Woolworths’ online sales way up over last financial year

Photo courtesy of Paul Townsend on Flickr

Photo courtesy of Paul Townsend on Flickr

Woolworths announced recently that its online sales rose to more than AU$1.2 billion for the financial year ending June 2014. This is an increase of more than 50% compared to last year.

Woolworths CEO Grant O’Brien said  the latest results reinforced the company’s market leadership in the region’s online retail landscape.

“We have continued our focus on maintaining our track record of building new growth businesses … reinforcing our market leadership as Australasia’s largest domestic online retailer,” O’Brien said in a statement to shareholders.

“Our market-leading online offers in Australian food, Australian liquor, as well as food in New Zealand, continue to exceed our expectations, and have been supported by strong growth in our Australasian apparel business.

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