WOW 0.24% $33.43 woolworths group limited

If rates reamin here, page-21

  1. 1,243 Posts.
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    Hi as I will be in another city on the WOW AGM day 16th of December. I was wondering if someone could mention to management in question time about our logistics situation.
    Specifically to the east coast Sydney, Melbourne and Wodonga.
    The first question being ' If the new Automated MSRDC is running at full capacity, why in fact are we keeping Hume MRDC and Wodonga WORDC running? This would be costing over $100 million a year to keep going.

    Coles, which has a similar DC to Wodonga in Goulburn announced that they were closing this DC in 2 to 3 years, when there Sydney Automated plant was completed.

    Why are we keeping an obsolete logistics warehouse going? It would make sense to announce a closure very soon ( as the lease runs out in 2021) and the cost savings passed onto shareholders Which would be at least over 50 million p.a.

    cheers MHB
 
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