Can Coles and Woolworths counter the rise of Aldi?

Nikko AM

Nikko AM

I recently visited the UK to learn more about the UK economy, in particular UK retailers, and to see if the UK market held any lessons for Australian businesses. The UK supermarket industry is very different to Australia, with four major supermarket chains and two hard discount chains all fighting for market share. And just like in Australia, Aldi has made a significant impact in the UK, with the major supermarkets reducing prices substantially on the back of its presence. What do Coles and Woolworths need to do to retain customers in Australia and how will this affect margins across the industry? (VIEW LINK)


Nikko AM
Nikko AM

Nikko Asset Management is one of Asia’s largest asset managers, providing high-conviction, active fund management across a range of Equity, Fixed Income, Multi-Asset and Alternative strategies. In April 2021, Yarra Capital Management acquired...

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Comments

Sign In or Join Free to comment