Woolworths CEO Brad Banducci Unveils Growth Aspirations

Woolworths chief executive Brad Banducci has unveiled his long-term growth targets for the retailer’s earnings engine room – food and liquor – saying his aspiration is to restore sales growth to 4 per cent.
In a briefing with analysts at Woolworths’ liquor head office in Sydney, Mr Banducci said he was aiming to grow food and liquor volumes by 2 per cent and lift topline sales growth to 4 per cent through price inflation and by opening a smaller number of new stores. Sydney Morning Herald – Read more…