Tag: Brad Banducci

Coles and Woolworths respond to Senate inquiry

Coles and Woolworths have both provided statements regarding the Senate inquiry into the price gouging of major supermarkets amid Australia’s cost-of-living crisis. Spearheaded by the Greens, the inquiry will scrutinise the impact of...

Woolworths releases first quarter results

Woolworths has released its 2024 first quarter results, with Group sales revenue increasing 5.3% to $17.22 billion. Across the retailer’s Australian food division, total sales increased 6.4% to $13.1 billion. “Importantly for our customers,”...

Woolworths Group announces strong full year results

Woolworths Group has reported group sales of $64.3bn in its full year results, up 5.7% from F22. Group e-commerce sales was up 0.8% to $6.592m. Woolworths Group CEO Brad Banducci says, “The 2023...

Tougher penalties for assaulting retail workers introduced in NSW

People who assault retail workers in NSW will face tougher penalties under a bill introduced by the state government. The Crimes Legislation Amendment (Assaults on Retail Workers) Bill 2023 will introduce three new...

Retailers respond to Fair Work Commission Annual Wage Review

The Australian Retailers Association (ARA) says the decision by the Fair Work Commission to increase modern award rates of pay by 5.75% - in addition to the scheduled 0.5% increase in superannuation guarantee...

Woolworths releases 2023 third quarter results

Woolworths has released its 2023 third quarter results, with Group sales revenue increasing by 8% to $16.34 billion. Across its Australian Food division, sales increased 7.6% in Q3 to $12.3 billion with Woolworths...

Coles and Woolies offer to save REDcycle soft plastic

Coles and Woolworths have made an offer to REDcycle to take control of its stockpiled soft plastic and provide safe storage of the material while recycling solutions are explored. Following Soft Plastics Taskforce...

Woolworths releases 2023 half year results

Woolworths has released its 2023 half year results, with Group sales increasing 4% to $33.2 billion. Across its Australian Food division, sales increased 2.5% in the half to $24.4 billion (3-yr CAGR: 5.5%) driven...
Advertisment

Most Popular