WOW 0.03% $29.89 woolworths group limited

Bottomed out?, page-5

  1. 13,386 Posts.
    lightbulb Created with Sketch. 162
    Do think the bottom is in or will their be a new bottom when Amazon turns up as early as next year.

    http://www.smh.com.au/business/retail/amazon-eyes-oz-grocery-delivery-launch-20160610-gpgnvo.html

    An Amazon executive says the $US338.7 billion retailer could launch its fresh and frozen food delivery service, known as Amazon Fresh, in Australia as early as next year – and could quickly snaffle billions in sales in a grocery market worth $90 billion.
    "We know there is value in Australia," Amazon's Brittain Ladd told Fairfax Media. "I definitely believe Amazon will be in Australia."
 
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