Is too much choice an issue and how do you decide what to buy?
Posted by: looklively
22nd Mar 2017 11:05am
KennethS
- 23rd Mar 2017 03:10pm
The unholy duopoly of Coles and Woolworths have exploited Australian shoppers for two long, I doubt that most people realise how these two powerful groups control the majority of the Australian retail market. It is all about market dominance and stifling competition
Just don't think Supermarkets, think petrol, think liquor, think hotel groups, think pokies, think Big W, KMart, Target Bunnings, these two groups control close to 70% of Australian retailing, basically it is Wesfarmers Group and the Woolworths Group.
Woolworths have suffered some spectacular reverses with Masters losing them billions, the Dick Smith debacle, and have not achieved the profit objectives of their board, and a few heads have rolled.
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