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Woolworths unleashes $400m in cost cuts to convince market it can grow
Chief executive Amanda Bardwell faces a market increasingly concerned about the supermarket’s trajectory as profits fall.
Material Implications from ACCC's Supermarket Sector Inquiry Unlikely
Woolworths also appropriately returns surplus capital from the divestiture of noncore assets to its shareholders. This is exemplified by the divestiture of the retail fuel network to EG Group in 2019 ...
Woolworths to slash jobs, product ranges in $400m cost-saving drive
The nation’s biggest supermarket chain has suffered a $190 million earnings slump in the latest half after a two-week strike ...
Pre-Xmas warehouse strike hits Woolies profit hard
Woolworths has revealed the extent of the hit of its pre-Christmas strike, with its half-year profit shrinking more than 20 ...
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Bunnings backlash: Hardware chain under fire after shopper’s complaint
Navigating the aisles of a huge store can sometimes feel like a maze, and for one shopper, a recent trip to Bunnings ...