Masters Home Improvement is the trading name of an Australian home improvement chain, operated by a joint venture between Australian retailer Woolworths Limited and Mooresville, North Carolina (United States) based hardware chain, Lowe's. Masters was created as a way for Woolworths Limited to crack into the hardware retail space, which has been historically dominated by Bunnings Warehouse, which is owned by arch rival Wesfarmers. The two companies already compete with each other with groceries and general merchandise. This article is a . You can help My English Wiki by expanding it.