Tag: Woolworths Group

Class action against Coles and Woolworths launched in Federal Court over alleged misleading discount claims

Gerard Malouf & Partners (GMP Law), a leading consumer protection and personal injury law firm, has lodged class action lawsuits against Coles and Woolworths, Australia’s largest supermarket chains, for allegedly promoting misleading...

Woolworths Group agrees to sell 5% of Endeavour Group

Woolworths Group has agreed to sell 5% of the issued capital of Endeavour Group via a block trade at a price of $5.22 per share, generating proceeds of $468 million. Following the sale,...

Woolworth Group delivers F24 half-year results

At its F24 half-year results announcement, Woolworths Group sales increased by 4.4% to $34.6 billion with Australian Food delivering the strongest growth for the half. In Q2, sales growth rates moderated in...

Woolworths Group CEO announces retirement

Woolworths Group has announced that Managing Director and Group CEO of Woolworths Group Brad Banducci has given notice of his intention to retire and, by agreement with the Board, will leave in...

Woolworths Group calls for respect

Woolworths Group is calling for respect and courtesy from customers this holiday season. This comes as the retailer’s team members continue to report “unacceptable levels” of verbal abuse and physical aggression in stores. Since...

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...

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 makes progress in post-Covid trading environment

Woolworths Group reported sales of $16.4 billion in F23 Q1, up 1.8 per cent on the same period last year. In its Australian food business, sales were below the prior year (down 0.5%...
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