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Citigroup's Craig Woolford​ says the expenditure in private label price ranges is probably going to Price tag Woolworths a more modest $396 million, reducing grocery margins by about 92 basis factors.
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"We're not going to be beaten on value relative to our main entire line grocery store competitor," Woolworths' new Foodstuff Team taking care of director, Brad Banducci​, instructed buyers before this thirty day period.
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