Woolworths Ltd news

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...

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 ...

Woolworths has confirmed that it is to acquire New Zealand-based direct-to-customer retailer EziBuy for NZ$350m. Ezibuy: a leading direct-to-customer non-food business Ezibuy is a leading direct-to-customer retailer of apparel and homeware in Australia and New Zealand, operating via its online platform and catalogue businesses. Having established itself in New Zealand in 1978, today it has a ...

Woolworths has opened a new food emporium style small format store at Brisbane's Hamilton Harbour, featuring concepts and ranges tailored for city living. Smaller format designed for city living The new store at Hamilton Harbour is just over 1,100 sqm and both signals the retailer's desire to open smaller format stores in urban areas, but also its growing focus on its strategy to better tailo...

In an upbeat announcement of its full year results, Woolworths reports operating sales of AUS $58.5bn, increasing 4.8% on the previous year, adjusting for the 53rd week of sales. 'Strategic Priorities' starting to bear fruit The retailer's sharpened focus on its core businesses and implementation of Strategic Priorities underscored sales growth in a period of consumer uncertainty and low ...

Woolworths' chief executive Grant O'Brien has put his backing behind strengthening the retailer's capability to deliver ready meal solutions, supporting both the changing needs of customers but also the retailer's increasing focus on smaller urban formats. Vertically integrated facilities to deliver new ready meal ranges The Australian reports that Woolworths plans to build several factories ...

Australia's market-leading grocery retailer has announced that it is to open its first 24 hour full sized supermarket in Queensland, close to Brisbane Airport. Mix of customers to benefit from longer opening hours The supermarket at Brisbane Airport's Skygate retail precinct will begin trading around the clock, seven days a week on 1 July. Woolworths has chosen this store as its first Queens...

Just weeks after Woolworths launched its new Every Day Value price offensive, the retailer has unveiled a re-launch of its Extra Special savings scheme for Everyday Rewards loyalty card holders. Over 1,000 new Extra Special savings on popular products Woolworths has moved to strengthen the communication of its Extra Special in-store savings scheme, which it launched in May 2012 . From Wedne...

Following continued price cutting by main rival Coles, Australia's market leading retailer has moved to cut the price of hundreds of family essentials across its stores. 'Every Day Value' on family essentials The new campaign called 'Every Day Value' sees the retailer introduce price reductions on customers' most popular products, with some lines seeing reductions  of up to 33%. Woolworths ...

Australia's market leading grocery retailer has installed a convenient Click & Collect location at Australia's second busiest airport. Walk-in or drive through service available The concept is located outside the airport next to a new public pick up lane.  Woolworths hopes that passengers returning from trips will be able to order fridge and pantry essentials up to a week in advance of their ...