NOVEMBER 03, 2014
News.com.au
WOOLWORTHS has lifted its supermarket food and liquor sales by 3.9 per cent to $11 billion, despite softer trading for most of the September quarter.
WOOLWORTH’S total first quarter sales rose three per cent to $16.15 billion.
However, while its supermarket sales were up, petrol sales dropped 4.5 per cent to $1.8 billion after Woolworths was ordered by the competition watchdog to reduce the discounts it offered.
The retailer’s Masters hardware chain lifted sales by 30.8 per cent to $238 million, but sales from its hotels business dipped one per cent to $399 million.
Posted in Industry News
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