Woolworths Ltd news

 
31 October 2013
Australia's leading retailer, Woolworths, has reported sales up 6.1% for the first quarter of the 2014 financial year, with the supermarket division reporting sales growth of 6.4%. Result underpinned by Australian Food and Liquor business The Australian Food and Liquor business reported sales of AUS$10.4bn for the quarter (+4.5%), with comparable store sales up 2.5% and increases in custo...
28 October 2013
Woolworths has launched its latest round of price cuts as it looks to improve its price image and save customers even more. Price cuts focus on best selling lines The new round of price cuts under the retailer's Every Day Value campaign focuses on the most popular fresh food and big brand items, which Woolworths claim could save customers more than AU$1.2m a week. Prices have been cut on ...
21 October 2013
Woolworths is trialling in-store coffee kiosks in its stores in Melbourne and Sydney. Initial tests in three stores Woolworths has installed the coffee pods into its Ashwood and Moonee Ponds stores in Melbourne and one in Sydney, allowing customers to enjoy a coffee or snack when doing their shopping. If the kiosks are popular then the retailer will plan to roll them out to more stores. Spec...
04 October 2013
Both Coles and Woolworths have announced new partnerships with two iconic British chefs, as they continue to promote great quality fresh and affordable healthy food. Coles teams up with Heston Blumenthal Coles has announced that it will be forming an exclusive partnership with Heston Blumenthal to create an extensive range of products with a focus on Australian and Indigenous ingredients. T...
04 October 2013
Woolworths has launched a new Farmers private label milk brand in some of its stores in New South Wales. Direct milk supply to drive a more sustainable future The brand has started to appear in stores on the north coast of the state, with plans to roll it out to all of its NSW stores in the next few months. The brand is sourced from dairy farmers in the Manning Valley and comes in three var...
16 September 2013
Woolworths is considering launching a new retail brand called 'Woolworths Local', designed to further strengthen its relationship with local communities, suppliers and Australian Farmers. New brand, trademark and domain name... Press reports in Australia say that Woolworths has created marketing imagery for a new brand called 'W Local', registered 'Woolworths Local' as a trademark and also se...
04 September 2013
Woolworths has announced that it will be investing AU$3m in a new deal that will see it source all of its own brand deciduous canned fruit from Australia. Increasing 'Australian grown' penetration in canned fruit The new deal will ensure that all Woolworths private label canned apples, pears, peaches and apricots will be Australian grown and supplied by its existing largest supplier of ca...
02 September 2013
Australia's market leading retailer has announced that it will increase its capital investment next year, with a stronger focus on how it uses data to grow sales. Half of capital expenditure to be invested in 'Big Data' In its 2013/14 FY Woolworths will increase capital spending from AU$1.3bn to $1.5bn, with almost half of this invested into better tools to understand shopper trends and drive...
30 August 2013
The Australian retailer reports 6.1% growth in net profit after tax on continuing operations (on a normalised 52 week basis), laying solid foundations for sustainable growth in the future. Triple-fold benefit from this strong performance Woolworths' managing director and CEO Grant O'Brien outlined "the result reflects the underlying strength and resilience of each of our businesses and ou...
30 August 2013
Woolworths has published a report that shows how Australia's grocery shopping habits have changed over the past 25 years. The report entitled 'Woolworths Trolley Trends' shows how Australia has become a more cosmopolitan community with a greater preference for global flavours and changing habits as to how people eat and spend their money. Key findings include: 1. The BIG weekly shop is dead ...