Countdown sales growth slows; e-commerce booms

Wed, 04 Nov 2020

Countdown's sales growth slowed in the first quarter of Woolworth’s 2021 financial year as easing covid restrictions sapped some of the strong demand.Sales rose to $1.9 billion in the 14 weeks ended Oct. 4, up almost 7 percent from the same period a year earlier. There was a short-lived bump in August as new covid cases were detected and Auckland returned to alert level 3, but that temporary boost quickly returned to trend.The supermarket's e-commerce channel continued its rapid expansion, growing by a third to account for almost...

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