Worth a read as some of the predictions seem to be unfolding i.e. masters is going
“If we fast-forward to 2020, what will the grocery landscape look like within Australia? Based on the completion of several What If? modeling and analysis exercises and game theory strategy session, I believe the following will more than likely occur:
• ALDI will continue to take market share and do so at a pace faster than industry analysts currently predict. Sales will exceed $16B in 2020. Note: If Woolworths is acquired by a PE firm, I estimate ALDI will be the primary beneficiary thus increasing their market share and sales revenue above current estimates.
• Unable to face the new reality of grocery retailing and competition, and unwilling to place the required laser-like focus on reducing costs; divesting all but food, fuel, and liquor businesses; and continuing to believe they can compete on price; Woolworths will experience continued lost sales, falling market share, and a falling share price. Woolworths will be acquired by a PE firm no later than Q2 of 2018. Once Woolworths is acquired, they will quickly cease to be a factor in the grocery market.
http://rogermontgomery.com/can-woolies-be-saved
Even $ 20 may not be cheap ??
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