The Sales per square feet of Woolworths Ltd in Australia reached USD 892.32 in 2020
The indicator recorded a historical growth (CAGR) of 1.69% between 2017 to 2020
Woolworths Group Ltd (Woolworths) is a diversified company that operates destination and convenience stores, supermarkets, and online channels. It procures food, drinks, general merchandise and consumer electronic-related products from various farmers, producers, and manufacturers and resells them to various customers. It also offers leisure and hospitality services including accommodation, entertainment, and gaming for its users and delivers these products across various pick-up locations residing in these regions. The company operates stores under various banners, including Woolworths, Metros, Countdown, WooliesX, Dan Murphy’s, Summergate, Langtons, Cellarmasters, BIG W, BWS, and Caltex, and among others. Woolworths is headquartered in Sydney, New South Wales, Australia.
Products and services:
Woolworths operates and manages grocery retail outlets in Australia and New Zealand. The company’s major products, services and brands include the following:
Products:
Services:
Corporate strategy
Woolworths focuses on the key value drivers for the company. The company set six key priorities that reflect the transformation of the company into a Food and Everyday Needs Ecosystem, and with complementary adjacencies for growth and partnerships that expand its products and services range. It aims to provide better experiences for customers for the future. Apart from this, Woolworths is committed to reducing carbon emissions for a better environment.
In line with this, the company undertook several initiatives that could support it in achieving these goals. In May 2021, the company launched HealthyLife, a new online business to provide customers with health and wellness advice, services, experiences, and products. The new business line is expected to offer to increase its product portfolio that may attract many health-conscious customers. In April 2021, the company partnered with Australian manufacturer Detpak to produce the locally made bags paper carry bag, which could help the company to fulfill it save the environment commitment through its eco-friendly initiative.
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