Woolworths Group

Largest Australian supermarket group

Overview

Woolworths Group runs supermarkets and general-merchandise stores in Australia and New Zealand, reporting Australian Food, Australian B2B, New Zealand Food, Big W and other segments.[2] It is headquartered in Sydney, and Forbes gives 1924 as its founding year.[2] Sales were US$45.3bn, 0.7% lower than the prior-year figure in dollar terms, and profit was US$386m.[2] It dropped from nineteenth to twenty-first as George Weston and Inditex overtook it. Its domestic rival Coles Group is outside the top 25 with Forbes sales of US$29.1bn.[2]

Woolworths Group strengths and limitations

Strengths

  • Largest Australian retailer
  • B2B distribution arm
  • Strong domestic market share

Limitations

  • Sales fell 0.7%
  • Profit margin under 1%
  • Limited to two countries

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