interesting comment JC!
what exactly is retail technology and how would that apply to Woolies?
Woolies, Coles, Aldi and IGA account for a total of about 6% same-store sales growth.
the latest results by WES has Coles at 1.8% growth same-store sales.
now, as we know, the CEO of WES is offloading Coles, as the actual EBIT is tanking fast due to food deflation.
ps- why wouldn't the CEO of WES embrace retail tech before flogging it off if it was so good?
cheers crazypunter
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