Retailers/Woolworths Ltd/News

Woolworths Ltd news

 
14 June 2017
Australia's market leading retailer has officially launched its new mid-tier private label range, which will see the 'Select' brand removed from its shelves. Focusing on improving quality and customer perception Last June, Woolworths announced that it would be replacing its 'Select' brand with a new range simply known as 'Woolworths' and the retailer has now officially launched the new...
24 May 2017
Woolworths in Australia has launched a new initiative that allows members of its loyalty scheme to test private label products for free, in exchange for product reviews. The Brunch is an online community The new initiative is called  'The Bunch' and having been trialled in 2016, is now open to all Woolworths Reward card holders. The retailer has launched a new website to support the program...
02 May 2017
Australia's leading retailer Woolworths has reported strong quarterly results surging ahead of its main competitor Coles . Total third-quarter sales increased by 3.7% to AU$13.81bn (US$10.39bn) from AU$13.32bn (USD$10.02bn), previous year. Australian Food division healthy Woolworths supermarkets posted a strong growth of 5.1% to AU$9.3bn (US$7bn) in Q3, with like-for-like (LFL) sales up by...
19 April 2017
After getting rid of its orange ticket programme, which only rewards shoppers for a limited range of products, Woolworths Australia's simplified Rewards programme has won 9.7m members. Simplified reward scheme yields rich data The new loyalty program rewards shoppers with AU$10 (US$7.50) for every AU$2,000 (US$1,511) spent. Shoppers simply have to scan their card at the checkout to collect ...
13 March 2017
Europe-based buying alliance EMD has announced that it is expanding globally as Australia-based Woolworths, which operates in its home market and New Zealand, becomes a member. The announcement marks a new stage in buying alliance membership, taking them outside Europe for the first time, suggesting that there could be more such developments in future. Woolworths to buy private label ranges th...
22 February 2017
Australia’s leading retailer Woolworths has reported that its sales grew 2.6% to AU$29bn (US$22bn) for the half-year ended 1 January 2017. Profits also grew to AU$725m (US$558m), from a loss of AU$973m (US$748m). Australian food division grows in H1 Woolworths supermarkets posted a strong growth of 2.8% to AU$19bn in H1 2017, and 1.9% increase in like-for-like (LFL) sales. This is helpe...
16 January 2017
Woolworths has announced that Claire Peters is to become the new Managing Director of Woolworths Supermarkets, effective 1 July 2017. 20 years experience in operations and commercial Claire Peters will report to Woolworths CEO, Brad Banducci and oversee the full operation of Australia's largest supermarket network - with 992 stores. Her role will be responsible for carrying on the turnaroun...
11 January 2017
Woolworths has introduced a new online portal called 'Supplier Connect' to provide its suppliers with better information on shopping habits. Shopper data, supplier performance and engagement information The new portal was introduced in October last year and provides enhanced shopper data from Woolworths' partner Quantium, allowing Woolworths and its suppliers to analyse data and deliver cus...
05 January 2017
Australia's market leading grocer has sold its petrol operation to BP for AU$1.8bn (US$1.3bn). New deal will retain fuel vouchers and test new c-store partnership After months of speculation, Woolworths has confirmed that BP will acquire the 527 petrol stations and 16 sites under development from the retailer. The petrol sites that are currently supplied by Caltex Australia will gradually b...
29 December 2016
With our team of analysts visiting over 20 countries in 2016, we’ve identified the top stores you should visit in the year ahead to see some of the key trends shaping format development in the sector. Here’s our final instalment of a three-part series. Click to view part 1 and part 2 . China: Easy Carrefour, Gonghe, Shanghai Carrefour China introduced Easy Carrefour, a new neighbourhood...