Half year results season in Australia is out of the way, with both Woolworths and Coles having released their HY performance reports over the last two weeks. As the attention swings towards H2 and the rest of 2021, we believe that there are five major trends that will shape the Australian grocery market as we cycle out of the pandemic... 1. Acceleration of online grocery Over the past few y...

Woolworths Group has reported half year sales up 10.6% to AU$35,845m and EBIT up 10.5% to AU$2,092m for the period ending 3 Jaunuary 2021. Strong growth was seen across all businesses, except hotels, with online sales growing across the group by an impressive 78%. Australian Food sales up 10.6% to AU$23,449m Strong sales growth was seen through the half, slowing marginally in Q2. LFL sales ...

Woolworths has announced that it will invest more than AU$50m over the next three years in training its teams to have the skills and capabilities they will need for the future. Preparing its team for the future of retail The investment, called the Future of Work Fund, will look to 'upskill, reskill and redeploy' its team members in the face of industry change and technological advances. Are...