Woolworths Ltd news

 
16 September 2013
Woolworths is considering launching a new retail brand called 'Woolworths Local', designed to further strengthen its relationship with local communities, suppliers and Australian Farmers. New brand, trademark and domain name... Press reports in Australia say that Woolworths has created marketing imagery for a new brand called 'W Local', registered 'Woolworths Local' as a trademark and also se...
04 September 2013
Woolworths has announced that it will be investing AU$3m in a new deal that will see it source all of its own brand deciduous canned fruit from Australia. Increasing 'Australian grown' penetration in canned fruit The new deal will ensure that all Woolworths private label canned apples, pears, peaches and apricots will be Australian grown and supplied by its existing largest supplier of ca...
02 September 2013
Australia's market leading retailer has announced that it will increase its capital investment next year, with a stronger focus on how it uses data to grow sales. Half of capital expenditure to be invested in 'Big Data' In its 2013/14 FY Woolworths will increase capital spending from AU$1.3bn to $1.5bn, with almost half of this invested into better tools to understand shopper trends and drive...
30 August 2013
The Australian retailer reports 6.1% growth in net profit after tax on continuing operations (on a normalised 52 week basis), laying solid foundations for sustainable growth in the future. Triple-fold benefit from this strong performance Woolworths' managing director and CEO Grant O'Brien outlined "the result reflects the underlying strength and resilience of each of our businesses and ou...
30 August 2013
Woolworths has published a report that shows how Australia's grocery shopping habits have changed over the past 25 years. The report entitled 'Woolworths Trolley Trends' shows how Australia has become a more cosmopolitan community with a greater preference for global flavours and changing habits as to how people eat and spend their money. Key findings include: 1. The BIG weekly shop is dead ...
26 August 2013
Woolworths has confirmed that it is to acquire New Zealand-based direct-to-customer retailer EziBuy for NZ$350m. Ezibuy: a leading direct-to-customer non-food business Ezibuy is a leading direct-to-customer retailer of apparel and homeware in Australia and New Zealand, operating via its online platform and catalogue businesses. Having established itself in New Zealand in 1978, today it has a ...
12 August 2013
Woolworths has opened a new food emporium style small format store at Brisbane's Hamilton Harbour, featuring concepts and ranges tailored for city living. Smaller format designed for city living The new store at Hamilton Harbour is just over 1,100 sqm and both signals the retailer's desire to open smaller format stores in urban areas, but also its growing focus on its strategy to better tailo...
30 July 2013
In an upbeat announcement of its full year results, Woolworths reports operating sales of AUS $58.5bn, increasing 4.8% on the previous year, adjusting for the 53rd week of sales. 'Strategic Priorities' starting to bear fruit The retailer's sharpened focus on its core businesses and implementation of Strategic Priorities underscored sales growth in a period of consumer uncertainty and low ...
17 June 2013
Woolworths' chief executive Grant O'Brien has put his backing behind strengthening the retailer's capability to deliver ready meal solutions, supporting both the changing needs of customers but also the retailer's increasing focus on smaller urban formats. Vertically integrated facilities to deliver new ready meal ranges The Australian reports that Woolworths plans to build several factories ...
17 June 2013
Australia's market-leading grocery retailer has announced that it is to open its first 24 hour full sized supermarket in Queensland, close to Brisbane Airport. Mix of customers to benefit from longer opening hours The supermarket at Brisbane Airport's Skygate retail precinct will begin trading around the clock, seven days a week on 1 July. Woolworths has chosen this store as its first Queens...