Woolworths Ltd news

 
12 May 2014
The growth of Australia's online grocery market has been slow to take off when compared to many markets across Europe, however impressive growth is rapidly helping it catch up, with Woolworths leading the way. 50% year-on-year sales growth Woolworths is now able to deliver online groceries to 96% of Australian homes, with its online sales growing 50% in the third quarter of its financial year ...
08 May 2014
A quick review of this week's news from Woolworths in Australia, including a new TV advert promoting online grocery shopping, rumours that a decision to appoint a new media agency is imminent and a new product launch. New campaign promoting grocery online shopping Woolworths is running a new TV advert aimed at converting in-store shoppers to online shoppers. The advert uses the strapline 'save ...
30 April 2014
Woolworths has reported that Q3 sales increased 5.3% to AU$15,192m in the 13 weeks to 6 April 2014, with 'pleasing momentum' in Australian Food and Liquor demonstrating a continued focus on price and range. Australian Food and Liquor sales up 4.4% to AU$10,382m Despite Q3 this year excluding Easter, Woolworths still managed to increase Australian Food and Liquor like-for-like (LFL) sales by 2.9...
09 April 2014
The beauty retailer is reportedly looking to open its first standalone stores in Australia in 2015. Standalone stores will increase beauty competition Reports suggest that Sephora was planning on entering the market in partnership with department stores David Jones and Myer, however it has decided to go it alone. The premium cosmetics and fragrance market in Australia is estimated to be worth A...
25 March 2014
As part of a wider marketing reshuffle, Woolworths has appointed ex-Coles advertising executive, Tony Philips to the position of Chief Marketing Officer. Wider reshuffle will embed insight into marketing function Having spent the past seven years in various marketing roles with Coles, Tony Philips has switched to the retailer's main rival. The new position appears to fill the void left by direc...
14 March 2014
Woolworths has announced that it is to open over 100 new stores this financial year, creating just short of 7,000 new jobs. New stores across all major formats The new stores and jobs will be spread across all aspects of the retailer's Australian operation, including Woolworths Supermarkets, Dan Murphy's and BWS liquor stores, Big W general merchandise stores and Masters home improvement. Ju...
28 February 2014
Woolworths has released its H1 profits for the 27 weeks to 5 January 2014, with net profits after tax from continuing operations before significant items up 6.0%. Australian Food, Liquor and Petrol EBIT up 6.7% to AU$1,766m EBIT for food and liquor increased 6.8% to AU$1,692m and for petrol 4.2% to AU$74m. During the half Woolworths served on average 21m customers a week, up 3.9% YOY. Customers...
11 February 2014
As we launch a new hypermarkets and supermarkets hub page and insight presentation, we report on three strategies being used to drive growth at hypermarkets and supermarkets. 1. New ways to define value A number of retailers globally are finding that value-focused large formats are hitting a growing sweet spot with shoppers. From the growth of the atacadista format in Brazil from Casino and...
06 February 2014
Australian retailer Woolworths announces H1 sales from continuing operations of AUS31.8bn, an increase of 6%.  Improved performance in Food and Liquor A results highlight was an improved performance for the Food and Liquor division, which saw sales grow 4.8%. Alongside a successful Christmas trading period, the 'More Savings Every Day' program has played an important role,  resonating wi...
31 January 2014
Whether it be new promotions, the launch of retailer radio stations or new supplier deals, read on to get a quick round up of this weeks news from Australia. New battleground for promotions being drawn? As predicted in our 'Australia in Focus: Six Trends for 2014' article , both Coles and Woolworths have started to redirect capital freed up from not running fuel docket promotions into new me...