Woolworths Ltd news

Australia’s convenience sector is dominated by forecourt-based stores, however evolution of the sector has been slow and innovation has been stop start in recent years. As Ampol and Woolworths launch their first Ampol Woolworths Metro store in Victoria, we explore whether the partnership’s drive to open more stores will unlock further value in the Australian convenience channel. 14 Ampol Woolw...

Having seen a surge in demand for online grocery retail over the past year, we have remodelled how we expect the channel to grow in Australia over the coming years, predicting that online grocery will achieve a market share of 9.9% by 2026, up from an estimated 5.0% by the end of FY21. COVID-19 has accelerated online grocery by three years in Australia Woolworths and Coles currently control...

Australia’s market leading retailer continues to make progress against its strategic priorities, we round up some of the biggest developments over the last few weeks. PFD Food Services acquisition approved Woolworths has finally been given permission to acquire Australia’s second largest foodservice supplier, PFD Food Services. The retailer originally announced its intent to buy a 65% sta...

Woolworths private label products are now available in the Philippines, through its partnership with Robinsons Supermarket, as well as its other retail banners The Marketplace and Shopwise. Over 150 Woolworths products in 35 stores and online Woolworths has been exporting products outside of Australia for the past five years, with the Philippines being the latest to have a local partner. M...

Leading Australian retailers such as Woolworths, Coles and Aldi have signed up to the ANZAC plastics pact that will significantly reduce plastic waste from supply chains by 2025. Retailers will look to achieve four targets The new pact looks to address a significant challenge for the food and consumer goods industry and will be adopted by business and governments across Australia, New Zeala...

In the last few weeks we have seen both Coles and Woolworths announce new AI-enabled solutions that it hopes will make stores both more efficient and better to shop. Coles to automate fresh produce replenishment Coles has partnered with Relex Solutions to replace its manual fresh produce ordering system with a new cloud-based AI platform. The new technology will help Coles maintain and impr...

Woolworths has released Q3 results with sales up 0.4% to AU$16,566m. However, the data shows two distinct trading periods during the quarter with sales heavily impacted in the last six weeks as the retailer starts to cycle COVID-19 trading from 2020. So what have we learnt? Growth ahead of Coles, but not on a two-year basis Although food and liquor sales declined sharply in the final six w...

Woolworths in Australia has an ambition to evolve its business into a ‘food and everyday needs ecosystem’ and in the last week we have seen three big developments that will further facilitate it towards achieving this goal. 1. Purchase of controlling stake in data analytics firm Quantium At the heart of every retail ecosystem is a huge amount of data that is generated from activities across...

Before the COVID-19 pandemic online grocery was accelerating in Australia, however since the pandemic hit, growth has become supercharged. For retailers and suppliers online grocery is going to be a vital growth channel over the next few years down under. In our next  Future Talk by Retail Analysis webinar,  we will consider how global retail trends are impacting on Australia and how the onlin...

Half year results season in Australia is out of the way, with both Woolworths and Coles having released their HY performance reports over the last two weeks. As the attention swings towards H2 and the rest of 2021, we believe that there are five major trends that will shape the Australian grocery market as we cycle out of the pandemic... 1. Acceleration of online grocery Over the past few y...