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A strong Christmas season, focus on shopper experience and restoration to normal trading rhythm helped drive Woolworths Group F23 H1 sales by 4.0% to AUD33,169m (US$22,664m). EBIT grew 18.4% due to reduction of COVID-related costs in the prior year.
A guide to Australia’s grocery market and how we expect the country, its leading retailers and channels to evolve over the next five years.
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We highlight five trends set to shape the food and consumer goods retail market across Australasia in 2023.