I agree with many comment you say here.
The announcement in february around masters, the strategy to invest $millions in lower prices and refurbishing stores.
And this latest announcement around selling non-performing stores and slimming the business down.
The first announcement was reactive, the second proactive.
This article http://www.howlinggales.com/ makes some interesting points. Will Aldi just step into the stores that Woolies is shutting down and run them more efficiently and therefore make them profitable. That will hit market share again.
Also is all this leading the eventually goal of just having Woolies as just a supermarket with all the excess baggage that they have clearly wasted money on in the past sold off.
(20min delay)
