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Difference Between Cole And Woolworths

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The quote above extracted from the Malcolm Know book, Supermarket Monsters is an illustration of the power that both retailers can have in our domestic economy. Coles and Woolworths together have 73.7% of market share determined by sales revenue. This compares to 48% in the UK, 44% in France and 24% combined market share for the top two grocery retailers in the USA. However, it is questioned whether in the upcoming years the two giants will remain a duopoly as the increase in size and market share from rivals like Aldi and IGA could reduce their market leadership. A duopoly is defined as a market consisting of only two firms acting interpedently in an industry.. The Australia fruit and vegetable market has been operating with an annual turnover

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