It’s probably more Coles is on the back foot again from a resurgent Woolworths, these offers obviously attract significant spend which Coles likely needs as they cycle out this competitor activity (ooshies).
From what I was told is that Woolworths had traded well above plan for the past month due to the success from the Ooshies campaign, apparently the most successful from all its collectables campaigns.
Coles will be starting Q1 on the back foot id imagine so I’d expect a pretty competitive peak period ahead which will be good for us point chasers.
From what I was told is that Woolworths had traded well above plan for the past month due to the success from the Ooshies campaign, apparently the most successful from all its collectables campaigns.
Coles will be starting Q1 on the back foot id imagine so I’d expect a pretty competitive peak period ahead which will be good for us point chasers.
