date:Mar 06, 2014
vers customers long-term price reductions on a range of popular groceries.
CODB as a percentage of sales before significant items increased 4 bps on the previous half year, attributable to additional rental expense (net of depreciation savings) following the sale of properties to the SCA Property Group in FY13. Excluding these costs, CODB as a percentage of sales before significant items decreased 22 bps, which Woolworths said reflected strong cost management across the business with cost savin