Woolworths Ltd news

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...

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...

On the back of an announcement that Woolworths is to invest in Victoria, the retailer is also set to be the first major grocer to sign the governments new grocery code of conduct. AU$500m to be invested in Victoria over three years Around AU$350m of this sum is expected to be invested in a new semi-automated grocery distribution centre in south east Melbourne, which is due to open in 20...

A week after CMO Tony Phillips left Woolworths, the retailer has now confirmed that Jess Gill, director for customer, brand and format has left the business. New CMO to oversee both roles Gill joined Woolworths in September 2013 and moved to her current role last year, having been general manager of marketing for supermarkets. Her departures marks the second big casualty from Woolworths'...

Woolworths has invested in Australian online beauty retailer, Adore Beauty, buying a 25% stake in the company that started trading online 15 years ago. Growing capability and capacity in premium beauty Adore Beauty is a leading premium beauty e-tailer, selling over 8,000 products from 140 local and international brands and has tripled in size over the last three years. Now with the backin...

After just over a year in the role, Woolworths has confirmed that its Chief Marketing Officer, Tony Phillips has left the retailer. New interim CMO until permanent replacement is found Tony Phillips, who joined Woolworths from main rival Coles in March 2014 , has left the retailer as part of what is believed to be a restructure. Woolworths reported a disappointing performance in its Q3 ...

Alibaba's B2C e-commerce site Tmall is cooperating with international retailers to bring imported goods to Chinese consumers, who are increasingly demanding a wider range of high quality and safe products. It enables the international retailers to tap into the booming Chinese market with limited investment. Tmall's International section was launched in October 2014, and by the end of the year,...

Following slowing performance over the last year and an admission that it had lost focus on its customers. Woolworths senior managers have set out the companies new three year vision for growth at its strategy day in Sydney. So what are the key things you need to know? 1. Putting the customer first and differentiating the offer Woolworths Food Group Managing Director, Brad Banducci, said th...

Woolworths has released Q3 results for the 13 weeks to 5 April 2015, with sales down 1.6% to AU$15bn, or up 3.0% excluding petrol. Top line sales were impacted by a restructure to petrol operations, slowing sales in Australian food and liquor and the on going Big W transformation, although performance in New Zealand appears to be improving. Australian food and liquor sales up 2.3% to AU$10.6bn...

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...