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Woolworths should keep Big W and Masters, says former boss

2015-11-09 19:14:02| Grocery - Topix.net

Troubled retail giant Woolworths should persevere with its struggling BIG W and Masters chains to avoid a replay of the value-destroying sale of Dick Smith to private equity investors, says former Woolworths executive chairman Paul Simons. that BIG W was "nowhere near as bad as it was in 1987", when he took the helm, and the decline in profits could be arrested with the right management.

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