END OF ERA: Home improvement store closes its doors
THE era of stiff competition between Masters and Bunnings has come to an end in Toowoomba.
Masters Toowoomba South has officially closed its doors.
There were scenes of chaos today as the store offered unprecedented mark downs on products, giving customers up to 95% off as it prepared to close.
The Masters Home Improvement store at 471 Hume St was among stores offering between 80% to 90% off products.
Customer rushed to grab a bargain.
Its last day of trading is tomorrow but at 12.15pm today it stopped letting customers in the door.
Before it closed, customers were allowed to fill their trolleys for $50.
That price was then reduced to $25.
While the sale had generated excitement, some people complained about a lack of products.
Returns are no longer possible for change of mind, and very limited repairs and spare parts will be available from 12 December 2016.
After stores close, however, consumer guarantee failures will still be remedied as set out in the Returns Policy.
Online ordering has now stopped, so all future purchases will need to be made in store.
A superstore featuring national chains such as Anaconda, BCF, JB Hifi, The Good Guys and Super Amart will rise from the old Masters site in Toowoomba after it closes.
The Home Consortium, a joint venture of Sydney based Aurrum Group, and Spotlight, and Chemist Warehouse, has agreed to purchase the 82 Masters sites for an undisclosed sum.
A media release announcing the purchase said the new stores would be "anchored by a selection of Australia's leading home, hardware, family and lifestyle retailers."