Originally Posted by
winner69
This paragraph says it all -
Mr Hickey noted “Given structural changes in the pet sector, we need to review our previous capital-intensive model of renewing the physical layout of stores and clinics and instead focus on customer centricity and profitability of the existing fleet. We will continue to backfill veterinary and other services into retail stores in strong catchments and to grow our footprint where we identify synergies with our existing network. However, going forward our immediate focus will shift more towards integrating technology into our existing offering in areas including omnichannel development, digital assets and data analytics, optimising our store and clinic footprint and improving the customer experience. As a result, the previously flagged high capital cost “store of the future” re-fit program is no longer a priority and has been cancelled.”
Will an already disenchanted market (shareprice drifting from $10 to $4 odd says so) believe All those buzzwords and rhetoric and think a quick turnaround is possible?