Woolworths clothing improves but Australia disappoints
26 July 2022 - 09:10
UPDATED 26 July 2022 - 20:26
High-end food and clothes retailer Woolworths reported an improvement in SA clothing sales in its 2022 financial year, showing the strategy to fix the apparel division may be working, even as its food business lagged behind its peers.
In SA, the fashion, beauty and home division grew full-year sales by 5.4% in the 52 weeks to June 26 with same-store sales up 7.3%, despite trading space falling 4.5%, in line with the company’s plan to reduce rental costs. ..
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