Tag: woolworths

Poor petrol sales hinders Woolworths’ first quarter results

Petrol sales for the quarter of $1.3 billion were impacted by changes to the Woolworths-Caltex alliance and a 10.6 per cent reduction in average fuel sell prices. Sales from Caltex-operated sites are no...

‘Walmart model’ driving competition and change in Australian retail

IBISWorld reveals trends in supermarkets and fuel retailing as supermarket and grocery stores industry revenue tops $88 billion. Collectively, Australia’s supermarket and grocery stores and fuel retailing industries will generate an estimated $125.1...

Loss of heavy fuel discounts takes its toll on Coles and Woolworths

The new landscape for petrol retailers gives independents a better chance for growth. David Burton. Ware now well past the date when Coles and Woolworths provided voluntary undertaking to the Australian Competition and Consumer Competition to cease heavy...

Woolworths on long road to recovery

With the search for a new CEO underway, and questions about the retail experience of its board members, Woolworths disappointed the market with its full-year results to June 30, 2015. The usually strong...

Woolworths outlines three-year growth strategy

Woolworths Limited has announced a new 'Lean Retail' model intended to deliver more than $500 million of cost reduction across FY15-16. Woolworths Ltd CEO Grant O'Brien said the cost reductions will enable investment...

Woolworths Ltd announce $15 billion in third-quarter sales

The results are an increase of three per cent on the previous year, excluding petrol, or a decrease of 1.6 per cent, including petrol, which was impacted by changes to the Woolworths-Caltex...
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