Woolworths' $110m bonus spree 'a good problem to have': CEO Brad Banducci

By Colin Kruger and Catie Low
Updated February 23 2017 - 1:08am, first published 1:01am
Woolworths' chief executive Brad Banducci has restored sales growth in supermarkets - but it came at a cost to profits.
  Photo: Peter Rae
Woolworths' chief executive Brad Banducci has restored sales growth in supermarkets - but it came at a cost to profits. Photo: Peter Rae
Woolworths' booze business - which includes the BWS, Dan Murphy's and Cellarmasters chains - has been a bright spot in the result.  Photo: Peter Rae
Woolworths' booze business - which includes the BWS, Dan Murphy's and Cellarmasters chains - has been a bright spot in the result. Photo: Peter Rae

There is a $110 million reason why Brad Banducci's success in Woolworths' grocery aisle is not reflected in the company's bottom line.

Subscribe now for unlimited access.

$0/

(min cost $0)

or signup to continue reading

See subscription options

Get the latest Orange news in your inbox

Sign up for our newsletter to stay up to date.

We care about the protection of your data. Read our Privacy Policy.