Original article by Carrie LaFrenz
The Australian Financial Review – Page: 17 : 23-Jul-24
A survey of 26 supermarket suppliers by investment bank UBS has found that the number who thought Coles outperformed Woolworths in the final quarter of the 2023-24 financial year more than doubled to 41 per cent. 19 per cent of suppliers felt Woolworths had performed better in the period, while 41 per cent said they had traded "about the same". Asked which supermarket they thought had gained the most market share since the start of the year, 59 per cent of suppliers said Aldi had, while 30 per cent said Coles had; just eight per cent said Woolworths had.
CORPORATES
UBS HOLDINGS PTY LTD, COLES GROUP LIMITED – ASX COL, WOOLWORTHS GROUP LIMITED – ASX WOW, ALDI STORES SUPERMARKETS PTY LTD