Woolworths says cautious customers are cutting back

Woolworths says its supermarket business is normalising after years of COVID-19 disruptions, but cost-of-living pressures are impacting its Big W business. The retail giant on Wednesday announced it had made a $1.62 billion full-year profit after tax, up 4.6 per cent from the prior year, a result basically in line with expectations. Revenue increased 5.7 […]

This post was originally published on Michael West.