Tag: Brad Banducci

Woolworths Group to sell petrol business to EG Group

Woolworths Group has entered into a binding agreement to sell its 540 Woolworths-owned fuel-convenience sites to EG Group for $1.725 billion. EG Group describes itself as “the leading independent petrol forecourt retailer in...

Caltex and Woolworths plan to lead market

Caltex and Woolworth have announced a long-term strategic alliance across convenience, wholesale food, redemption, loyalty and fuel supply. The businesses say they hope to create a “market-leading convenience offering”. Under the agreement, they will...

Woolworths releases first-quarter results

Woolworths Group has announced that the company grew 2.2 per cent in the first quarter of financial year 2017. The group’s Australian food division sales grew 1.7 per cent from $9.16 billion to...

Woolworths to close 30 stores and shed 500 jobs

Woolworths Ltd has announced a restructure of the group following a review of its operating model, with the closure of 30 stores and the loss of 500 jobs across its support office...

Woolworths announces third-quarter sales results

Woolworths saw total sales fall $49 million when compared with the previous year, amid rebuilding and reinvesting across the group. “Getting our customers to put us first is our priority and good progress...
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