StockTalk

General Category => ASX => Topic started by: Onemootpoint on Jul 18, 2023, 01:05 PM

Title: WOW.AX Woolworths Group Limited
Post by: Onemootpoint on Jul 18, 2023, 01:05 PM
Countdown supermarkets to rebrand back to Woolworths

https://www.stuff.co.nz/business/132563941/countdown-supermarkets-to-rebrand-back-to-woolworths

"Countdown supermarkets are set to rebrand back to Woolworths in a move that the Australian supermarket giant says comes as part of a 'transformation programme'."
Title: Re: WOW.AX Woolworths Group Limited
Post by: CalBe55 on Jul 26, 2023, 12:05 AM
Quote from: Onemootpoint on Jul 18, 2023, 01:05 PMCountdown supermarkets to rebrand back to Woolworths

https://www.stuff.co.nz/business/132563941/countdown-supermarkets-to-rebrand-back-to-woolworths

"Countdown supermarkets are set to rebrand back to Woolworths in a move that the Australian supermarket giant says comes as part of a 'transformation programme'."

I still don't understand what the point of renaming to the former name was? Did they attract new customers or increase sales?
Title: Re: WOW.AX Woolworths Group Limited
Post by: Onemootpoint on Jul 26, 2023, 01:40 AM
The cost associated with this is ridiculously high.