Tag: woolworths

Woolies completes petrol-business sale to EG Group

Woolworths has completed the sale of its petrol business to EG Group and will return the proceeds via a buyback. The buyback will be off market and return $1.7 billion to shareholders, Woolworths...

Caltex announces 2018 full-year results and buyback

Caltex has announced its financial results for the 12 months ending December 31, 2018. The company says its RCOP (replacement cost of sales operating profit) NPAT (net profit after tax) result of $558...

Caltex and Woolworths launch new loyalty partnership

Caltex and Woolworths have launched an expanded loyalty partnership to “help deliver more value and savings to Australian consumers”. The new partnership will allow Woolworths Rewards’ 11.2 million members to earn Woolworths Points...

Does Amazon Go have convenience in its sights?

Amazon’s plan to open 3,000 new cashier-less Amazon Go stores in the next few years could seriously disrupt the convenience sector. The good news for Aussie convenience retailers is that it plans to open...

Caltex announces half-year 2018 result

This week, Caltex announced its financial results for the six months ending June 30, 2018. In a statement, the company said: “ announcement is broadly in line with guidance and demonstrates the significant...

Mr Lee’s Noodles arrive Down Under

Mr Lee’s Pure Foods Co gourmet instant noodles have made their retail debut Down Under, with ranging in Woolworths supermarkets and Metro stores. Mr Lee’s says the “no-nasties” noodle cups contain premium, freeze-dried...

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...

BP not proceeding with Woolworths’ fuel network buyout

BP Australia has announced it won’t continue with its proposed acquisition of Woolworths’ retail fuel and convenience business. Despite its best efforts, BP has determined the transaction, originally announced on December 28, 2016,...
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