Woolworths Ltd news

 
08 April 2015
Strong price and promotions activity in Australia's grocery market is nothing new, however there is increasing concern that the market is heading towards a full on price war. So what can the industry learn from other markets? To date volume growth has remained strong Price deflation has become part of the market in recent years in Australia as both Woolworths and Coles have continued to dri...
27 March 2015
Following a period of relative stability amongst senior management in Australia's grocery market, we have started to see some significant job changes over the past few weeks... Metcash loses CEO Supermarkets The Metcash CEO Supermarkets, Fergus Collins, has decided to leave the company after 13 years of Service. Collins was appointed to his current position in December 2013, as part of inco...
13 March 2015
Australia's market leading grocer has been developing an Apple Watch app that will be available to users of the device when it launches on 24 April. Watch app will take existing expertise to the next level Woolworths has been given early access by Apple to launch the new app via its watch, although it is yet to comment on what features will be included. During Apple's Spring Forward event i...
27 February 2015
Australia's leading retailer has reported sales of AUD32.4bn for the first half of FY15, an increase of 1.8% (+3.4% excluding petrol). Investing in Australian Supermarkets business to restore momentum Woolworths said, in its results announcement, that it was not satisfied with sales performance. In the Australian Food, Liquor and Petrol business promotional programs were not as successful a...
24 February 2015
Australia’s leading retailer has partnered with eBay to offer more click and collect options for online shoppers. Online alliance to drive in-store foot traffic More than 90 pilot Woolworths and BIG W stores will offer product collection points for online shoppers under click & collect deal with eBay. By May 2015 it is expected that 250 eBay merchants will be able to offer collection at Wo...
12 February 2015
After Costco opened its flagship store on Alibaba's Tmall, a few other retailers have followed suit. Countdown from New Zealand and Fresta from Japan have opened their stores on Tmall and E-Mart from Korea is also planning its store opening. Countdown's Tmall store Operating 160+ stores in New Zealand, Countdown is part of Woolworths and this is their first attempt to break into the Chinese...
09 February 2015
Woolworths has partnered up with the Australian Olympic team as its official sponsor for the next games in Rio in 2016. Highlighting the benefits of fresh nutritious food The deal will see Australia's largest supermarket sponsor Team Australia in the build up to next years games and through to the end of 2016, with Woolworths and members of the squad taking part in a number of events togeth...
26 December 2014
We showcase some of the favourite stores we have visited during 2014, what's great about them and what inspirations retailers and suppliers can take from them. Here, our analysts have chosen five that show larger formats at their best. Morrisons, Crawley, UK Chosen by: Nick Gladding, Senior Retail Analyst - UK What's great about this store? Crawley is the first new build Morrisons...
17 December 2014
Australian retailer Woolworths has secured two sites in Melbourne for its new convenience store concept, local press reports. Attracting urban shoppers Woolworths' move into the convenience channel has been long awaited; last year the retailer registered the trademark "Woolworths Local", and just weeks ago in October there were reports that Woolworths was searching for locations to open a n...
03 November 2014
Sales for the Australian retailer grew 3% to AU$15.7bn in the first quarter, with the food and liquor divisions performing more weakly than anticipated. However, CEO Grant O'Brien remains confident of improvements in Q2. Trading conditions and promotion cycles impact Food and Liquor The Australian Food and Liquor division delivered growth of 3.9%: following a strong start to the quarter in J...