Woolworth's four key strategic goals, which were laid out 12 months ago, are beginning to pay off with the company off to a good start.
The ongoing difficulty of Woolworths and its joint venture partner Lowe's to establish its Masters big box hardware and appliance warehouses in Australia took another turn when the ACCC confirmed it would oppose its acquisition of a existing competitor in
Woolworths Limited and Mirvac opened a $250 million DC consisting of two huge sheds with the latest technology that the company says will take retail logistics to the next level.
Woolworth has launched the country's first drive-thru supermarket at Woolworths Warringah Mall in Sydney that will allow customers to collect their shopping without leaving their car, free of extra charge.
Australia's four major banks and Woolworths and Coles will be the only beneficiaries if new regulations of the eftpos payment system are allowed, Tyro Payments warned.
Coles has lifted its total food and liquor sales growth for the full year of 2012 as a result of the increase in customer numbers and increased basket size, beating rival Woolworths.
Woolworths has overcome a series of difficult trading, lifting its total group sales by 4.7 per cent to $56.7 billion for the 2012 financial year.
Just two days after announcing it was going to slash fruit and vegetable prices as part of its Super Specials campaign, Coles has said it will be making further price cuts to selected products in the same range.
While it may appear nothing but doom and gloom in the retail sector, Woolworths has posted slightly positive sale results of a 4.7 per cent increase on the previous year.
Spanish clothing giant Zara has unveiled its new eco-store model at the launch of its latest Australian store in Melbourne.
Woolworths and US chain Lowe's announced it as the brand that will help make their entrance into the $42 billion Australian home improvement sector.
After consulting with competitors, suppliers and customers, the ACCC has pproved Woolworth’s proposed acquisition of The Cellarmasters Group.
Woolworths’ Michael Luscombe has announced he will be retiring from his position as managing director on 30 September 2011 and will be replaced by Grant O’Brien.
Woolworths has denied media reports it is involved in a 'beer war' with the Foster's Group after the beer producer recently refused to deliver stock to several retailers.
The supermarket giant said in a statement that the committee hearing will "provide greater transparency and understanding of the milk supply chain, and the factors that drive the farm gate for Australian dairy farmers".
Coles has seen its food and liquor sales for the second quarter rise 6.7 per cent on the previous corresponding period to $7 billion following Wesfarmers' announcement of its second quarter retail sales results.
Chairman James Strong announced the appointment of Jillian Broadbent and Ralph Waters as non-executive directors.
The war between Australia’s supermarket giants continues after Coles decided to slash its Coles Brand fresh milk prices by 33 per cent.
Plants Plus Garden Centres will now have access to an ANZ EFTPOS, which has been tailored to provide maximum flexibility and return on investment.
The recent decision by the Victorian Government has helped fast track its hardware store plans.
The stores will be part of the first cluster of 'Project Oxygen' home improvement stores - a joint venture between Woolworths Limited and US retailer Lowe’s.
Coles has beaten its supermarket rivalry Woolworths with a 6.2 per cent growth in food and liquor sales of $6 billion in the first quarter.
Supermarket giant Woolworths has announced a "solid first quarter" with sales up to $13.9 billion from $13.367 billion in the same period of last year.