Woolworths’ $907 Million Profits Despite Rising Grocery Prices and Inflation
Woolworths, one of Australia’s largest supermarket chains, has announced profits of $907 million in its half-yearly results. This comes amid rising inflation and a significant increase in grocery prices for customers. Woolworths CEO Brad Banducci attributed the positive results to improving the customer shopping experience, restoring operating rhythm, and a reduction in COVID costs compared […]
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