Woolworths profits jump 18.1 per cent as Ooshies drive sales surge
Woolworths profits rose 18.1 per cent to $1.14 billion. Food sales grew 4.6 per cent to $53.9 billion. Ooshies collectables are credited for recent momentum.
Why it mattersWoolworths' Ooshies collectables campaign shows how promotional campaigns can drive customer visits. Coles' slower growth shows it faces competitive pressure in Australia's duopoly supermarket market.
AustraliaAustralian shoppers are spending more at Woolworths, potentially paying higher prices than if Coles maintained stronger market share, though both chains are racing to cut costs.
Corroborated byperthnow.com.au
✓ Claims checked against the source. checked 4 h ago
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