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Woolworths Group Ltd (ASX:WOW)

Food & Staples Retailing

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) share price

Woolworths Group Ltd (ASX:WOW) share price news

ASX Growth Shares
Drew Meredith, CFP

S&P/ASX 200 (XJO) just had its worst week in 2 years, now what?

The S&P/ASX 200 (INDEXASX: XJO) and All Ordinaries (ASX: XAO) just capped off its worst week since March 2020, falling 1.8 per cent on Friday and dragging the ASX200 down 6.6 per cent for the week. The 6.6 per cent fall in the ASX 200 followed a 4.2 per cent drop in the prior week which now has the index nearing a bear market.

Consumer staples
Drew Meredith, CFP

The ASX 200 (XJO) keeps sinking, Tesla (TSLA) stock price falls

The S&P/ASX 200 (INDEXASX: XJO) and All Ordinaries (ASX: XAO) were as much as 1.1 per cent higher during Thursday’s session following the US Federal Reserve’s decision to hike interest rates. By Friday midday, the ASX 200 was again trading lower, this time down 2%.

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