‘Destroyed capital’: Investor calls for Woolworths to ditch Big W and New Zealand operations

[ad_1]

‘Destroyed capital’: Investor calls for Woolworths to ditch Big W and New Zealand operations

Woolworths has been encouraged to ditch Big W and separate from New Zealand operations as investors claim the two are contributing to profit losses.

The Australian Financial Review reports First Sentier Investors portfolio manager Dushko Bajic spoke at a Sydney forum this week, where he said he’d proposed the move to Woolworths CEO Amanda Bardwell.

[ad_2]

Source link

#Destroyed #capital #Investor #calls #Woolworths #ditch #Big #Zealand #operations

Related posts

Barcelona’s Sagrada Familia basilica becomes world’s tallest church

Does Trump’s nuclear testing raise the stakes

Hurricane Melissa leaves trail of destruction across Caribbean