According to Statista,
When it comes to groceries, Woolworths is the clear winner. As we looked at last month, Woolworths was able to nab a 37.1% share of the Australian grocery market in FY2022, while Coles came in a distant second, with a 27.9% share.
Australia's two big chains have boosted profit margins throughout the pandemic and inflationary period. Their preferred gauge of profitability, known as Ebit margins or operating margins, has spiked to 5.3% at Coles and 5.9% at Woolworths, according to financial disclosures.
Woolworths. Founded by five Australian entrepreneurs in 1924, Woolworths is Australia's largest supermarket chain, boasting 1,076 stores across Australia. Woolies prides itself on being the 'Fresh Food People' by sourcing over 95% of fresh produce and 100% of fresh meat from Aussie farmers and growers.
As Australia's largest retailer, we depend on our teams across our stores, distribution centres and support offices to provide our customers with exceptional service, products and price. Our people are at the heart of our business and together, we are committed to ensuring Woolworths Group is a great place to work.
Berries are the top-seller. “The biggest sales category is berries by far, with the group selling 25 per cent more in sales than second place.
Woolworths is an Australian retail giant. Headquartered in Bella Vista, Sydney, it is the largest company in Australia in terms of revenue and the second-largest in New Zealand. It owns Woolworths Supermarkets, Everyday Rewards (customer loyalty program), and Big W (Discount Department Stores) in Australia.
Grocery retail market leaders in Australia
Australia's supermarket industry is dominated by four main companies, Woolworths, Coles, Aldi, and Metcash (IGA).
Top eCommerce stores in Australia
woolworths.com.au leads this market with revenues of US$4,226.2 million in 2022. Followed by coles.com.au with sales of US$2,554.5 million and then apple.com with sales of US$1,383.5 million.
Woolworths, Coles and Bunnings have been revealed as the biggest retailers over the past year as fresh data shows the way shoppers are spending their cash is changing.
As we can see, Woolworths is by far the larger company here. In fact, Coles is close to half the size of Woolies. In some ways, this makes sense. Woolies turned over more than $60 billion in revenues in FY2022, while Coles did two-thirds of that, with just under $40 billion.
The exclusive Compare The Market report shown to 9News found Coles had slightly cheaper prices than Woolworths, in a comparison of 44 everyday items found at both supermarkets.
The result may surprise some, but Woolworths has come through as the preferred supermarket. Not only have they been voted as the best, but the margin is high. Out of 26,800 voters, over 17,000 have claimed Woolies is the superior supermarket.
South African customers believe they receive great value from Woolworths. Its perceived quality score is at 87 and its perceived value score is at 80.6, both of which are above industry averages of 80.3 and 76.5 for perceived quality and perceived value respectively.
These strategies leverage our diversified foundation and competitive advantages, namely: diversity in category and geography; trusted, high-quality, and predominantly private-label brands; significant intellectual property and innovation capabilities built over decades; and market-leading sustainability credentials.
Price, quality, convenience, even something like Food Rescue and a brand that does good in the community. “There are a vast array of reasons why a customer picks a supermarket and indeed picks Woolworths.
1. MELBOURNE. Australia's capital city of shopping. One of the most popular shopping spots in the city is Bourke Street Mall.
Bunnings has remained top-of-mind for Australian consumers and is noted for its strong attributes when it comes to available anytime anywhere, value for money and a wide range of Products. Fellow retailers, Woolworths and Coles, round off the nation's top 3 strongest brands in 2nd and 3rd place, respectively.
Woolworths Group Ltd is the largest supermarket retailer in Australia. Woolworth Group Ltd. is the largest supermarket retailer in Australia. The group includes a number of well-known household brands, including BIG W, BWS and Dan Murphy's.
In financial year 2022, the Woolworths Group held the largest share of the grocery retail market in Australia, with a share of 37.1 percent. Woolworths' major competitor, the Coles Group, came in second with a little over a quarter of the market share.
Coles' supermarket earnings rose to $1.7 billion in 2022 compared with $1.19 billion in 2019, Woolworths' Australian food earnings rose to $2.42 billion in 2022 from $1.86 billion pre-pandemic, and Metcash's food earnings reached $200.3 million in 2022 compared with $182.7 million pre-pandemic.
A great example of this sort of hard-fought competition is the rivalry between Woolworths and Coles in the Australian supermarket space.
The 4 main retailers are Woolworths, Coles, Aldi and Metcash and account for over 80% of the total grocery market. The Woolworths Group is the market leader with a share of 37% of the market followed by Coles 28%, Aldi 10% and Metcash 7%.
The clothing and food divisions also provide a unique appeal that concentrates on the strong brand name to cater to the polarised nature of the market. The Woolworths Holding Limited (WHL) business model aims to offer superior quality at a lower cost than competitors which competitors find difficult to imitate.