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Strategic outlook for Woolworths

An in-depth review of the retailer's current and future performance, including an update on its strategic priorities and what this means for suppliers.

Woolworths: data

See data on the retailer’s performance and forecasts for its operations by channel.

Latest News

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Australia is blessed with a strong economy and the latest results from the top two leaders, Woolworths and Coles, confirm shoppers’ spending ability. I visited Australia to see stores for the first time this year and got to all the latest flagship stores in Sydney and Melbourne. Which are the best stores in Australia? 

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Woolworths’ Group sales is up 5.7% to AUD64,294m and EBIT up 15.8% to AUD3,116m in FY23 for the period ended 25 June 2023. The stellar profit delivery is due to a more stable environment, higher sales and benefits of ongoing investments. According to CEO Brad Banducci, excluding direct COVID costs incurred in the prior year, Group EBIT increased by 3.4%. 1. Australian Food sales increased by 5...
Woolworths is trialing new security measures to prevent shoplifting at its supermarkets. Surveillance camera and gates The new security measure uses rooftop sensors to track customers as they leave self-checkout counters. If the sensors identify a shopper who has pretended to pay or is attempting to walk straight out, the gates will stay closed. It is an additional measure to reduce stock l...
Woolworths New Zealand is launching Milkrun delivery platform, which will deliver groceries within an hour. Faster than regular delivery The new service will deliver fresh flowers, hot chickens, sushi and cold milk, faster than normal supermarket delivery services which are typically next day. The retailer had been running a trial with friends and family and have delivered significantly bet...
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