sale of goods to zero inventory. They are said to occur in the financial markets when bidders who value assets highly are prevented from bidding on them, depressing the average selling price below what it otherwise would be. This lowering of the price can cause even further issues because it may be inaccurately perceived as signalling negative information. History The term is adapted from reference to the sale of fire-damaged goods at reduced prices. In ''Proceedings of the Fitchburg ass.Historical Society and Papers Relating to the History of the Town Read by Some of the Members'' the following entry is found: In December, 1856, the account of an extensive fire in the American House mentions the following occupants: E. B. Gee, clothing; T. B. Choate, drugs; J. C. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Chemist Warehouse
Chemist Warehouse Group (owned by Sigma Healthcare Ltd) is an Australian company operating a chain of retail chemists both locally and internationally. The company is one of Australia's largest retailers with over 500 stores in Australia, and employs over 20,000 staff. The company brands itself as offering discounted prices for pharmaceutical goods. The company also manages a website and a "click and collect" 24 hour dispense either pick-up and delivery service for medications. History The Gance brothers, Jack and Sam, purchased their first chemist in 1972 in the Melbourne suburb of Reservoir. Fresh out of university with a pharmacy degree, Mario Verrocchi, became a trainee under Sam Gance in 1980. The brothers expanded to three locations before leaving the Amcal chain in 1997 and establishing their own brand, My Chemist. In 2000, Jack Gance and Verrocchi founded Chemist Warehouse, opening the first store in Melbourne. Chemist Warehouse made its first international expansion i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Spotlight Group
Spotlight Group Holdings Pty Ltd (SGH) is an Australian retail conglomerate and one of the country's largest private companies. Its Spotlight Retail Group division operates fabric and craft store chain Spotlight, outdoor retailers Anaconda and Mountain Designs, and department store chain Harris Scarfe. The first Spotlight store was established in Melbourne in 1973 by brothers Morry Fraid and Ruben Fried. History Spotlight was established by brothers Morry Fraid and Ruben Fried, whose names were spelled differently due to a mistake by their teachers. They immigrated to Australia from Israel in 1956 with their parents, who established a fabric stall at the Queen Victoria Market in Melbourne. The first Spotlight store was opened in 1973 in Malvern. By 1990 there were 30 stores across Australia and the company was turning over about 90 million, with the brothers' net worth estimated by the ''Australian Financial Review'' as about 30 million. Beginning in the late 1990s, Spo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Penrith, New South Wales
Penrith is a city in New South Wales, Australia, located in Greater Western Sydney, 55 kilometres (31 mi) west of the Sydney central business district on the banks of the Nepean River, on the outskirts of the Cumberland Plain. Its elevation is 32 metres (105 ft). Penrith is the administrative centre of the Local government in Australia, local government area of the City of Penrith. The Geographical Names Board of New South Wales acknowledges Penrith as one of only four List of cities in Australia, cities within the Greater Sydney metropolitan area. History Indigenous settlement Prior to the arrival of the Europeans, the Penrith area was home to the Mulgoa tribe of the Darug people. They lived in makeshift huts called ''gunyahs'', hunted native animals such as kangaroos, fished in the Nepean River, and gathered local fruits and vegetables such as yams. They lived under an elaborate system of law which had its origins in the Dreamtime. Most of the Mulgoa were kil ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Sydney Morning Herald
''The Sydney Morning Herald'' (''SMH'') is a daily tabloid newspaper published in Sydney, Australia, and owned by Nine Entertainment. Founded in 1831 as the ''Sydney Herald'', the ''Herald'' is the oldest continuously published newspaper in Australia and claims to be the most widely read masthead in the country. It is considered a newspaper of record for Australia. The newspaper is published in compact print form from Monday to Saturday as ''The Sydney Morning Herald'' and on Sunday as its sister newspaper, '' The Sun-Herald'' and digitally as an online site and app, seven days a week. The print edition of ''The Sydney Morning Herald'' is available for purchase from many retail outlets throughout the Sydney metropolitan area, most parts of regional New South Wales, the Australian Capital Territory and South East Queensland. Overview ''The Sydney Morning Herald'' publishes a variety of supplements, including the magazines ''Good Weekend'' (included in the Saturday editi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
