Woolworths Ltd news

 
29 May 2013
Following continued price cutting by main rival Coles, Australia's market leading retailer has moved to cut the price of hundreds of family essentials across its stores. 'Every Day Value' on family essentials The new campaign called 'Every Day Value' sees the retailer introduce price reductions on customers' most popular products, with some lines seeing reductions  of up to 33%. Woolworths ...
16 May 2013
Australia's market leading grocery retailer has installed a convenient Click & Collect location at Australia's second busiest airport. Walk-in or drive through service available The concept is located outside the airport next to a new public pick up lane.  Woolworths hopes that passengers returning from trips will be able to order fridge and pantry essentials up to a week in advance of their ...
14 May 2013
Woolworths has declared its rollout of iPads to its store managers a success, with the initiative allowing them to spend an extra working day every week on the shop floor. Technology enabling more time in customer facing roles In August 2012, the retailer issued all of its 890 store managers with iPads, enabling them to free up time traditionally spent in the backroom in front of a computer a...
12 April 2013
Woolworths has reported third quarter sales for the 13 weeks to 31 March 2013, with sales fromcontinuing operations up 5.7% to AU$14,432m. Its Supermarket Division saw sales continue to grow well, up 5.0% to AU$12,817m. Australian Food and Liquor sales up 5.6% to AU$9,945m Like-for-like (LFL) sales growth in Australian food and liquor continued to recover, increasing 3.8%, compared to 2.4%...
08 April 2013
Woolworths has launched a new beauty department in its flagship Town Hall store in central Sydney. New beauty bar, dedicated staff and free treatments On our last visit to Woolworths Town Hall store the work for the new concept was underway and this week sees the launch of a new beauty category for Australia's market-leading retailer. The new beauty department features a unique store-in-...
27 March 2013
Last week we examined how retailers in Australia are creating formats that are strengthening multi-channel competition. However, moving from the macro environment and drilling down further, retailers and suppliers are progressively starting to evolve their strategies to become shopper and insight led, with differentiation a word that we are increasingly hearing. An area we are likely to see i...
21 March 2013
With the changing dynamics of an increasingly competitive and unique grocery market, Australian retailers continue to drive strong growth, relative to their counterparts in other developed nations. However, despite a highly concentrated network of supermarkets, there remains much headroom to sweat more from existing bricks and mortar assets across all channels. International retailers creati...
28 February 2013
Woolworths has released its half year results for the period ending 31 December 2012, with group EBIT for continuing operations up 6.1% to AU$1,934.7m and net profits after tax for continuing operations before significant items up 5.5% to AU$1,247.2m. All business divisions contributed to EBIT growth with Australian and New Zealand supermarkets' EBIT growth recorded at 6.0% and 8.9% respect...
31 January 2013
Woolworths has released half year sales for the 27 weeks to the 30 December up 3.2% to AU$30,679m, with sales for continuing operations up 4.8% to AU$30,037m. Its supermarket division continues to grow well with sales up 3.7% to AU$26,194m. Australian Food and Liquor shows steady progress Australian Food and Liquor sales for the half were up 4.7% to AU$20,488m, with like-for-like (LFL) ...
18 January 2013
Woolworths has moved to double the discount it offers on fuel, matching a similar offer which Coles currently has in place, but also offering a few extra hidden benefits.  Customers can start saving today Woolworths is doubling its popular fuel discount from 4c off a litre to 8c off a litre. However, in what it claims to be an industry first, it is backdating the savings to customers who...