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Woolworths has entered into a Scheme Implementation Agreement to acquire approximately an 80% stake in marketplace MyDeal.com.au. Woolworths’ offer values MyDeal.com.au at AU$243m. Woolworths said if completed, the remaining 20% stake in the business would continue to be held by MyDeal’s founder and chief executive, Sean Senvirtne, and other key management shareholders.

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As Woolworths Australia partners with InvertiGro for an in-store vertical farm and with Iberdrola for renewable energy, we round up three developments from the retailer. Woolworths Metro and InvertiGro partner for in-store vertical farm Through a partnership with Sydney-based AgTech InvertiGro, Woolworths Metro will add an in-store vertical farm at Metro Park Sydney Village. The solution wi...
Woolworths Group’s payment business Wpay has launched a digital wallet, which it is making available through its Everyday Rewards app. Woolworths looking to speed up the checkout process… To use the solution shoppers will scan a QR code at the beginning of their shop, rather than having to scan their Everyday Rewards card and select a payment method at the end of the transaction, as they do...
Despite the impact of omicron and flooding across Australia, Woolworths has reported sales growth of 9.7% to AU$15,123m for the 13 weeks ending 3 April 2022. The retailer is outpacing Coles in Australia, but what else do the results tell us… Australian Food sales up 5.4% to AU$11,432m Although time periods are not directly comparable, growth of 5.4% compares to that of 4.2% reported by Cole...

Presentations

20/05/2022
A global overview of the impact of rising costs on grocery retailers and their suppliers in major markets. How shopping habits and channel dynamics are evolving. How retailers are reacting and adapting to try to continue to deliver value to their shoppers.
09/05/2022
Coles has become the first of Australia’s major supermarkets to launch a carbon neutral beef brand.
04/05/2022
Wing customers can now order up to 250 items from Coles.

Key presentations

Australia Country Presentation

A guide to Australia’s grocery market and how we expect the country, its leading retailers and channels to evolve over the next five years.

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Australia retail outlook 2022

The latest retailer results, our forecasts for how the market will grow towards 2026, plus five trends set to shape the food and consumer goods retail market across Australia in 2022.