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Published 15 days ago

Woolies CEO says customers struggling to make ends meet

Summary by canberradaily.com.au
Woolworths says the last quarter was tough for both sales and customers – and it expects the challenging trading conditions to last another 12 months due to sticky inflation and increased competition. The supermarket giant had seen a noticeable shift in customer sentiment and shopping behaviours since Christmas as customers adjusted their budgets, Woolworths chief executive Brad Banducci said on Thursday. “Customers across all segments (are) tel…

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canberradaily.com.aucanberradaily.com.au

Woolies CEO says customers struggling to make ends meet

Woolworths says the last quarter was tough for both sales and customers – and it expects the challenging trading conditions to last another 12 months due to sticky inflation and increased competition. The supermarket giant had seen a noticeable shift in customer sentiment and shopping behaviours since Christmas as customers adjusted their budgets, Woolworths chief executive Brad Banducci said on Thursday. “Customers across all segments (are) tel…

15 days ago·Canberra, Australia
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