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Brad Banducci

Departing CEO Brad Banducci concedes that Woolworths was “out-traded” by Coles

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Woolworths CEO Brad Banducci recently acknowledged that competitor Coles had outperformed his company during the last quarter. Woolworths faced challenges like unpopular promotions, supply chain disruptions, and cautious consumer spending habits, leading to lower-than-expected sales. This widened the gap between Woolworths and Coles and missed analysts’ predictions. Banducci, who will soon step down, leaves behind […]

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brad banducci

Woolworths CEO Brad Banducci Announces Retirement Amid Challenges

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Woolworths CEO Brad Banducci has acknowledged several mistakes and miscommunications during his tenure, including mishandled announcements and the improper labelling of former ACCC boss Rod Sims as “retired.” He has expressed regret and announced his planned retirement from one of Australia’s most challenging corporate roles. With ongoing scrutiny from both political and community fronts on

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Brad Baducci woolworths

Woolworths CEO’s Dramatic TV Interview: Sparks Fly Over Grocery Prices

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In a recent television interview, Woolworths CEO Brad Banducci found himself in a heated exchange over the soaring prices of groceries, prompting an unexpected storm-out. The interview, part of a Four Corners episode delving into the company’s pricing strategies, saw Banducci facing tough questions about Australia’s supermarket landscape. When asked about Australia potentially having the

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mondelez

Mondelez CEO Defends Woolworths and Coles Against Price Gouging Claims

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The leader of Mondelez, one of the world’s major supermarket suppliers and the owner of Cadbury, has rejected claims of price gouging by Woolworths and Coles in Australia. Mondelez Australia’s CEO, Darren O’Brien, argues that much of the negative criticism against these retail giants is based on emotions rather than concrete evidence of a dysfunctional

Mondelez CEO Defends Woolworths and Coles Against Price Gouging Claims Read More »

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