Departing CEO Brad Banducci concedes that Woolworths was “out-traded” by Coles
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 […]
Departing CEO Brad Banducci concedes that Woolworths was “out-traded” by Coles Read More »
