Skip to main content

Healthy appetite for Woolworths food offsets Covid-19 pressure

| Retailer trading results

Robust demand in Woolworths’ food division helped offset Covid-19-related pressure in Australia and its fashion business in the last half of 2020, the retail group reports.

Woolworths Food experienced a surge in online activity and delivered market share gains, the group said in a trading update for the 26 weeks ended December 27, when group sales rose 5.3% in actual currency terms.

Woolworths Food sales rose 10.9% and online sales 158.5%, despite trading conditions across the group continuing to be affected by Covid-19, the update reads.

Woolworths said it had still experienced significantly reduced store footfall, particularly in larger shopping centres and central business district locations, and sales in Woolworths Fashion, Beauty and Home fell 11.2%. This was partially due to a weak Black Friday spend and generally lower demand for formalwear.

David Jones sales over the 26-week period declined 8.8%, while Country Road experienced a 5.2% fall, both affected by a 12-week lockdown in the State of Victoria.

The rand was weaker against the Australian dollar during the period under review, and Woolworths said its group sales in constant-currency terms fell 0.5% in the six months to December 26.

In morning trade the group’s share surged 9.28% to R44.06, putting it on track for its best day in more than seven months and putting Woolworths at its highest level in almost a year.

 

Pin It

Related Articles

South African retail group Woolworths Holdings delivered improved interim earnings after robust festive-season trading and solid Black Friday demand lifted performance, particularly in its premium food division.
Source: BizCommunity Dis-Chem Pharmacies saw a 10.1% increase in group income for the 24-week period from September 1, 2025, to February 16, 2026, compared to the same time the previous year.
Pick n Pay expects to post a significantly larger headline loss in its 2026 financial year, as pressure on its core supermarket operations and clothing business continues in a difficult retail environment.
  Shoprite Holdings’ on-demand delivery service, Sixty60, maintained strong momentum in the six months ended 28 December 2025, with turnover generated through the platform jumping 34.6% — far ahead of the group’s overall growth…
Shares in Clicks Group dropped sharply on Thursday (22/01/2026), falling 6.21% on the JSE after the retailer reported slower comparable sales growth over the festive season compared with the prior year.