Markets/Australasia/News

Australasia news & analysis

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...
26 August 2020
Aldi in Australia has made a significant announcement that it plans for 100% of its operations to be powered by renewable energy by 2021. All operations to adopt renewable energy Aldi will use a combination of solar and wind to power its operations beyond 2021. The retailer has sign two 10 year deals with wind farms that will provide power for all of its stores in NSW and Victoria. It will ...
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...
18 August 2020
Coles has reported FY20 results with sales up 6.9% to AU$37,408m and EBIT up 4.7% to AU$1,387m. Supermarkets sales up 6.8% to AU$32,993m Strong supermarket sales and EBIT growth of 10.7% were a result of Coles’ refreshed strategy and an increase in demand created by COVID-19. LFL sales growth for the year was 5.9%, with sales growth of 7.6% and 7.1% on a total and LFL basis in Q4, respectiv...
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...
04 August 2020
Coles is running a new 'Instant Win' promotion that allows shoppers the potential of winning a prize each time they shop. Over 1,000 products included in the promotion Shoppers will recieve a prize code on their receipt for every transaction that includes three or more items from participating products. All they then have to do is enter the code at coles.com.au/instantwin to see if they hav...
04 August 2020
With ongoing rises in COVID-19 transmission, Australia's second largest city, Melbourne, has imposed stronger lockdown measures. We review what this means and how retailers have reacted. New lockdown measures explained The Victorian state goverment implemented the new 'stage 4' measures from Sunday 2 August and they will remain in place for six weeks, until Sunday 13 September. People are o...
31 July 2020
David Jones and BP have announced that they will convert an additional 21 sites to David Jones Food stores by the end of 2020. Further sites across Melbourne and Sydney David Jones and BP teamed up last year, with the first David Jones Food store on a BP forecourt opening in November 2019 at BP Bayside Gateway in Melbourne. Since then the retailer has opened 9 further sites in both Melbourn...