Woolworths'
(ASX:WOW) supermarket sales growth slowed to its lowest rate in two years last quarter after its plastic bag ban.
The supermarket saw comparable sales growth of 1.8 per cent in the 14 weeks to September 30, for the same period last year – a 4.9 per cent growth was seen.
CEO Brad Banducci agreed it was a challenging quarter for sales, but said customer and brand metrics were strong across the group.
The figures were impacted by stopping the use of plastic carrier bags, and also competitor Coles implementing their miniature plastic toy products giveaway.
Shares in Woolworths'
(ASX:WOW) are trading 1.34 per cent higher to $28.81.
