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Woolworths has ... unveil[ed] the latest revamp of its supermarkets format with an expansion of fresh, convenience and pick-up offerings at its Marrickville Metro store in Sydney providing a blueprint for a national rollout.


Under recently-installed supermarkets boss Claire Peters, the $56 billion retail giant is reclaiming floor space from the back of house to make room for expanded seafood, cake and bakery offerings, and placing refrigerated pick-up cabinets and new "scratch meal" ingredients kits at the front of stores in a bid to lure and retain customers.


Ms Peters said the redesign aimed to capture a bigger share of fresh food and convenience sales for time-poor customers as well as improving engagement with the local community through charities and the sourcing of local produce.... The supermarket's entrance emphasises the fresh, convenience and local community aspects of the store, with pick-up lockers in front of a new section that concentrates the convenience and takeaway food offerings.


... Marrickville is the first major redesign since the 2016 makeover of the Warringah Mall store on Sydney's northern beaches, and provides a major reference for the 80-100 stores that Woolworths refits every year

- always tweaking the formula (something Aldi has less flexibility doing) though the refit schedule implies quite a few tired old locations
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I'm old enough to remember when Woolies moved their fruit and vege section in all of their stores to just inside the entrance and started using the "Fresh Food People" slogan. Stunning move, blew Coles out of the water. Strangely they seem to have moved away from that, in my local Woolies you walk into an area that leads into the dairy section. Zero impact.
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Self-service checkouts shake-up set to stop common practice



It's been more than a decade since self-serve checkouts arrived in Australia, and soon there will be another shake-up that's lightning-fast and cheat-proof. No longer will customers need to search menus and tap in the right fruit or vegetable - the new technology does it automatically and records the correct price.


Smart checkouts" can also tell the difference between products, so customers can't cheat, saving supermarkets up to billions of dollars a year in theft. The technology is so smart, it can tell the difference between a Royal Gala and Golden Delicious apple, to speed up shopping, while cracking down on theft.


With this self-checkout technology shoppers will no longer need to search through menus trying to identify fresh items for scanning. A camera stores product information to identify items at the scanner, without the reliance on barcodes, and preventing customers from under-scanning.


The automated product recognition technology was developed by Aussie start-up company Tiliter Technology. ...The technology is being tested in several grocers and the aim is that retailers, like supermarkets and hardware stores, start implementing it towards the end of this year

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WOOLWORTHS will charge a $3.50 ÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’â€Â¦ÃƒƒÂ¢Ãƒ¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…âہ“crate to benchÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’â€Å¡Ãƒƒâہ¡ÃƒÆ’‚ home delivery fee if customers donÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢t want to fork out to buy reusable plastic bags with their online orders from next week.


The nationÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢s biggest supermarket, which is bringing forward the nationwide ban on single-use plastic bags a week ahead of the July 1 deadline, said customers could otherwise opt for a flat $1 fee to have their order packed using heavy-duty bags made from 80 per cent recyclable material.


ÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’â€Â¦ÃƒƒÂ¢Ãƒ¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…âہ“WeÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢re working to create a greener future for Australia with our customers as we phase out single-use plastic bags both in-store and online from June 20,ÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’â€Å¡Ãƒƒâہ¡ÃƒÆ’‚ a Woolworths spokesman said.

sounds messy .... hope the average (urban green time poor) customer doesn't notice


More at https://www.news.com.au/finance/business/re...0a3f8841b8ae522

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  • 2 months later...
the share price of Woolworths Group Ltd (ASX: WOW) is outperforming the market today on speculation that it could be looking to spin-off assets into a new listed company.


Shares in our largest supermarket jumped 1% in late morning trade to $28.57 as the S&P/ASX 200 (Index:^AXJO) (ASX:XJO) index struggled to keep its head above breakeven after the Australian Financial Review reported that several investment bankers are hoping to present the divestment idea to Woolies later this year.


Management has denied that itÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢s considering the move that will see its gaming, hotel and liquor businesses rolled into a new entity, but that wonÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢t quell the rumours given that shedding assets is in vogue in this market.


ItÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢s archrival Wesfarmers Ltd (ASX: WES) is working on plans to divest its Coles supermarket division, while a host of other companies from Brambles Limited (ASX: BXB) to Commonwealth Bank of Australia (ASX: CBA) have also announced similar plans to sell or list non-core businesses.


Divestments are generally well received by shareholders as these transactions have historically unlocked value and I believe this is one of the reasons why shares in Wesfarmers have outperformed Woolworths by 20% in the past six months.


But Woolworths has the opportunity to excite investors if the deal stacks up. The report suggested that the group could combine its 75% ownership in pubs business ALH with its $8 billion Endeavour Drinks business that owns Dan MurphyÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢s and BWS, to form a new ASX entity with earnings before interest, tax, depreciation and amortisation (EBITDA) of up to $1 billion a year.


Such a move will allow management to focus its resources on growing its core supermarkets business at a time of increasing competition.


Endeavour Drinks was a growth engine for Woolworths, but the retail liquor market has reached saturation with the business now controlling around half the market and earnings growth slowing to CPI-like levels.


ItÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢s too early to say if the ALH/Endeavour spin-off will happen, let alone if it will take the shape of an initial public offer (IPO) or an in-specie offer where existing shareholders will be entitled to a proportionate number of shares in the new company based on their existing WoolworthsÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢ holdings.


Management is probably too busy to think about this at the moment when it is still in the process of flogging off its petrol station business after the competition watchdog blocked BP from buying the assets.


Nonetheless, investors should keep an eye on the stock even though I prefer the outlook of Wesfarmers over Woolworths at the moment after the former delivered an impressive profit result last month..

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  • 2 months later...
Brad Banducci, the Woolworths chief executive, wants to turbo-charge his group's key trading period by launching a Christmas collectable promotion that he hopes will send the parents of impressionable little kids scurrying into his stores more frequently over the coming month.


The promotion will inevitably be seen as Woolworths' answer to the ridiculously successful Little Shop promotion run by Coles, where children could pester their parents into spending up to get their hands on miniature versions of products including Tim Tams, White King and orange juice. The promotion was so strong that Coles' like-for-like sales in the September quarter soared 5.1 per cent, the group's best result in almost three years....

.... imitation being the sincerest form of flattery


Woolworths, by comparison, delivered its slowest like-for-like sales growth in two years, at 1.8 per cent.


It might seem slightly laughable that the fate of our biggest grocery chains can rest so heavily on the whims of our youngest consumers, but it's clear that collectables are becoming a key differentiator in a commoditised sector.

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thought Amazon gonna hurt woolies and coles once they come in aussie market. but didn't think they can be this fast.



Amazon has launched on Australia's $100 billion food and grocery market, prompting complaints from Woolworths that multinational suppliers are favouring the e-commerce giant with cheaper prices on brands such as Colgate, Huggies, Omo and Finish.


After stepping up pressure on Woolworths and Coles by adding food and beverages to its non-food pantry range last month, Amazon Australia is now undercutting the dominant supermarket chains by as much as 50 per cent on household staples and quickly capturing a foothold in the market.


Woolworths sources said Amazon.com.au was selling food and groceries at lower prices than Australia's largest supermarket chain on a number of products and in some cases at prices below Woolworths' purchase price.


"The question is are they selling below cost, which would be inappropriate. Do they have global [pricing] deals or are Australian suppliers giving them better deals than the major supermarket chains ÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â‚¬Å¡Ã‚¬Ãƒâ€¦Ã‚¡ÃƒÆ’‚¬Ãƒâ€Â¦ÃƒÆ’¢Ã¢Ã¢â‚¬Å¡Ã‚¬Ãƒâ€¦Ã¢â‚¬Å“ it's not clear," a Woolworths source told The Australian Financial Review.



Woolworths, which accounts for about 38 per cent of the food and grocery market, plans to seek a "please explain" from suppliers early in the new year.


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Suppliers found to be giving Amazon better terms risk having their brands removed from shelves and replaced with rival brands and private label brands if sales of their products underperform in Woolworths stores.


Under the Food and Grocery Code of Conduct retailers can no longer arbitrarily delist products from shelves. However, if sales fail to meet targets retailers can remove products from shelves for genuine commercial reasons or as part of a range review after giving suppliers written notice of the purpose of the review and the criteria governing their decisions.


The risk for suppliers is that if they are delisted or scaled back by Woolworths and Coles, which together account for 69 per cent of the market, they become more reliant on Amazon. Amazon has less than 1 per cent of the online food and grocery market, which grew 39.7 per cent over the last 12 months, according to Nielsen.


Suppliers risk 'cutting own throats'

At Woolworths' annual meeting in 2017, chairman Gordon Cairns warned food and grocery suppliers could "cut their own throats" by selling on Amazon and losing control over prices and losing business with the major chains.


Woolworths sources said Amazon.com.au was selling food and groceries at lower prices than Australia's largest ...

Woolworths sources said Amazon.com.au was selling food and groceries at lower prices than Australia's largest supermarket chain on a number of products.

"I'm not telling them what they should do, but before they step into the breach they should perhaps consider the long-term ramifications," said Mr Cairns, the former chief executive of dairy and drinks business Lion and a former senior executive with Pepsico and Frito-Lay.


Mindshare chief strategy office Joe Lunn said Amazon Australia's share of the food and grocery market was small but growing fast.


"Back in March nobody was buying food and groceries from Amazon whereas ... now 4 per cent of Amazon buyers are buying food and grocery from Amazon," Mr Lunn told the Financial Review, citing a Mindshare survey conducted last month.


"The reality is FMCG (fast moving consumer goods) is still such a small portion of their sales ... but it's opening the door."


Woolworths chairman Gordon Cairns warned food and grocery suppliers could "cut their own throats" by selling on Amazon.

Woolworths chairman Gordon Cairns warned food and grocery suppliers could "cut their own throats" by selling on Amazon. Louie Douvis

Amazon.com.au now has more than 2500 food and grocery products on its site, ranging from packaged foods such as Carmans muesli, Kellogg's corn flakes, Milo milk powder and Mount Franklin mineral water to Finish dishwasher tablets, Omo clothes powder, Huggies nappies and wipes, Colgate toothpaste and Cuddly fabric softener.


Colgate Total toothpaste, for example, costs $3.50 on Amazon.com.au but $7 at Woolworths and Coles, Huggies nappy wipes cost between $2.99 and $3.99 on Amazon compared with $6 at Woolworths and Coles, Omo powder costs $22 compared with $30 at Woolworths and Coles and a 94-pack of Finish dishwasher tablets costs $16.99 versus $35 at Woolworths and Coles.


Some food and beverage prices are also cheaper on amazon.com including Kellogg's rice bubbles ($3.75 v $6) and Mount Franklin bottled water (20 by 500ml, $5.50 v $6.50 at Woolworths and $9.20 at Coles). After factoring in free delivery through Prime, which is available for most of Amazon's food and grocery items, the price gap is even higher.


However, prices on many other products on Amazon Pantry, such as Nestle's Nescafe Blend 43 ($9.39), Nutella ($3.70), Masterfood chilli powder ($2.90), Arnott's Tim Tams ($2.50) and Dolmio tomato sauce ($2.00) are identical to Woolworths' and Coles'.


Amazon.com.au now has more than 2500 food and grocery products on its site.

Amazon.com.au now has more than 2500 food and grocery products on its site. Mike Kane

Parallel imports

Market sources said Amazon was possibly sourcing some international brands through the grey market or parallel imports ÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â‚¬Å¡Ã‚¬Ãƒâ€¦Ã‚¡ÃƒÆ’‚¬Ãƒâ€Â¦ÃƒÆ’¢Ã¢Ã¢â‚¬Å¡Ã‚¬Ãƒâ€¦Ã¢â‚¬Å“ a channel Coles and Woolworths have also used to source cheaper stock ÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â‚¬Å¡Ã‚¬Ãƒâ€¦Ã‚¡ÃƒÆ’‚¬Ãƒâ€Â¦ÃƒÆ’¢Ã¢Ã¢â‚¬Å¡Ã‚¬Ãƒâ€¦Ã¢â‚¬Å“ pointing to subtle differences in pack sizes and packaging.


If this is the case, it also poses a risk to suppliers if Australian consumers baulk at different flavour profiles and blame the supplier, as they did when discounter Aldi imported Nescafe from Indonesia and Brazil in 2006.


In some instances Amazon's prices are cheaper than the major chains' on leading Australian-made products ÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â‚¬Å¡Ã‚¬Ãƒâ€¦Ã‚¡ÃƒÆ’‚¬Ãƒâ€Â¦ÃƒÆ’¢Ã¢Ã¢â‚¬Å¡Ã‚¬Ãƒâ€¦Ã¢â‚¬Å“ such as Carman's fruit and nut muesli ($3.90 on Amazon.com.au, $5.70 at Woolworths and $5.70 at Coles but on special this week at $3.90) ÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â‚¬Å¡Ã‚¬Ãƒâ€¦Ã‚¡ÃƒÆ’‚¬Ãƒâ€Â¦ÃƒÆ’¢Ã¢Ã¢â‚¬Å¡Ã‚¬Ãƒâ€¦Ã¢â‚¬Å“ which would not be available through grey channels.


Coles is also understood to be concerned about Amazon's pricing but declined to comment on Thursday.


Former Wesfarmers chief executive Richard Goyder warned two years ago that Amazon, which trades 24 hours a day, seven days a week and can take advantage of its global pricing power, would "eat all our breakfasts, lunches and dinners" unless local retailers lifted their game.


Market sources said Amazon may be adopting an every-day low pricing strategy, which Coles and Woolworths are also starting to favour over high-low promotions. However, this would not explain the 50 per cent price differential on brands such as Colgate and Finish.


Amazon Australia, which appears to be more concerned about growing sales and customers and passing savings onto shoppers than making a profit, declined to comment on its supply arrangements or whether it was selling food and grocery products at a loss.


"We obsess over the things we believe customers will always care about ÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â‚¬Å¡Ã‚¬Ãƒâ€¦Ã‚¡ÃƒÆ’‚¬Ãƒâ€Â¦ÃƒÆ’¢Ã¢Ã¢â‚¬Å¡Ã‚¬Ãƒâ€¦Ã¢â‚¬Å“ low prices, vast selection and fast delivery ÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â‚¬Å¡Ã‚¬Ãƒâ€¦Ã‚¡ÃƒÆ’‚¬Ãƒâ€Â¦ÃƒÆ’¢Ã¢Ã¢â‚¬Å¡Ã‚¬Ãƒâ€¦Ã¢â‚¬Å“ and work hard to provide all three, all the time," a spokeswoman said.



keep close eye on it!!

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Shows the difference that inspired, enabled and capable boards/management/staff can make compared to an old boys club.

I have no sympathy for Coles or Woolies: They've had years to adapt to online: Their attempt sucks. They've had years to adapt to Aldi. Their attempt...well, did they even attempt to compete?

They've treated their customers and supply chain like scum, never evolved and wonder how these multinationals can waltz in here and roll them over and screw them.

Amazon look 10 years ahead, state what they want, then go make it happen. Investing bucket loads of $$$$$$$$. Do coles and woolies invest $$$$$, nah, they throw a bit of cashflow around, but don't build and invest. That's the real difference.


One day Amazon will be old, slow and inept. But they'll take off with billions before that happens.



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Shares in Coles have been trading for only a week, and bears are already piling in. Its biggest rival, on the other hand, is doing just fine.


Short selling interest in Coles climbed to more than 12 per cent of its equity float as of November 23, five times more than Woolworths, according to the latest ASIC data published on Thursday. Short selling is essentially betting against a share price by borrowing stock and selling it on the open market with the aim of buying it back at a lower price for a profit.-


The two supermarket giants account for about 70 per cent of the Australian grocery market, Wesfarmers has said.


Coles' return to the stock exchange is reviving a direct supermarket pair trade that hadn't existed since 2007, when Wesfarmers bought the company.


"It's essentially Coles against Woolies now," said Jun Bei Liu, a fund manager at Tribeca Investment Partners...

- wot! No Amazon!?!?



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