Categories
Ecommerce

Woolworths sales were up 12% during the first quarter of the 2021 financial year, driven by online sales and the popularity of Ooshies [Video]

(Photo by Hugh Peterswald/Pacific Press/LightRocket via Getty Images)


Woolworths’ sales have increased during the first quarter of the 2021 financial year.

The supermarket giant reported a 12.3% rise in group sales – compared to the same period last year – to $17.9 billion. Its ecommerce sales also shot up during the quarter, increasing 86.7% to $1.5 billion.

Food sales rose 12.9% to $12 billion, driven by shifting customer behaviour, demand for ecommerce services like online shopping and the popularity of Ooshies.

“Sales continued to benefit from COVID-driven higher in-home consumption as we well as the success of Disney+ Ooshies,” Woolies said in its report. “Sales growth in Victoria was approximately …

Watch/Read More

Categories
Ecommerce

Congress Sets Stage for Exiling Chinese Stocks From U.S. Over Audit Dispute [Video]

The House unanimously approved legislation that threatens a trading ban of shares of Chinese companies, such as Alibaba, over concerns that their audits arent sufficiently regulated.

Categories
Ecommerce

ASB MAGAZINE: Two-time world champion surferJohn John Florence, in partnership with Clif Bar, has released a new documentary film Tokyo Rising, through Amazon Prime Video.Tokyo Risingchronicles Florences 2019 professional surfing season and quest to earn a position on the inaugural Team USA Olympic surf team. With Kelly Slater on his heels, Florence is faced with a high-stakes decision five months after reconstructive surgery on his ACL. The battle for Olympic qualification comes down to the Pipe Masters on Oahus North Shore.