Woolworths Ltd news

 
22 February 2023
A strong Christmas season, focus on shopper experience and restoration to normal trading rhythm helped drive Woolworths Group F23 H1 sales by 4.0% to AUD33,169m (US$22,664m). EBIT grew 18.4% due to reduction of COVID-related costs in the prior year. Australian Food: H1 total sales up 2.5% Woolworths Food Retail (which consists of stores and ecom) sales increased by 2.4% to AUD24,196m (US$16...
26 January 2023
MyDeal marketplace, acquired by Woolworths Group six months ago, has been integrated into Woolworth’s loyalty scheme. Getting more for loyalty Everyday Rewards has over 13m Australian shoppers using the free card to access the loyalty programme. They earn one point per AU$1 spent at a variety of retailers. At Woolworths and BIG W, Every Rewards members enjoy a AU$10 (US$7.20) discount on a ...
20 January 2023
Woolworths has decided to close 250 of its 300 in-store butchers. Move to more convenient options Butchers account for just 4% of meat sales as shoppers prefer more convenient pre-packed options. The majority of stores will soon only offer pre-packaged meat products, following a deline in demand for in-store butchers. In the stores where both butchers and pre-packaged meat options are avail...
19 January 2023
Cartology, Woolworths’ standalone retail media business, is adding a new network of digital screens across Woolworths Metro stores. Reaching more shoppers With the new additional screen, brands will reach Metro shoppers across 90 physical stores in the city and neighbourhood environments. Woolworths Metro stores offer a localised shopping experiences for shoppers across CBD and highly traff...
19 December 2022
Woolworths Group Ltd will acquire a 55% stake in Petspiration Group with funds from a 5.5% stake sale in alcohol retailer Endeavour Group. Reducing stake in Endeavour Group Woolworths spun off Endeavour Group in mid-2021, retaining just 9.1% of the business. The decision to reduce its stake came shortly before it announced its intention to buy the pets business.   New avenues of growth ...
05 December 2022
Woolworths' Metro60 service will offer a Santa and a photographer with groceries delivery for a limited period. How does it work? The service is available in limited suburbs in Sydney and Melbourne this week Shoppers need to spend a minimum delivery order of AUD20 (US$14) and opt in by using a promo code SANTA A photographer, a Santa and their groceries will be deliv...
03 November 2022
Woolworths Group Q1 F23 sales is up 1.2% to AUD16,583m (US$10,549m) but food businesses sales are below the prior year. Australian Food sales declined despite higher prices Australian Food is down 0.5% to AUD12,204m (US$7,763m) while like-for-like sales declined by 1.1%. Average prices increased 7.3% compared to Q1 F22. There is a double-digit inflation in fruit and vegetables driven by inc...
02 November 2022
Woolworths is launching a series of price promotions for the festive season. Different mechanisms for saving money Woolworths is helping Australians save money through different discount programmes this Christmas: Prices frozen for Christmast essentials: Woolworths half leg ham, WA rock lobster, cooked Australian tiger prawns, Woolworths 500 grams pavlova base, Maggie Beer gravy, and ...
20 October 2022
More than 13m Woolworths shoppers in Australia have a free Everyday Rewards card. The new programme charges a subscription fee for more benefits. Everyday Extra Rewards for extra savings Everyday Rewards members earn one point per AUD1 (US$0.62) spent at Woolworths and BIG W. They get a AUD10 (US$6.28) discount on a future shop for every 2,000 points earned. To become an Everyday Extra memb...
07 October 2022
Both Coles and Woolworths have launched campaigns to help shoppers save money despite inflationary pressures. Coles "dropped & locked" prices Coles has added more "locked" price stickers at its supermarkets, with prices of 150 household products kept stable until 31 Jan 2023. These prices have been dropped 10-40% before locking. Leah Weckert, Coles' Chief Executive of Commercial and Express...