Woolworths Ltd news

 
20 January 2016
Woolworths has appointed Dave Chambers as the new managing director of Progressive Enterprises in New Zealand. Chambers returns to previous role after one year in Australia Chambers will return to New Zealand having previously headed up Progressive Enterprises from 2001 to January 2015. Chambers will move from his current role as Director of Woolworths Supermarkets in Australia, taking o...
19 January 2016
Woolworths has announced that it plans to sell or close its Masters hardware chain, whilst Coles' parent Wesfarmers has announced the international expansion of its Bunnings hardware chain. Sale of Masters due to losses and challenging outlook Masters was established in 2011 as part of a joint venture with US hardware chain Lowe's and has grown to 58 stores. However, following continued ...
16 December 2015
Woolworths has renewed partnership with Qantas for their loyalty programme, just months after ending ties with the airline. More points on fresh produce The new agreement replaces the old tie-up under which card holders earned one Qantas Point for every dollar above A$30 spent at Woolworths. The new deal will allow members of the Woolworths Rewards and Qantas Frequent Flyer programmes to...
18 November 2015
Australia's leading grocery retailers have launched their Christmas advertising campaigns, with three very different TV advertisements targeted at winning shoppers this festive season. Woolworths rely on family appeal and social media The first Woolworths advertisements feature six families explaining how they celebrate Christmas. The campaign called 'Make it Famous'  focuses firmly on ...
29 October 2015
Woolworths has reported a 3.6% sales decline to AU$12,395m for its Australian food, liquor and petrol division over the 14 week period to 4 October 2015. However, supermarket sales in New Zealand were more encouraging, growing 3.9% to NZ$1,559m. Australian food and liquor sales up 0.4% to AU$11,064m Like-for-like (LFL) sales in the quarter declined 1.0%, with store openings including; s...
26 October 2015
Woolworths is to scrap its Everyday Rewards loyalty programme and replace it with a new scheme that allows shoppers to get money directly off their shopping. Introducing the all new Woolworths Rewards The new scheme will be called Woolworths Rewards and will launch on 28 October. The new system is not a points-based reward programme. Instead members will collect Woolworths Dollars when t...
21 October 2015
Woolworths has replaced its 'Cheap Cheap' price campaign with an initiative called 'Always at Woolworths'. Shifting more towards an EDLP message Woolworths is investing AU$500m in lower prices in order to re-establish a stronger price perception amongst shoppers. It will hope that its new flagship campaign, that focuses more on promoting every day low prices on hundreds of popular prod...
30 September 2015
The Australian online grocery market is expected to be worth AU$5.8bn in 2020 – over twice its current value of AU$2.6bn. 4.1% of grocery sales in 2020 will be online Although retailers downunder have been slower than in other developed market, such as the UK, Japan and France, to push the growth of online grocery retailing, Australia already punches above its weight on a global scale. ...
14 September 2015
Managing director of Woolworths Food Group, Brad Banducci has reportedly set out seven new measures for Woolworths supermarkets, to help improve the in-store shopping experience. Seven factors consider the whole in-store experience Woolworths is assessing its stores under new metrics as part of what the retailer calls the 'voice of the customer. Each store will be tracked against seven ...
28 August 2015
Woolworths has revealed sales of AU$60.7bn for the 52 weeks ended 28 June 2015, down 0.2%, or up 2.5% excluding petrol. Chief executive Grant O'Brien said sales and profit were in line with the previous year but below its own expectations. Woolworths also announced the appointment of Gordon Cairns as chairman, effective as of 1 September. The search for a new chief executive is ongoing. ...