The Gold Coast Bulletin

Woolies lifts share

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WOOLWORTHS has increased its share of the $102 billion grocery sector for the first time in three years as it lures shoppers from arch rival Coles, a study has found.

And Aldi’s share of the nation’s hotly contested market is also set to hit an all-time high of 9.2 per cent, according to the industry overview by research house IbisWorld.

Woolworths lifted its market share to 36.7 per cent in the year to last June – the first time it had gained ground since June 2013 – the research house found.

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