Woolworths food sales in SA remain resilient amid Covid-19
Group sales fell 17% in the eight weeks to April 26, although the food business in SA has experienced steady demand
27 May 2020 - 07:52
Retailer Woolworths said on Wednesday Covid-19 has had a varying effect on its businesses, with food sales in SA remaining resilient, even as sales of fashion and homeware slumped.
Sales fell 17% in the eight weeks to April 26, when adjusting for an extra trading week in the prior financial year, with the group reporting a spike in demand for food ahead of lockdowns taking effect.The group said it has experienced reduced footfall, but increased basket size as consumers adapt to the lockdown...
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