Retailers/Woolworths Ltd/News

Woolworths Ltd news

 
20 August 2018
Woolworths has released its full year results ending 24 June 2018, with sales up 3.4% to AU$56,726m and EBIT up 9.5% to AU$2,548m. Australian Food sales up 4.3% to AU$37,379m Like-for-like (LFL) sales grew 4.3% during the year as customer satisfaction scores continued to improve across areas such as fruit and vegetables and availability. However, LFL sales did slow in Q4, growing just 3.1%....
03 August 2018
Woolworths has opened a latest supermarket in Brisbane, which builds on learnings from its Marrickville store opening in Sydney in early 2018. Strength lies in fresh food The new stores, known as Woolworths 3.0, has a similar design, as well as many features that we have seen at Marrickville. There is a full range of counters, including a bakery, fishmongers, butchery, deli, hot food, plus ...
25 July 2018
Woolworths has opened it latest Metro store concept on Pitt Street Mall in Sydney's CBD. The store showcases new features and services that make the format even more tailored to inner city shoppers. Best new initiatives to be rolled out to other stores The new store features stronger food-to-go ranges, with a kitchen serving hot food, sushi, pizza and salads, an in-store cafe, a seating are...
05 July 2018
Woolworths is set to resolve some of the challenges its Petrol business has been facing with a new deal with Caltex. New 15-year deal with Caltex Caltex has supplied fuel to Woolworths since 2004. However, Woolworths Petrol Business has been treated as discontinued during negotiation for the sale to BP, which was eventually blocked by ACCC. A new 15-year deal has been agreed between the cur...
02 May 2018
Woolworths has released Q3 results for the 13 weeks to 1 April 2018, with sales up 4.3% to AU$14,244m and positive growth across all continuing operations. Australian Food up 4.7% to AU$9,571m Like-for-like (LFL) sales increased 4.4%, benefiting from the shift in the timing of Easter compared to the previous year. Woolworths Voice of the Customer metrics continued to show that shoppers are ...
25 April 2018
Woolworths is building a new fully automated distribution centre in Melbourne that is expected to be operational later this year. Largest distruibution centre in Australia The new facility is costing AU$215m to build and will be located on a 15.9 hectare site in Dandenong South, 35km south of Melbourne's CBD. Once live, it is believed that the warehouse will be the largest distribution cent...
23 February 2018
Woolworths has reported H1 sales up 3.8% to AU$29,807m and earnings before interest and tax (EBIT) up 9.9% to AU$1,430m. Australian Food sales up 4.9% to AU$19,339m Woolwoths' Australian Food business has benefited significantly from the retailer's stronger focus on the customer in H1, with its Voice of the Customer (VOC) scores showing overall satisfaction reaching 82%, compared to 78% for...
21 February 2018
Woolworths in Australia has launched a new marketing campaign ahead of the 2018 Gold Coast Commonwealth Games, held between 4th - 15th April. Multi-channel campaign to promote local produce The new Grown for Gold campaign aims to promote Australian produce by featuring some of the country's star athletes. Kurt Fearnley, Georgia Sheehan, Adam Gibson, Kelly Cartwright, and others will feature...
15 January 2018
Woolworths has appointed Steve Donohue as Managing Director for its liquor business. New MD has extensive experience Steve Donohue will start the role in April, taking over from Martin Smith, who will retire from the business at the end of June 2018. Donohue has significant experience of working within Woolworths' liquor business, having begun his career as a store manager in Dan Murphy's, ...
23 November 2017
The two leading retailers in Australia continue to set standards not only in retail execution, but also in social and environmental issues too. We review Coles's latest autism-friendly shopping initiative and Woolworths' commitment to reducing food waste.  Coles launches autism-friendly shopping hour Following a successful trial in early 2017, Coles has rolled out its Quiet Hour programme a...