Woolworths reconsiders floor space in Australia as online sales rise
The retailer says the reduction of unproductive space in Australasia remains the priority, even as it reports growing market share in its core SA business
27 January 2020 - 08:28
Retailer Woolworths, which owns David Jones, said on Monday that net space in its Country Road group fell by 8.1% in its half year to December 29, and further reductions are being contemplated due to rising online sales in the region.
Woolworths said on Monday the reduction of unproductive space in Australasia remained the priority, even as it reported growing market share in its core SA business, where trading space grew...
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