Woolworths restructures to supercharge lacklustre supermarket growth
Woolworths is embarking on a major restructuring and elevating a longtime executive to oversee its supermarkets and home-brand products business as it attempts to recover from a stumble in sales growth.
Annette Karantoni, who has been the company’s chief supply chain officer since 2021, has been elevated to the position of managing director of Woolworths Retail, a new division that includes the country’s biggest supermarket chain along with home-branded products.
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