Australian supermarkets have tended to lag their british counterparts by several years.
The trends that happen in the UK follow on several years later into the Australian market.
UK british food retailers (the big 4) are suffering real profit declines at the moment, mainly because of the budgets 'aldi etc'.
You need to do your own research here, Im lazy to go through all the points.
But the conditions are now right.
I highly anticipate a number of years of underperformance by the once market darlings WOW and WES.
BUYER BEWARE
The trends that happen in the UK follow on several years later into the Australian market.
UK british food retailers (the big 4) are suffering real profit declines at the moment, mainly because of the budgets 'aldi etc'.
You need to do your own research here, Im lazy to go through all the points.
But the conditions are now right.
I highly anticipate a number of years of underperformance by the once market darlings WOW and WES.
BUYER BEWARE