Woolworths struggles to win back ‘price trust’ from customers – and investors – as Coles value rises

Market value of Woolworths, Australia’s largest supermarket chain, slips from over $40bn to less than $35bnGet our breaking news email, free app or daily news podcastWoolworths has shed over $5bn in market value as it struggles to regain customer “price trust” and stretches product availability.Australia’s biggest supermarket chain on Wednesday reported sales rose 3% in the year to June and just 2% in July and August compared to the year before, while profits in 2024-25 fell by a fifth, to nearly $1.4bn. Continue reading...

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Are Trump’s tariffs pushing rivals India and China closer together?

Independent

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World news

Are Trump’s tariffs pushing rivals India and China closer together?

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