Why Coles (ASX:COL) and Woolworths (ASX:WOW) shares are wary of Aldi
Raymond Jang
July 14, 2021
It’s easy to focus on the biggest players, Coles Group
Woolworths Group Ltd (ASX: WOW) was founded in 1924 by Percy Christmas, with its first store opening in Sydney’s Imperial Arcade. Woolworths has gone on to become Australia’s largest supermarket business, operating Woolworths supermarkets in Australia and Countdown in New Zealand. It also runs the retail department store Big W as well as liquor stores Dan Murphy’s and BWS. With over 3,000 stores and more than 200,000 employees, it’s one of Australia’s largest employers.
It’s easy to focus on the biggest players, Coles Group
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