Woolworths' Disney Toy Giveaway Hurt Competitor Coles

Woolworths' Disney Toy Giveaway Hurt Competitor Coles

Woolworths gave away Disney Ooshies — small collectable toys — and pulled an estimated A$100 million in sales from rival Coles, causing a nearly four-week dip Coles CEO Leah Weckert called "temporary." A YouGov survey found two-thirds of parents switched stores. Coles says sales are back to normal, but RBC analyst Michael Toner warned it could worry investors.

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