Supermarket superwars - Part 1

The world’s most competitive supermarket sector is facing turmoil and there may be some lessons for investors in Woolies and Wesfarmers.

Archie Norman should know a thing or two about supermarket retailing. A former chief executive of Asda, he’s credited with turning the company around and making it the UK’s second largest grocer before its sale to Walmart. He also advised Wesfarmers on the purchase of Coles, of which he remains a director and advisor.

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