“It’s clear that Woolworths and Coles will have to either replicate Aldi, that is, move to around 90 per cent home brand products and reduce their product selection from over 20,000 to just a few thousand, while sacking most of their Aussie employees, or they will be sent into bankruptcy.”
So is Mr Smith telling WOW holders that if Woolies don't change their format they will lose their money ?
Isn't that what a few here on this thread were saying ?
i.e. .... beware the competition.
GT
“It’s clear that Woolworths and Coles will have to either...
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$30.20 |
Change
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Mkt cap ! $43.04B | |||
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1200 | $30.18 |
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| Price($) | Vol. | No. |
|---|---|---|
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