Tag: woolworths

Woolworths pips Coles on comp sales

Woolworths Group’s first-half results contained good news as far as Australian supermarket sales go. Supermarkets are the future battleground in the Woolworths turnaround and its performance is on the right track, although...

Consultancy aims to drive industry collaboration

A new consultancy group specialising in the food and beverage value chain has been launched, with Woolworths already engaging it to drive collaboration with its private-label suppliers. Experienced management consultant Paul Eastwood established...

Woolworths-BP deal set to shake up P&C landscape

The $1.785 billion sale of Woolworths’ fuel business to BP is awaiting approval from the ACCC and Foreign Investment Review Board, with completion expected no earlier than January 2, 2018. Meanwhile, the...

Caltex confirms interest in Woolworths’ fuel business

Caltex this week confirmed it had made a “conditional and confidential” proposal to Woolworths to acquire its fuel business and maintain the companies’ successful fuel alliance. Caltex is currently the exclusive supplier of...

Woolworths looking to sell fuel arm

Woolworths has confirmed it is evaluating whether to sell its petrol business. In a statement released in response to recent media speculation, the company said it had received a number of “incomplete and...

Woolworths leads in loyalty

More than 71 per cent of the Australian population are members of at least one store loyalty program and Woolworths Rewards is the most popular, according to Roy Morgan Research. Woolworths Rewards (formerly...

Woolworths changes its rewards scheme

Woolworths has announced significant changes in the structure of its rewards program in response to customer feedback. As of August 31, 2016, members will earn rewards on every dollar they spend in Woolworths’...

Woolworths posts $1.2 billion loss

Failed home improvement venture Masters, struggling discount chain Big W, and a fall in EBIT earnings in food and petrol sales have seen Woolworths Ltd announce a $1.23 billion loss for FY16. The...
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