Woolworths Ltd news

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-...

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...

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...

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...

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) ...

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...

Australia's market leading supermarket has launched a new local food sourcing initiative that will see it support more small to medium sized local companies and introduce more locally produced food to its shelves. Supporting local producers fits with range tailoring stratgey The first locally sourced products will start to arrive in Woolworths stores in late January, with the first being...