Woolies "core" business ie the supermarket business is suffering too, look at Coles falling profits. Coles is not a direct competitor, it is a partner faced with the same headwinds of global competition.
Selling Masters is not the end of the pain, there will have to be serious changes to the entire organisation before they turn around, if they can.
First Liquorland then Dan Murphy swallowed up or beat up small retailers, now they are under attack from online outlets who don't have to pay big retail rents.
Woolies "core" business ie the supermarket business is suffering...
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Last
$30.18 |
Change
-0.170(0.56%) |
Mkt cap ! $43.04B | |||
| Open | High | Low | Value | Volume |
| $30.30 | $30.38 | $30.08 | $47.03M | 1.558M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 14892 | $30.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $30.19 | 73 | 2 |
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| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| WOW (ASX) Chart |
