Supermarkets’ liquor sales to slow: Citi

 In Australia, Coles, NewZealand, Woolworths
Both Woolworths and Coles will report a slowdown in comparable liquor sales for the fourth quarter of the 2012-13 financial year, analysts have forecast.

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Citi analysts led by Craig Woolford forecast Woolworths Food & Liquor’s comparable store sales to grow 2.7 per cent in the fourth quarter ended June 31, compared with 3.1 per cent growth in the third quarter (Easter-adjusted). The Shout – Read More.

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