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Woolworths flags concerns across supply chain, customer experience

Inside Retail

Despite group net profit hitting $1.5 Inflation is beginning to impact all aspects of our customers’ shop, and we have been seeing a gradual change in [their] shopping behaviours,” Banducci said, adding that the business is juggling putting through legitimate price increases for suppliers while keeping prices down for customers.

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Woolworths declares $2bn share buyback as profit hits $2.07bn

Inside Retail

Woolworths has announced a $2 billion share buyback following the demerger of its drinks business Endeavour Group and a strong year at the supermarket checkouts. per cent lift in net profit to $2.07 Physical supermarket sales increased by 2.0 Online penetration for supermarkets is quite interesting – 8.5