Woolworths’ star food business faces increasing competition

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The retailer’s food sales slowed even as it cut prices in the face of cash-strapped consumers. However, the group is seeing improvement in its SA clothing business

Clothing retailer Woolworths posted a flat performance in the year to June 26 as food sales slowed even as it cut prices in the face of cash-strapped consumers and increasing competition from peers.

However, the group is beginning to see an improvement in its SA clothing business that had been losing market share in previous years. ..A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

 

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sorry but I do not see cut prices, the price for sugar, coffee, bread, cooking oil, egg's etc is ridiculous.

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