Business
Woolworths (ASX:WOW) fails the pub test with Darwin Dan Murphy’s
The Woolworths Group Ltd (ASX: WOW) share price is firmly in the red following the release of two statements to the ASX today.
They include the company’s quarterly sales update which we talked about at the Motley Fool this morning, and an announcement on its proposed Dan Murphy’s outlet near Darwin’s airport.
At the time of writing, the Woolworths share price is down 3.62%, trading at $39.91 per share. Meanwhile, the S&P/ASX 200 Index (ASX: XJO) is 0.24% higher.
Let’s delve into the update on Dan Murphy’s.
Thumbs down from independent review
Following plenty of pushback from various organisations, Woolworths launched an independent panel review into its proposed Dan Murphy’s in Darwin. This review was led by the…
-
Noosa News19 hours ago‘Just want to know he’s safe’: Family’s German Shepherd asleep in back of stolen ute
-
Noosa News23 hours agoQueensland Cross-Border Commissioner and former police union boss Ian Leavers found dead at Brisbane home
-
Noosa News22 hours agoLogan man Umar Al Enizi cleared of murder after Browns Plains road rage incident in 2021
-
General23 hours agoFather of seven-year-old neglect victim denied bail while awaiting sentencing
