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Woolworths shareholders look for green shoots at AGM

2015-11-25 10:48:55| Grocery - Topix.net

Woolworths chairman Gordon Cairns is facing a hostile reception from angry shareholders despite attempts to appease investors with a series of high-profile hires and by engaging advisers to review assets. The Woolworths board will face retail shareholders on Thursday for the first time since the company slashed profit guidance, announced a series of senior executive departures and revealed plans to invest more than $600 million into grocery prices and service to restore growth in supermarkets.

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