Original article by Richard Gluyas
The Australian – Page: 19 : 2-Oct-14
Brad Banducci, director of the liquor group at Woolworths, says its Dan Murphy’s chain is about to undergo a major transformation. It is launching the new Connections online sales site, which will eventually have some 20,000 items on offer. This compares with about 8,200 in the "bricks and mortar" outlets, and the demand trends on the internet will in future also influence what lines are stocked in the stores. Suppliers will need to pay a quarter of the retail price to have their products listed, and Woolworths will save on inventory costs
CORPORATES
WOOLWORTHS LIMITED – ASX WOW, DAN MURPHY’S