OK- you want real discussion about WOW.
this is only my opinion, but if you can argue against it with logic, that would be fantastic.
Woolies and Coles combined only have 5% same store sales growth at present (that's pathetic). Coles has 4% and Woolies 1%. the only way Woolies can get more sales is by price cutting.
WOW only has Woolies as their backbone. WES has Kmart, Bunnings, Officeworks, Bunnings in the UK and coal assets which are going through the roof.
WOW is not even capable of selling it's loss making petrol division after offers from CTX and BP .
also, Big W is a pipedream to return to profit.
would it then be fair to say that CEO Mr Banducci is not at fault as GOD himself is required on this "renovation project".
cheers crazypunter
Watch out: Amazon, page-50
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