Woolworths fighting multiple flanks

Behind the headline numbers in Woolworths' third-quarter results is further confirmation that the already tough conditions in the grocery sector are, if anything, deteriorating.

When Metcash announced its major restructuring earlier this month, flagging the demise of the corner store in the process, it was obvious that the already tough conditions in the grocery sector were, if anything, deteriorating. Beneath the headline numbers in today’s Woolworths third-quarter sales announcement is further confirmation.

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