Sentences with phrase «after aggressive discounting»
Metcash shares rose more than 6 per cent, even though the wholesaler reported a 1.9 per cent fall in underlying first half net profit to $ 119 million after aggressive discounting by Coles and Woolworths led to a decline in grocery sales and market share.
http://www.afr.com/ Not exact matches
Citigroup analyst Gino Rossi believes the shelf price rises and less aggressive discounting auger well for CCA and could take some of the pressure off margins after a tough year in 2013.
Federal authorities announced their largest - ever push for bus safety, shutting down 26 discount bus companies and assuming an aggressive new oversight stance after a series of deadly crashes.