Woolworths Ltd news

Woolworths is the first Australian retailer to partner with US firm Loop. Loop influence quickly spreading globally Loop is the first global platform to partner with major brands and retailers including Procter & Gamble, Unilever, PepsiCo, and Nestlé to offer shoppers re-usable packaging. Launched in New York and Paris in May this year, in partnership with retailers such as Kroger, Walgreen...

Woolworths has launched a revamped subscription service for online grocery deliveries in Australia. Flexible subscription will appeal to different customers The new service, called 'Delivery unlimited', allows subscribers to get free deliveries for their online groceries, as long as they spend over AU$100 on each order. Currently Woolworths deliveries cost up to AU$15 for orders under AU$10...

Woolworths has released annual results for FY19 with sales from continuing operations up 3.4% to AU$59,984m, but EBIT including significant items from continuing operations down 9.6% to AU$2,353m. Australian food sales up 3.3% to AU$39,586m Sales grew 3.1% on a LFL basis, while EBIT was up 3.8% to AU$1,857m. Sales growth was driven by a 1.8% growth in transactions and an increase in items p...

Woolworths has partnered with Takeoff Technologies to test its automated micro fulfillment technology in three locations. Test to start in the next 12 months before potential further roll out The implementation of the automated sites will take place within the next 12 months, with Woolworths hoping that the trial will help it both meet the growing demand for online grocery orders, but also ...

Woolworths in Australia has started building a new AU$135m fresh food distribution centre in Melbourne. New fresh food hub for Victoria The retailer has a 15 year lease on the new 57,000 sq m facility that will be located next to its meat supplier, Hilton Meat's distribution centre, in Truganina, west Melbourne. The new facility, due for completion towards the end of 2020, will replace the ...

Woolworths has created a new standalone retail media function called Cartology, which it hopes will better connect its suppliers to its shoppers. Cartology: new digtal marketing service As a result of the changing path to purchase and taking inspiration from activity in North America, Woolworths hopes that the new service will use customer data to allow suppliers to better target shoppers. ...

The subsidiary of Woolworths has announced the first batch of stores to close next year. Three store closures in the same city The first three of about 30 Big W stores to close over the next three years are all in Sydney - Chullora, Auburn and Fairfield. There would have been some cannibalisation between the stores as they are in close proximity to each other. These three stores will shu...

Woolworths Group has announced plans to spin off its drinks and hospitality operations, Endeavour Drinks and the ALH Group. Creating a new entity, Endeavour Group Woolworths Group will combine Endeavour and ALH to form Endeavour Group Ltd. The new entity will combine the 1,500+ BWS and Dan Murphy’s drinks outlets and 327 ALH pubs and hotels, as well as the Pinnacle Drinks, Cellarmasters, an...

Woolworths in Australia has invested AU$30m into meal kit delivery company Marley Spoon. Benefits and learnings for both companies The investment by the market leading retailer will see it form a strategic partnership with Marley Spoon, as well as take ownership of 9% of the business. Although no details have been released it is expected that the two companies will work together to develop ...

Woolworths has announced that it will focus more on delivering every day low prices on products and cut back on weekly promotions. Price is a key metric of store choice Speaking last week, Director of Buying at Woolworths, Peter McNamara, explained that shoppers have been telling the retailer that although getting a "good deal" remains important, having prices that are trustworthy is "one o...