Woolworths Ltd news

 
12 November 2018
UK-based, fast-expanding, specialist fuel forecourt retailer, Euro Garages has made another international acquisition; moving into its third continent with the purchase of 540 fuel forecourt sites from major Australian supermarket operator Woolworths.  The expected completion of this deal in early 2019 will boost Euro Garages' total global network of sites to 5,250 across Europe, the US and now A...
02 November 2018
Woolworths has released Q1 results with sales up 1.9% to AU$14,853m. Australian Food sales up 1.9% to AU$9,870m Food sales slowed in the quarter, particularly at the start of the period when Woolworths removed single use plastic bags from its stores and changed the phasing of promotional activity from the previous year. Despite this, customer metrics and LFL sales remained strong, tracking ...
17 October 2018
Woolworths has become the latest Australian retailer to increase its investment in organic products. Boosting organic production over the next five years Australia's market leading grocer has launched the Woolworths Organic Growth Fund, which will assist Australian farmers to increase the production of organic produce. Woolworths will invest AU$30m into the fund that over the next five year...
16 October 2018
Woolworths has expanded its two hour online delivery service to 35 stores across Sydney and Melbourne. Popular with young couples and new parents Woolworths has been testing its two hour delivery service since august 2017 at four stores in Sydney and has now extended the service to 20 stores in Sydney and 15 in Melbourne. The service allows online shoppers to choose from up to 30 items and ...
05 September 2018
Woolworths in Australia is about to start testing a smartphone app called 'shop & go', allowing customers to scan products and checkout via their smartphones. Australian first for technology The system will be tested by a few thousand Woolworths Rewards loyalty scheme members at the retailer's Double Bay store in Sydney. Shoppers will be able to scan barcodes using their phones and pay usin...
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 ...