Woolworths Ltd news

 
27 November 2019
Alimentation Couche-Tard has submitted a AU$8.6bn (US$5.8bn) bid to purchase Caltex Australia. Caltex battling profit downturn The Alimentation Couche-Tard offer is subject to board approval and follows another offer that was made in early October and rejected. Caltex has been repurposing its business in Australia due to a significant downturn in profit margins and already plans to look to ...
27 November 2019
Countdown is set to open New Zealand's first darkstore in Auckland in April 2020. Increased capacity for Auckland shoppers The retailer will open its first online dedicated fulfillment centre in response to growing demand for the service. Countdown has been rapidly growing its online sales in recent years, announcing that it now accounts for 7.7% of sales in recent results. The facility wil...
13 November 2019
Woolworths and Caltex have opened their first new petrol forecourt store in Sydney. New look Woolworths petrol offer The first store at North Ryde in Sydney is the first of 250 that the retailer plans to roll out across Australia. The new stores will look to upgrade the convenience offer on Caltex forecourts, with around 1,000 SKU's offering food-for-now and food-for-later solutions, everyd...
11 November 2019
Woolworths launched a new convenience format at the start of November called MetroGo, we assess the concept and what it could mean for the market. What is MetroGo? The new format, at just 50 sq m, is a smaller version of its Metro stores that it has been rolling out over the past few years. While these Metro stores have been focused on servicing a mixture of neighbourhood and CBD locations,...
30 October 2019
Woolworths and Coles have both posted their respective Q1 results, with: Woolworths' sales up 7.1% to AU$15,903m for the 14 weeks ending 6 October 2019 Coles' sales up 1.8% to AU$8,695m for the 13 weeks ending 29 September 2019 Woolworths: strong momentum building Australian Food sales up 7.8% to AU$10,663m, with LFL sales up 6.6%.  Sales were driven by transaction and items per...
30 October 2019
Both Coles and Woolworths have thrown their shoulder behind their liqour operations this week, appointing new leaders of their respective businesses, both who will start in early 2020. Morrisons exec with 25 years international experience joins Coles Darren Blackhurst will reportedly be taking up a lead role at Coles in Australia. Blackhurst joined Morrisons in the UK in 2015 as Group Comme...
29 October 2019
Woolworths is the first Australian retailer to partner with US firm Loop. Loop influence quickly spreading globally Loop is the first global platform to partner with major brands and retailers including Procter & Gamble, Unilever, PepsiCo, and Nestlé to offer shoppers re-usable packaging. Launched in New York and Paris in May this year, in partnership with retailers such as Kroger, Walgreen...
20 September 2019
Woolworths has launched a revamped subscription service for online grocery deliveries in Australia. Flexible subscription will appeal to different customers The new service, called 'Delivery unlimited', allows subscribers to get free deliveries for their online groceries, as long as they spend over AU$100 on each order. Currently Woolworths deliveries cost up to AU$15 for orders under AU$10...
29 August 2019
Woolworths has released annual results for FY19 with sales from continuing operations up 3.4% to AU$59,984m, but EBIT including significant items from continuing operations down 9.6% to AU$2,353m. Australian food sales up 3.3% to AU$39,586m Sales grew 3.1% on a LFL basis, while EBIT was up 3.8% to AU$1,857m. Sales growth was driven by a 1.8% growth in transactions and an increase in items p...
07 August 2019
Woolworths has partnered with Takeoff Technologies to test its automated micro fulfillment technology in three locations. Test to start in the next 12 months before potential further roll out The implementation of the automated sites will take place within the next 12 months, with Woolworths hoping that the trial will help it both meet the growing demand for online grocery orders, but also ...