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Woolworths is in the Retail Industry
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Woolworths Set to Meet Guidance
Woolworths Ltd is on track for at least a 21 per cent lift in annual profit after maintaining its lead over rival Coles, and says it has made a good trading start to the new year.Australia's biggest retailer reported an 8.7 per cent lift in normalised sales for the...
Woolworths Still Eyeing The Warehouse
Softer economic conditions in New Zealand and declining earnings from The Warehouse Group won't deter the head of cashed-up retailer Woolworths Ltd from making a tilt at the general merchandise retailer, an investment house says.Woolworths, and fellow retailer Foodstuffs Ltd, are currently awaiting the outcome of a New Zealand...
Topshop May Enter India With Tata Group
MUMBAI (Reuters UK) - Billionaire retailer Philip Green, owner of the Arcadia group, has finalised Tata Group as a franchise partner for its Topshop and Topman retail chains' foray into India, the Economic Times said on Monday. Arcadia had been in talks with Indian real estate...
Are You a Fight or Flight Leader?
It's been said that Winston Churchill was a great wartime leader, but less effective during peacetime. There are some senior executives that fall into that category, too. Today, Trevor Bish-Jones, Woolworths' chief executive, has stepped down, the latest in a...
Low Alcohol Tolerance
A recent case serves as a warning to all employees to be aware of "zero tolerance" policies that apply at their place of work and ensure their conduct does not contravene those policies. In May 2007, Woolworths dismissed one of its store managers for drinking two beers during his lunch...
Additional Resources
Woolworths responds to 'green' claims concerns.
M2 PRESSWIRE-18 March 2008-ACCC: Woolworths responds to 'green' claims concerns C1994-2008 M2 COMMUNICATIONS LTD RDATE:18032008 Woolworths Limited has undertaken a number of steps to resolve Australian Competition and Consumer Commission concerns about labelling of Woolworths...
Niche retailing may be Coles' calling.
Byline: Leon Gettler Jul 16, 2007 (The Age - ABIX via COMTEX) -- Australian retail giant Coles should consider moving into the online grocery market. David McKinna of McKinna et al says the Australian market is not large enough to sustain two retailers...
Property Solutions opens two new neighbourhood centres.
Jul 16, 2007 (Inside Retailing - ABIX via COMTEX) -- Property Solutions has opened two shopping centres in Queensland at an overall cost of $A80 million. The $A30 million Nundah Village centre is located at Sandgate Road in Brisbane, while the $A50 million Village Upper Mount ...
Beating Coles may have cost Woolies.
Byline: Fiona Tyndall Jul 11, 2007 (The Australian Financial Review - ABIX via COMTEX) -- Merrill Lynch believes that Woolworths could have significantly increased its 2006-07 profit if it had not pursued growth in market share. The Australian-listed retailer has advised that its...
Woolies locking in customers - analyst.
Byline: Nabila Ahmed Jul 11, 2007 (The Sydney Morning Herald - ABIX via COMTEX) -- Analysts have noted that Woolworths' price reduction strategy will make it very difficult for Coles Group to win back lost customers. Merrill Lynch retail analyst, David Errington, has...
Coles down, nearly out in war with Woolies.
Byline: Nabila Ahmed Jul 11, 2007 (The Age - ABIX via COMTEX) -- Analysts have noted that Woolworths' price reduction strategy will make it very difficult for Coles Group to win back lost customers. Merrill Lynch retail analyst, David Errington, has commented that...
Coles slips amid fears that Woolies will hamper recovery.
Byline: Nabila Ahmed Jul 11, 2007 (The West Australian - ABIX via COMTEX) -- Analysts have noted that Woolworths' price reduction strategy will make it very difficult for Coles Group to win back lost customers. Merrill Lynch retail analyst, David Errington, has commented...
Farmers challenge Woolies over meat threat.
Byline: Sophie Morris Jul 11, 2007 (The Australian Financial Review - ABIX via COMTEX) -- The Australian meat industry has questioned comments by Woolworths CEO Michael Luscombe regarding price increases. Luscombe's recent warnings that meat prices would rise as a result of the...
The big two lag behind UK supermarkets.
Byline: Hailey Settineri Jul 11, 2007 (Retail World - ABIX via COMTEX) -- Australia's Coles and Woolworths rank behind three of their UK supermarket counterparts when it comes to customer satisfaction. This is according to a survey by GAPbusters Worldwide, with the three...
Coles deal long way from being finalised.
Byline: Elizabeth Knight Jul 10, 2007 (The Sydney Morning Herald - ABIX via COMTEX) -- Wesfarmers' takeover bid for Australian retailer Coles Group still faces some hurdles. The outcome will be decided over the coming four to six weeks. Independent expert, Grant Samuel,...
Woolies widens lead on Coles.
Byline: Nabila Ahmed Jul 10, 2007 (The Age - ABIX via COMTEX) -- The CEO of Australian retail giant Woolworths has warned rival Coles that it will face a fierce battle to close the gap between the two retailers. Michael Luscombe says the...
Cashing in while rival's off its trolley.
Byline: Simon Evans Jul 10, 2007 (The Australian Financial Review - ABIX via COMTEX) -- Wesfarmers and Coles Group believe Woolworths is trying its hardest to destabilise their $A21bn merger. Wesfarmers has taken a unique opportunity to buy an Australia-wide chain of stores....
Double push in Coles PR battle.
Byline: Simon Evans Jul 10, 2007 (The Australian Financial Review - ABIX via COMTEX) -- Wesfarmers has taken out full-page advertisements in Australia's major daily newspapers to encourage Coles shareholders to accept its takeover offer. The ads, on 11 July 2007, emphasise Wesfarmers'...
Cheap screens offset dear milk.
Byline: Jennifer Hewett Jul 10, 2007 (The Australian - ABIX via COMTEX) -- Woolworths CEO Mike Luscombe has commented on the price fluctuations for consumer goods and groceries. The Australian retailer has issued its sales data for 2006-07, which show the effect of...
Strong economy fuels Woolies upgrade.
Byline: Fiona Tyndall Jul 10, 2007 (The Australian Financial Review - ABIX via COMTEX) -- Australian retailer, Woolworths, has upgraded its profit forecast after strong sales. On 10 July 2007, Woolworths announced that sales from its Australian food and liquor businesses rose by...
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Woolworths Company Info
NAICS Code
Discount Department Stores: 452112Brought to you by IBMSponsored Resources
