Woolworths Ltd news

 
04 September 2014
Woolworths has published a reported entitled the 'Future of Fresh' in which it builds a picture as to how Australians will be shopping in 20 years time. Fundamental shift in shopper behaviour Woolworths has surveyed the Australian people to better understand current shopping habits, but also the expected habits of what it calls 'Generation Alpha' (those born from 2010). The report predicts ...
29 August 2014
Woolworths has released full year results for the 52 weeks ending 29 June 2014, with sales up 5.9% to AU$60.8bn and EBIT from continuing operations up 5.3% to AU$3.8bn. Australian Food and Liquor sales up 4.7% to AU$41,171m, with EBIT up 9.1% to AU$3,279m Like-for-like (LFL) sales in supermarkets increased 3.0% driven by improvements in value and the customer offer. Woolworths' supermarkets...
12 August 2014
Australia's market leading retailer has stepped up its expansion into online retailing with the opening of its first darkstore warehouse in southern Sydney. New facility in area of highest online demand The new 7,000 sq m facility is located in the suburb of Mascot, near Sydney airport, 7km south of the CBD. The opening is significant not only as it is Australia's first darkstore, but it al...
29 July 2014
Woolworths' Director of Business Transformation Julie Coates to leave the company. Coates exits months into major supply chain project Julie Coates has served in a variety of roles within the business over the last twelve years, taking the lead on a working group seeking to transform logistics operations in October last year. This major project, entitled Mercury 2, is tipped to be a bill...
05 June 2014
Woolworths and celebrity chef Jamie Oliver have launched a promotion whereby customers can collect sensory stickers that are aimed at educating children on the benefits of fresh food. Educating Australia on fresh food origins and benefits The Jamie’s Garden Collectibles range is a world-first collection of sensory stickers that are aimed at engaging children around the sourcing and health b...
19 May 2014
Jamie Oliver and Woolworths have launched a new range of ready meals that will be exclusively sold in its stores. Chef partnership will hopefully drive ready meal category The new range entitled 'Created with Jamie' uses the strapline ' wickedly tasty food' and claims to have sourced the best ingredients from across Australia. The 29 lines currently launched across categories such as bakery, m...
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...