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Bumper first half for Woolies but Banducci warns of sales decline ahead

The trend towards in-home dining is continuing to work in Woolworths’ favour but CEO Brad Banducci is taking a fresh look at value to win long-term.  The supermarket giant is already off to a strong start in 2021, with sales growth of 8 per cent for the first seven weeks of the year. The sales boost follows an impressive H1 performance which saw Woolworths record group sales of 35.8 billion, up 10.6 per cent on the first half of FY20. Big W was the standout performer in the first half, co

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