Woolworths Group Ltd (ASX: WOW) was founded in 1924 by Percy Christmas, with its first store opening in Sydney’s Imperial Arcade. Woolworths has gone on to become Australia’s largest supermarket business, operating Woolworths supermarkets in Australia and Countdown in New Zealand. It also runs the retail department store Big W as well as liquor stores Dan Murphy’s and BWS. With over 3,000 stores and more than 200,000 employees, it’s one of Australia’s largest employers.
Woolworths Group Ltd (ASX:WOW) is having a battle with Arnotts, will this hurt the share price?
The Marley Spoon AG (ASX:MMM) share price is trading nearly 9% higher today after securing a funding deal from two existing investors.
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) rose by 0.62% on Wednesday.
It is time for a revisit of the Woolworths Group Ltd (ASX:WOW) shares versus Coles Group Limited (ASX:COL) shares debate.
The Woolworths Group Ltd (ASX:WOW) share price will be on watch today after the company released its FY19 report to the market this morning.
The Australian share market or ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open flat today, the USA’s S&P 500 Index (.INX) rose 0.6% on Wednesday.
The Coles Group Limited (ASX:COL) share price is up around 4% as the market consumes the FY19 report numbers.
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Does Woolworths (ASX:WOW) have the biggest moat in Australian business?
