GgoogleAU first seen 3 d ago, last 2 d ago, peak #1

Woolworths credits price cuts for steady sales growth

Original: woolworths

Woolworths says its price-cutting drive is keeping sales growth on track, according to comments reported by the Australian Financial Review. The supermarket giant's discounting strategy is being credited with sustaining customer demand amid cost-of-living pressures in Australia, where grocery prices remain a hot political and consumer topic.

Why now: Shoppers and investors are watching how Australia's biggest supermarket responds to scrutiny over grocery prices.

WoolworthsAustralian Financial Review

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• Woolworths hails price-cutting drive for keeping sales growth on track · AFR

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