Woolworths Ltd news

 
26 October 2015
Woolworths is to scrap its Everyday Rewards loyalty programme and replace it with a new scheme that allows shoppers to get money directly off their shopping. Introducing the all new Woolworths Rewards The new scheme will be called Woolworths Rewards and will launch on 28 October. The new system is not a points-based reward programme. Instead members will collect Woolworths Dollars when t...
21 October 2015
Woolworths has replaced its 'Cheap Cheap' price campaign with an initiative called 'Always at Woolworths'. Shifting more towards an EDLP message Woolworths is investing AU$500m in lower prices in order to re-establish a stronger price perception amongst shoppers. It will hope that its new flagship campaign, that focuses more on promoting every day low prices on hundreds of popular prod...
30 September 2015
The Australian online grocery market is expected to be worth AU$5.8bn in 2020 – over twice its current value of AU$2.6bn. 4.1% of grocery sales in 2020 will be online Although retailers downunder have been slower than in other developed market, such as the UK, Japan and France, to push the growth of online grocery retailing, Australia already punches above its weight on a global scale. ...
14 September 2015
Managing director of Woolworths Food Group, Brad Banducci has reportedly set out seven new measures for Woolworths supermarkets, to help improve the in-store shopping experience. Seven factors consider the whole in-store experience Woolworths is assessing its stores under new metrics as part of what the retailer calls the 'voice of the customer. Each store will be tracked against seven ...
28 August 2015
Woolworths has revealed sales of AU$60.7bn for the 52 weeks ended 28 June 2015, down 0.2%, or up 2.5% excluding petrol. Chief executive Grant O'Brien said sales and profit were in line with the previous year but below its own expectations. Woolworths also announced the appointment of Gordon Cairns as chairman, effective as of 1 September. The search for a new chief executive is ongoing. ...
14 July 2015
The competitive environment in Australia is certainly heating up, with the big two retailers coming under increasing pressure from Aldi. In the article below we summarise some of this week's key developments. Aldi unveils local sales and profits Aldi has come under accusation recently that it is not paying enough tax in Australia, however earlier this week the retailer hit back publishin...
09 July 2015
Both Coles and Woolworths have made further changes to their liquor and supermarkets teams respectively, as both try to re-instigate growth in these divisions. Two new senior appointments at Coles Liquor Coles continues to rebuild its liquor management team. Having appointed Cathi Scarce as the GM of Coles Liquor Group in March, Coles has now appointed Andrew Griffiths as General Manager ...
02 July 2015
According to reports in the local press, Woolworths is to sell off its premium format Thomas Dux stores. Network of 10 premium format stores Woolworths currently operates 10 of these stores, having acquired the Macro healthy living chain of stores and converted them to this banner. All the stores are focused in urban locations and have a premium skew to their look and feel and ranges. ...
17 June 2015
Woolworths CEO and managing director, Grant O'Brien, has decided to retire from the company following 28 years service. Plus, the retailer has released a trading update and confirmed that its strategic plans will impact on FY15 profitability. CEO retires but strategic priorities remain unchanged Woolworths has experienced what it describes as 'disappointing and below expectations' sale...
15 June 2015
Woolworths and eBay have announced a further roll out of their joint Click & Collect offer, originally launched in February this year. Collection points to be expanded to stores in Melbourne The Click & Collect partnership, named 'Simply Collect', was initially launched in 90 stores in NSW and Tasmania and has quickly grown in popularity, going from 250 users after two months, to over 1...