Incoming Coles boss John Durkan will waste no time taking the fight to Woolworths, signalling prospects of a fresh price war across the supermarket aisles this year and a review of his laggard liquor stores to peel customers from Woolies’ dominant Dan Murphy’s chain.
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Mr Durkan, who will take over from long-serving Coles chief executive Ian McLeod on July 1, mapped out his blueprint for building Coles into a world leading retailer at Wesfarmers’ strategy day on Wednesday, with other divisional heads, from coal to Kmart, also delivering their Sydney Morning Herald – Read more…
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