Woolworths

After reporting no growth from its food and liquor business in the third quarter of 2012, Woolworths reported a slightly better result—1.3% same-store sales growth—for the fourth quarter. Price deflation continues to be a significant issue, particularly in fresh produce, bakery, deli and seafood. The liquor business is stronger than food, with the company reporting little cannibalisation of its convenience formats (such as BWS) despite strong growth from its ‘big box’ brand Dan Murphy’s. Big W also reported a welcome lift in fourth quarter same-store sales, which rose 1.6%. The most recent quarter was the only one in which...

After reporting no growth from its food and liquor business in the third quarter of 2012, Woolworths reported a slightly better result—1.3% same-store sales growth—for the fourth quarter. Price deflation continues to be a significant issue, particularly in fresh produce, bakery, deli and seafood.

The liquor business is stronger than food, with the company reporting little cannibalisation of its convenience formats (such as BWS) despite strong growth from its ‘big box’ brand Dan Murphy’s.

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