Home Business and Technology Woolworths reports rise in food sales

Woolworths reports rise in food sales


Woolworths has reported a 10 percent rise in food sales for the year. But this wasn’t enough to prevent a 65 percent fall in annual earnings.

The retailer was affected by the temporary closure of most of its non-food services as a result of the first lockdown.

Woolworths stores

The company’s fashion, beauty and home business took a 10 percent dive in sales.

Its troubled Australian division David Jones saw sales decline for the year.

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Source: eNCA