WOW 0.03% $29.89 woolworths group limited

News: WOW "Bag rage" prompts backdown on plastic bag levy in Australia, page-2

  1. 12,929 Posts.
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    It is not just the plastic bag ban and the greenies that are to blame (or those fights). No, IMHO WOW and WES's Coles are falling due to their old school retail ways.

    Perhaps they need a few Network Participation Agreements with some retail technologists. The NPAs are only just starting and retail technology is becoming the future not old school non-technology related grocers such as WOW and WES' Coles

    Walmart, Safeways, Ahold, Costco, Walgreens, Metro, Tesco, Sainsburys, Migros, Carrefour, Kroger are all attempting to gain traction in using retail technology but in faction fights and M&A on top of them along with competing interests of the commercial property gangs across the stores, there is no ability of them to actually gain competitive advantage in retail technology.

    Only Sainsburys in England seems to have done well of late taking over Asda and genuinely showing abilities to gain traction in the grocery sector.

    WOW is clearly old school just up in SP due to getting rid of Masters.

    Now WOW is starting to suffer partly due to the plastic bag ban which will be blamed but the old school way of groceries is long gone.
 
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