Woolworths reports sales fall as shoppers avoid larger malls
The group is under pressue due to the reintroduction of lockdown measures in Australia and changes in consumer behaviour
19 November 2020 - 09:02
Retail group Woolworths says the changes to consumer behaviour due to Covid-19 remain in place, including fewer visits to larger malls and city centres, and a reduced demand for formalwear.
The group’s Australian operations have also been under pressure as that country grapples with a second wave of Covid-19 in some states, while even as restrictions ease in SA, the pace of economic recovery is slow...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.