Woolworths Dash online food shopping app sees big growth
Woolies Dash has seen solid 20-week growth, with Woolworths’ online food sales increasing by 26% and contributing 3.6% of South African sales.Its food business overall has also seen solid growth, despite the challenges load-shedding presents.
“This was notwithstanding the considerable disruption caused by load-shedding, which has had a pronounced impact on our predominantly fresh categories across the business, in terms of foregone sales, increased waste, and significant increases in diesel costs required to support trade during the extended power outages.”
“Price movement averaged 11.1% and remains positively impacted by the successful implementation of our markdown reduction strategies.” “The annualised impairment rate for the four months ended 31 October 2022 increased to 6.2%, compared to 4.1% in the prior period, due to the growth in new accounts as well as the increased financial pressure felt by consumers,” it said.
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