Garcia breaks major duck with Masters win

Sergio Garcia has won the Masters, finally snapping the second-longest active winless streak in major championships when he beat England’s Justin Rose in a sudden-death playoff.

Shades of the Shark in Masters collapse

A big deficit. A collapse that was painful to watch. An Englishman in a green jacket who might not get his due.

Woolworths has copped a huge one-off impairment after the failure of its Masters stores. Photo: AAP/Dave Hunt

Woolworths loses $3.25 billion on Masters failure

Woolworths has been dragged to total $2.09 billion first half loss after taking a $3.25 billion hit from its ill-fated Masters home improvement stores.

Woolies to honour Hills' deal despite Masters exit

Woolworths will honour its seven-year deal to distribute Hills branded clotheslines and garden products despite ending one of its ventures into the home improvement sector.

Call to protect other stores as the Masters plan unravels

South Australia’s Hardware Association has called for State Government support to protect Woolworth’s smaller hardware franchises following the decision to drop Masters from its stable of businesses.

Bumpy start, but in 'three years, we'll be a totally different state'

It’s been a rocky start to the year for South Australian employment.

Masters set to pull plug on Adelaide stores

The future of Masters’ Adelaide stores and hundreds of jobs are in limbo after Woolworths announced it would wind up or sell the struggling hardware chain.