Australia news

28 October 2020
The retailer’s sales hit AU$9,607m in the first quarter of FY21, with significant online growth and changes to its digital marketing capability a highlight. Supermarket sales up 9.8% to AU$8,464m Supermarket LFL sales grew 9.7% with the results skewed by the varying degrees of COVID-19 restrictions across the country. Growth was highest in Victoria, and to a lesser extent in New South Wales...
24 September 2020
As Woolworths in Australia continues to drive digital innovation in its business through its X functions, we round up four of its latest developments... New digital, media and creative hub Woolworths will move its WooliesX and BigWX functions, media business cartology and creative agency Greenhouse, powered by M&C Saatchi, into a new building on Sydney's Elizabeth Street in Surrey Hills. Th...
24 September 2020
Woolworths (South Africa) has released full year results for the 52 weeks ending June 2020 that showed turnover fell by 1.2% to ZAR72.2 bn (US$4.3 bn). It noted its 2019 financial year had benefited from being a 53-week year. Underlining the challenging nature of the year, the retailer reported a 54.5% fall in adjusted profit before tax to ZAR2.2 bn (US$129.6m). COVID-19 had ‘ significant impa...
23 September 2020
Coles has announced a new partnership that will see it source 90% of its energy in Queensland from renewable sources. Second 10 year renewable energy deal The retailer has signed a 10 year deal to team up with CleanCo, a state-owned clean energy provider. Power for 75% of the retailer's business in Queensland will come from Australia's largest solar farm (once built) and one of the largest ...
14 September 2020
Amazon has partnered with Australian department store chain Myer to introduce its Amazon Hub parcel collection service in Myer’s stores. Hub counters in 21 stores The Amazon Hub parcel pickup points will be rolled out to 21 of Myer’s stores. The service allows Amazon customers to select a Myer store location as their delivery location upon checkout for delivery to an Amazon Hub location. On...
14 September 2020
Woolworths has shaken up its senior executive team in a move what it described as 'supporting its evolution into a food and everyday needs ecosystem'.  New leadership for Woolworths Supermarkets The current managing director of Woolworths New Zealand, Natalie Davis, will return to Australia and become the new Managing Director of Woolworths Supermarkets. Davis has led the business in New Ze...
08 September 2020
Tesco and leading Australian variety discount retailer, the Reject Shop, have teamed up to sell the British retailer's private label products in Australia. Three year deal... Like many retailers, in recent years Tesco has been looking to grow revenue from leveraging the brand equity of its private label products through partnering with retailers in non-competing markets. The UK market leadi...
08 September 2020
Woolworths in Australia has launched a new B2B online platform called 'Woolworths at Work'. Dedicated platform tailored to business needs The retailer confimed that there were plans for a new B2B operation in the pipleline a few months ago  and has now opened the Woolworths at Work website . The service will look to target business customers and offer them a new solution for their everyda...
27 August 2020
Woolworths has published its FY20 results for the year ending 28 June 2020, with group sales up 8.1% to AU$63,675m, but EBIT down 0.4% to AU$3,219m due to the impact of COVID-19 in H2. ‘Devastating impact of COVID-19’ In the second half of the year Woolworths' sales and EBIT were heavily influenced by the global pandemic. The shopping experience and sales patterns were particularly impacted...
26 August 2020
Aldi in Australia has made a significant announcement that it plans for 100% of its operations to be powered by renewable energy by 2021. All operations to adopt renewable energy Aldi will use a combination of solar and wind to power its operations beyond 2021. The retailer has sign two 10 year deals with wind farms that will provide power for all of its stores in NSW and Victoria. It will ...