Woolworths Ltd news

 
02 July 2020
Woolworths has responded by rolling out increased online capacity in the state of Victoria, after a spike in demand of 40% over the past week. Thousands of new online slots for Victoria The surge in demand followed the news that Coronavirus cases in Victoria continued to grow. In response, Woolworths said that it was rolling out dozens of new delivery vehicles and making thousands of more s...
02 July 2020
Coles and Woolworths in Australia have decided to reinstate buying limits on toilet roll and paper towels after a surge in demand. Reacting quickly is vital to manage stock flow Coles was the first of the two major retailers to lift all of its buying restrictions a few weeks ago, followed by Woolworths shortly afterwards. However, the recent demand has led Coles to restrict buying to one pa...
22 June 2020
Woolworths has restructured the leadership of its commercial team, creating two roles that will allow it to capitalise on future growth opportunities. One buying director for Supermarkets business Woolworths currently has two buying directors; Peter McNamara who heads up packaged goods and Paul Harker who leads the fresh food team. Under the new structure, Harker will be the retailer's prim...
15 June 2020
Woolworths Australia is making some significant changes to how it uses plastics in its produce department. New and reduced packaging across multiple products The retailer is looking to reduce the amount of plastic trays and plastic packaging that it uses across its fruit and vegetables category. Some of the initiatives include using adhesive tape on bunches of products such as bananas, repl...
04 June 2020
In reaction to the Coronavirus (COVID-19) pandemic Australian retailers have implemented lots of measures to ensure that everyone has access to the food and consumer goods products they need - we will continue to update this article with the latest measures... Saying thank you Woolworths has announced that it will reward over 100,000 staff with over AU$50m of free company shares and gift...
11 May 2020
Woolworths has launched a mobile app for its Rewards loyalty scheme. Bonus points and personalised offers Woolworths Rewards has over 12m members in Australia and members will now be able to download a smartphone app from either the Apple or Google Play Store. The app will allow members to activate bonus point offers, discover personalised special offers, as well as check their points balan...
30 April 2020
Woolworths has released Q3 results for the 13 weeks to 5 April 2020, with sales up 10.7% to AU$16,495m (US$10,797m) and positive growth across all continuing operations. Despite a slow start, the coronavirus pandemic drove a surge in grocery demand and boosted its sales for Q3. Australian Food up 11.3% to AU$11,171m (US$7,312m) Like-for-like (LFL) sales increased 10.3%, benefiting from pant...
22 April 2020
Woolworths has doubled its capacity for online grocery deliveries in response to the Coronavirus (COVID-19) outbreak. Preparing for lasting increases to online sales An additional 5,000 third-party couriers will join Woolworths' 800 delivery trucks to deliver online orders to homes. This will enable the retailer to offer more delivery windows from the end of this week. A new temporary 7,000...
16 April 2020
Coundown has launched its first darkstore in Auckland, helping the retailer meet the growing demand for ecommerce in the country's largest city. New centre will meet rapidly growing demand Even before the Coronavirus (COVID-19) surge in demand for online grocery deliveries, New Zealand was experiencing some rapid growth in the online channel. The new 8,800 sq m darkstore in Penrose will hel...
25 March 2020
Woolworths Australia has announced that it is to delay the demerger of its Endeavour Drinks business until 2021. Uncertainty puts demarger on hold The business was meant to be demerged in-mid 2020. However, with financial markets struggling and the business being forced to close all hotels in the wake of forced shutdown due to Coronavirus, CEO Brad Banducci has been left with no option but ...