With the pull back in WOW this week it is a fait accompli that WES is succeeding in their turn around of coles. WOW's double digit growth days appear to be over, or fast approaching.
Costco, WOW in hardware etc.. of course there will be competition and there is a risk attached to that, but ask yourself where you would prefer to be placed? WES is very well placed. To succeed further WES only need to optimise what their doing, and remember that the suite of coles assets haven't ever really been optimised until now (Meyer is now killing it as well privately).
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