Coles, Woolies turn the screw on competitors

 In Australia, Coles, NewZealand, Woolworths
It is now five years since Wesfarmers acquired Coles for $19 billion nat the peak of the sharemarket boom, but despite 13 consecutive quartersn of the supermarket operator beating Woolworths in comparable store nsales, neither of Australia’s giants have lost out from their renewed ncompetition.

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nOne of the main reasons is Australia’s duopoly market structure, according to research from Macquarie Private Wealth.Sydney Morning Hearld – Read more.

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