Business Review

Discontinued Operations

HOME IMPROVEMENT

As announced on 24 August 2016, Woolworths has agreed arrangements to exit from the Home Improvement business Masters and the Home Timber and Hardware Group.

People

Masters will cease trading at all stores on or before 11 December 2016 and Woolworths will work hard to find Masters employees jobs within the Group, or will pay redundancy where suitable roles are not available. Woolworths will honour all customer gift cards, product warranties and contracted home improvement projects and will work constructively with all suppliers.

EZIBUY

Woolworths has made the strategic decision to separate BIG W and EziBuy.

Prosperity

The most material issues for EziBuy are the labour conditions and protection of human rights in our supply chain. EziBuy seeks to ensure that the people who are making the products we sell are being treated fairly. EziBuy follows the Woolworths Group Ethical Sourcing Policy and Factory Audit program.