Fletcher highlights PlaceMakers reset
The distribution chain lost market share by focusing on retail and moving away from a joint venture model, the company admits.
PlaceMakers market share fell seven percentage points in the past five years.
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Fletcher Building has detailed turnaround plans for its underperforming PlaceMakers unit after a significant loss of market share over the past five years.
Presentation documents for Fletcher’s investor day on Tuesday included a focus on the 66-store PlaceMakers chain in a briefing from divisional
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