Original article by Patrick Hatch
The Australian Financial Review – Page: 15 : 6-Oct-15
An analysis of grocery prices in Australian supermarkets shows that Costco has the lowest prices for 36 items. Morgan Stanley analyst Tom Kierath also found that the same items were 29 per cent more expensive at Woolworths. However, Coles’ prices were higher than those of Woolworths on 20 items, while its prices were lower on 13 products and the same on three products.
CORPORATES
WOOLWORTHS LIMITED – ASX WOW, COLES GROUP LIMITED, COSTCO WHOLESALE AUSTRALIA PTY LTD, MORGAN STANLEY AUSTRALIA LIMITED