Woolworths Ltd news

 
14 September 2020
Woolworths has shaken up its senior executive team in a move what it described as 'supporting its evolution into a food and everyday needs ecosystem'.  New leadership for Woolworths Supermarkets The current managing director of Woolworths New Zealand, Natalie Davis, will return to Australia and become the new Managing Director of Woolworths Supermarkets. Davis has led the business in New Ze...
08 September 2020
Woolworths in Australia has launched a new B2B online platform called 'Woolworths at Work'. Dedicated platform tailored to business needs The retailer confimed that there were plans for a new B2B operation in the pipleline a few months ago  and has now opened the Woolworths at Work website . The service will look to target business customers and offer them a new solution for their everyda...
27 August 2020
Woolworths has published its FY20 results for the year ending 28 June 2020, with group sales up 8.1% to AU$63,675m, but EBIT down 0.4% to AU$3,219m due to the impact of COVID-19 in H2. ‘Devastating impact of COVID-19’ In the second half of the year Woolworths' sales and EBIT were heavily influenced by the global pandemic. The shopping experience and sales patterns were particularly impacted...
20 August 2020
Woolworths is set to launch its latest Ooshies collectables campaign on 26 August, with the exception of in Victoria due to the current COVID-19 lockdown in Melbourne. 36 Disney+ characters will be available for collection The campaign will build of the Lion King Ooshies that it ran last year, with the new theme focused on the Disney+ that launched in Australia in November last year. When s...
20 August 2020
Woolworths has invested AU$552m (US$396.0m) in acquiring a 65% stake in PFD Food Services, Australia's second largest foodservice supplier. Another cog in the Woolworths ecosystem The deal involves AU$302m (US$216.7m) for the equity interest in the business and a further AU$249m (US$178.7m) that will see Woolworths acquire its 26 freehold properties and distribution centres. Woolworths Grou...
07 August 2020
Woolworths in Australia is using QR codes and its Rewards data to track and trace customers to help prevent the spread of COVID-19. QR code and Rewards scheme data usage Woolworths has installed a QR code contact tracing initiative into 12 of its stores in Australia, 11 supermarkets in Victoria and a Metro stores in NSW. Shoppers are asked to voluntarily scan a QR code at the entrance to th...
30 July 2020
Woolworths has rolled out its Scan&Go technology to its first store in Queensland. Service is linked to Woolworths Rewards The technology has been introduced to the Logan Hyperdome store, south of Brisbane and is now live in 19 Woolworths stores across Australia, 17 in NSW and ACT and one each in Victoria and Queensland. The service is available to Woolworths Reward loyalty members and allo...
23 July 2020
Woolworths in Australia is testing a new app that will allow customers to reduce the amount of time they need to queue at their supermarkets. See real time queue info and book a slot via your phone The app, known as Q Tracker, uses tech that was originally designed for smart car parks. It allows users to both see predictive information on the wait time of a queue at a store, as well as allo...
09 July 2020
Following a spike in new cases and the renewed lockdown of parts of Australia's second largest city, how have retailers responded and what can other businesses and markets learn? 1. Short term buying restrictions As reports of new COVID-19 cases in Melbourne were revealed, Coles and Woolworths were both quick to respond to reinstigating buying restrictions on certain products in response to...
08 July 2020
Woolworths has announced that it is testing cashless stores, as well as plans to launch a dedicated B2B online platform. Metro stores switch to cashless payment Woolworths has revealed that 11 Metro stores across Sydney and Melbourne have been converted to accept cashless payments only. The move is designed to make shopping even more convenient and seamless, particularly for stores in trans...