Chanticleer
Woolies boss: ‘Only halfway through crisis’
Brad Banducci says sales are moderating after the COVID-19 surge, but there are reasons to be upbeat too. A big one is Woolworths’ digital momentum.
The contrast couldn’t have been starker.
A week ago, Coles Group chief executive Steven Cain went out of his way to make it clear reality was about to bite the supermarket sector – not only would the fading COVID-19 sales surge likely see sales fall for the rest of the year, concerns about stalled immigration would also weigh on the sector over the longer term.
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