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Woolworths is examining its private label grocery strategy right after admitting every week in the past that buyers perceived the standard of Aldi's private label brands to become on par or a lot better than Woolworths' Decide on model and remarkable to its entry-amount Homebrand range.
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The retailer also requires to boost its advertising and marketing to persuade customers that its prices are aggressive. Previously this week, Woolworths confirmed it experienced parted strategies with its fourth advertising and marketing director in as many years, with CMO Tony Phillips stepping down after a calendar year from the purpose.
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Woolworths has invested $125 million considering that January reducing grocery costs in outlets and on-line but conceded before this month that its selling prices had been however increased than Coles' by "less than one hundred foundation factors".