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Supermarkets to enjoy $9b sales boost as shoppers eat more at home

Sue Mitchell

After a bumper March quarter fuelled by panic hoarding, sales growth at Coles and Woolworths is expected to remain elevated for more than a year as consumers eat more at home.

Analysts say the coronavirus pandemic is likely to have a long-lasting impact on consumer shopping patterns. Even when pantry stuffing eases and stage-3 restrictions are lifted, cautious consumers are likely to cook more at home, order more online and keep their pantries better stocked.

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Sue Mitchell writes the fortnightly Window Shopping column for the Financial Review and has covered retailing for over 30 years. Connect with Sue on Twitter. Email Sue at smitchell2045@gmail.com

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    Original URL: https://www.afr.com/companies/retail/supermarkets-to-enjoy-9b-sales-boost-as-shoppers-eat-more-at-home-20200406-p54hf7