Woolworths Ltd news

 
16 January 2017
Woolworths has announced that Claire Peters is to become the new Managing Director of Woolworths Supermarkets, effective 1 July 2017. 20 years experience in operations and commercial Claire Peters will report to Woolworths CEO, Brad Banducci and oversee the full operation of Australia's largest supermarket network - with 992 stores. Her role will be responsible for carrying on the turnaroun...
11 January 2017
Woolworths has introduced a new online portal called 'Supplier Connect' to provide its suppliers with better information on shopping habits. Shopper data, supplier performance and engagement information The new portal was introduced in October last year and provides enhanced shopper data from Woolworths' partner Quantium, allowing Woolworths and its suppliers to analyse data and deliver cus...
05 January 2017
Australia's market leading grocer has sold its petrol operation to BP for AU$1.8bn (US$1.3bn). New deal will retain fuel vouchers and test new c-store partnership After months of speculation, Woolworths has confirmed that BP will acquire the 527 petrol stations and 16 sites under development from the retailer. The petrol sites that are currently supplied by Caltex Australia will gradually b...
29 December 2016
With our team of analysts visiting over 20 countries in 2016, we’ve identified the top stores you should visit in the year ahead to see some of the key trends shaping format development in the sector. Here’s our final instalment of a three-part series. Click to view part 1 and part 2 . China: Easy Carrefour, Gonghe, Shanghai Carrefour China introduced Easy Carrefour, a new neighbourhood...
29 November 2016
Woolworths has partnered with Australia Post to install parcel collection lockers in 500 stores. Lockers will start appearing this year... The 24/7 parcel lockers will appear in Woolworths stores over the next five years, starting with five pilot stores in December 2016. The supermarkets that will first feature the lockers will be in Carnegie, Glen Huntly, Mentone and Northcote in Victo...
11 November 2016
Australian retailer Woolworths has opened the first of its “next generation” stores, featuring expanded fresh food sections and an increased health range. Focus on health and fresh The store reopened at Warringah Mall on Sydney’s Northern Beaches, after a multimillion-dollar upgrade, and it offers a more modern and convenient shopping experience. The supermarket says customers’ health wi...
28 October 2016
Woolworths in Australia has launched a range of new 'phantom brands', exclusive to the retailer, but without any Woolworths branding. Brands stretch across numerous categories Woolworths has developed the new brands using customer insights and said that some customers preferred to not have the retailer brand on the products they bought. A whole range of new products have started appearin...
28 October 2016
Woolworths has released its Q1 2017 results, with sales growing 1.0% to AU$15,333m and an improving picture in its Australian food operations. Australian food sales up 1.7% to AU$9,321m Woolworths food operations have recorded a resurgence in performance, with LFL sales growing 0.7% in the quarter. This is a considerable improvement when you consider that Woolworths' food division didn't...
03 October 2016
Woolworths has confirmed that it is assessing the future of its network of over 500 petrol sites across Australia. Three companies in running for business The retailer has confirmed that it has received incomplete and conditional proposals from a number of parties related to the sale of the business. Press reports in Australia say that the parties involved include BP, Vitol and Caltex...
25 August 2016
Australia's market leading retailer has reported that its FY2016 sales declined 1.2% to AU$58,086m, with EBIT (before significant items) also down 35.5% to AU$2,564m. Australian Food sales down 0.2% to AU$34,798m Woolworths Australian supermarkets recorded a 1.3% decline in like-for-like (LFL) sales in FY2016, driven by both significant price investment, but also a decline in items per ...