Q1 sales reality check for Woolworths and Coles

Coles has outpointed Woolworths in the fierce battle for market share and sales momentum in the first quarter of the 2017 financial year. Although both supermarket chains posted increases, analysts and investors were underwhelmed by the tepid growth, and are now seriously questioning the future, of Wesfarmers’ Target and Woolworths’ Big W discount department store chains. The reality check for sales growth for the supermarket chains reflects the competitive challenge of Aldi and Costco, but

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