Masters all zoned out.
Woolworths CEO and managing director, Grant O’Brien, has announced his retirement today amidst reports the company will retrench 1,200 people as part of a new project aimed at driving returns to shareholders.
Brad Whatmough GM advertising for The Good Guys will share some of the retailer's tricks of the trade at an industry event called Big Insight Not Big Data hosted by POPAI, the global association for marketing at retail.
Increased prominence of private label and house brands, new loyalty and credit card programs, changes to staffing and a renewed focus on Asian customers are all part of David Jones' new strategy under South African ownership.
The ACCC today launched an unprecedented Federal Court case against Woolworths regarding the safety of several products the supermarket chain has historically sold through its various retail brands.
The ACCC has greeted the repealing of the so-called Carbon Tax by warning wholesalers and retailers of their legal obligation to pass through savings caused by this removal onto the customer.
Aldi has argued against taking any steps to sign the food and grocery code of conduct until it receives feedback from the Australian government and the Australian Competition and Consumer Commission.
Coles and Woolworths have come to a voluntarily agreement with the Australian Competition and Consumer Commission to cap their fuel discounts to 4 cents per litre.
The Australian Competition and Consumer Commission has outlined concerns in a Statement of Issues over a proposed acquisition of the St Kilda Renaissance Supa IGA by Woolworths Limited.
Dick Smith Holdings has now been officially listed on the Australian Securities Exchange but the hype around the consumer electronics business making its debut has fallen a little short.
Independent Senator Nick Xenophon, together with representatives from Australia's grocery, retail and motor trades sectors, is calling on the government and the ACCC to nstitute an immediate moratorium on fuel discount shopper dockets.
Australia’s two largest supermarket Coles and Woolworths have agreed they will provide greater certainty and clarity about their dealings with suppliers without adding complexity or cost to the consumer goods sector.
Retailer associations and the federal government are working together to see enforcement action to be undertaken to address competition issues within the supermarket retail sector.
Supermarket giant Woolworths has achieved a 4.5 per cent increase in first quarter sales for the 2014 financial year.
Coles and Woolworths continue to battle it out as each partner with an international chef. Coles has signed on Heston Blumenthal while Woolworths has partnered up with Jamie Oliver.
A new rewards program is being launched in November in an aim to help level the playing field of the fuel discount war, which has got the consumer watchdog and a number of retail organisations raging.
Woolworths continues to focus on its strategic priorities, which were initially outlined in 2011, as it continues to see good momentum in its results.
Now that the election is truly over, retailers continue their rally for the new federal government to move quickly to shut down the major chainsâ€™ â€œexcessiveâ€ fuel shopper docket discounts.
Woolworths is considering launching a new label called 'Woolworths Local' in an attempt to build its relationship with local farmers and suppliers, according to reports by Fairfax.
The Australian Competition and Consumer Commission has not opposed Woolworths' proposed acquisition of three Supa IGA supermarkets in Queensland.
Despite reporting losses in its Masters business, Woolworths has still managed to come out on top for the full year of 2013 achieving a net profit of $2.25 billion.
Woolworths will pay $306 million for New Zealand-based direct retailer EziBuy.
New research from Woolworths has revealed Sunday is fast becoming the new Saturday and consumers are no longer making weekly but daily trips to the supermarket.
Woolworths has terminated cash out transactions at its BWS stores base on a spike in numbers of armed robberies.
The new Dick Smith has immediately demonstrated that it is thinking outside the traditional bricks and mortar box, revealing that from next week, consumers will be able to purchase directly from a new app.
Woolworths Limited has reported group sales of $59.2 billion for the past financial year, saying that, despite consumer uncertainty, the retailer is undergoing "transformation" and seeing solid growth.
Australian Competition and Consumer Commission has warned Coles and Woolworths over escalating shopping docket petrol discounts – which in some cases are now reaching 45 cents per litre.
Woolworths has announced the retirement of non-executive director Sir Roderick Deane and John Astbury, effective 31 August 2013.
Woolworths revealed that its Masters home improvement business is hemorrhaging money, losing almost $160 million before interest and tax.
Dick Smith has confirmed it will 'expand its footprint' across Australia and New Zealand following its final release from former parent company, Woolworths Limited
Woolworths has agreed to make changes to its potentially misleading advertising campaign for its car insurance products, following concerns raised by the Australian Securities and Investments Commission.
The Australian Competition and Consumer Commission has given Woolworths the thumbs up to acquire the Supa IGA supermarket in Hawker, Australian Capital Territory.
Owners and managers of retailers including Dick Smith, Myer, David Jones, Woolworths and Rebel Sport are some of top 25 finalists in the running for the National Retail Association Young Retailer of the Year title.
Both Coles' Ian McLeod and Woolworth's Tjeerd Jegen have made clear that they do not believe lowering the GST threshold is the key to improving retail competitiveness.
Supermarket bosses Ian McLeod of Coles and Tjeerd Jegen of Woolworths Supermarkets and Petrol have both dismissed independent MP Bob Katter's Bill to reduce their market share to 20 per cent each.
Details of a new voluntary code of conduct is currently being finalised following negotiations between Woolworths, Coles and the Australian Food and Grocery Council.
Grocery shopping at any time of the day with Woolworths will be available to residents and visitors of Brisbane Airport's Skygate retail precinct.
Woolworths is giving its customers they're after – quality products at lower prices – by adding 1,000 more products to its existing Extra Special savings.
Woolworth's proposed acquisition of a supermarket site at Glenmore Ridge in the suburb of Glenmore Park, New South Wales has been rejected.
Woolworths is slashing up to 33 per cent off on fresh and big brand products as part of its Every Day value price cuts.
Woolworths has completed the implementation of analytic data solutions company Teradata's data warehouse appliance platform in collaboration with Teradata professional services.
Woolworths has launched an airport grocery collection at Melbourne Airport, the second busiest airport in the country.
Aldi is doing a good job in keeping their customer satisfied, according to the latest Roy Morgan Supermarket Satisfaction report.
The ACCC has decided to allow seven dairy farmers from Manning Valley in New South Wales to collectively bargain with Woolworths and Milk2Market for three years.
Continued focus on utilising customer data to provide targeted offers has helped Woolworths power through the challenging retail conditions.
Woolworths has launched a new beauty bar format that is currently being piloted at Sydneyâ€™s CBD supermarket at Town Hall.
Woolworths and CHEP Australia partnered up identifying gaps in procedures and implementing best practice.
ModelCo is making its products more accessible by launching a new product selection into Woolworths nationwide
Woolworths continues to run second after Coles following the release of the grocery giant’s first half year sales results.
Woolworths and Wesfarmers joins Deloitte’s top 20 retailers list.
Google's annual Australian Brand Zeitgest has revealed local retailers are still the most searched.
Coles has reached an agreement with ACCC to establish a protocol for single supermarket acquisitions.
Woolworths Limited has released its first quarter results for the 14 weeks until 30 September, seven days before it sold the struggling Dick Smith retail business to Anchorage Capital Partners.
Woolworths has announced a proposal to create Shopping Centres Australasia Property Group, a newly established Real Estate Investment Trust REIT owning a portfolio of quality Australian and New Zealand shopping centres.
Woolworths home improvement chain Masters will be opening new warehouses in along the Eastern Seaboard over the next few months, including a new store in Sydney, where it has struggled to find suitable locations.
Woolworths Limited has just announced the signed share sale agreement for the divestment of Dick Smith Electronics, with private equity firm Anchorage Capital Partners coming on board.
The ACCC has called on for comments on Woolworths’ proposed acquisition of a supermarket site in Glenmore Ridge in Sydney.
Woolworths has introduced 'Sticky Specials' that allow customers to pick, stick and save on selected products.
Big box retailer Costco is looking to go against Woolworths and Coles in the discount petrol market.
Due to the restructure of Dick Smith electronics business, which is costing the company $420 million, Woolworth’s has reported a net profit of $1.8 billion, down 14.5 per cent for the 2012 full year to June 24.
After RetailBiz reported the launch of Woolworth's drive-thru option, we were contacted by Coles, informing us the concept is in fact not Australia’s first drive-thru supermarket.
Dick Smith’s managing director, Debra Singh, is set to depart in August following 11 years working with the company.
Australia’s major food and grocery retailers have united in a call for suppliers to use the recall notification system GS1 Recallnet to better protect consumers.
The plan by Woolworths to off-load its Dick Smith electronic stores is moving ahead with formal negotiations taking place with a number of parties.
Hamilton Harbour is on its way to becoming Brisbane's best new retail, dining and lifestyle destination with Woolworths signing on as key anchor tenant.
Westfield Group is expanding its gift card offering with Woolworths being the latest retailer to accept the cards.
The ACCC has called for for comment on Woolworths/Lowe's joint venture's proposed acquisition of three hardware stores owned by G Gay & Co in Victoria.
For the first time in 24 years, Woolworths is putting one of its Sydney metropolitan supermarkets up for sale.
Sales continue to improve for Woolworths after it announced total group sales reached $14.1 billion, an increase of 3.8 per cent on the previous year in its third quarter sales.
Two major independent liquor groups have announced their intention to merge, in a bid to take on Woolworths and Coles’ liquor businesses.
Suppliers to the two supermarket giants have dobbed them in to the Australian Competition and Consumer Commission (ACCC) for "unconscionable conduct'".
At Woolworths' 'baby shower' the company unveiled its new 'baby' with the announcement of the Woolworths Baby and Toddler Club.
Woolworths’ net profit after tax has dropped more than 16 per cent to $966.9 million, as a result of the Dick Smith restructure but said there are plans for future grwoth in the home improvement market.
Woolworths has been listed as Australia’s top most valuable Asia Pacific retail brand for 2012 at $4.2 million, according to Interbrand’s Best Retail Brands report.
The virtual supermarkets, which are only trial for a week, will allow customers to purchase more than 120 products by scanning barcodes using their phones.
TorchMedia has partnered with Woolworths to offer the retailer online advertising solutions and sampling through its online shopping portal.
Danks has added the Victorian G Gay & Co hardware network to its group, acquiring three stores as part of the process.
Expected to see the closure of up to 100 underperforming stores over the next two years, Dick Smith will be divested to interested buyers.
Woolworths has produced what has been described as "solid" half-year results with sales reaching $29.7 billion, a 5 per cent increase on the previous year.
Christine Cross, David Mackay and Michael Ullmer have all been welcomed to the company as non-executive directors.
Woolworths has quietly leaped into competition with likes of DealsDirect, Scoopon and CatchoftheDay, launching its very own daily deal website, Door Buster.
A liquor regulator has approved an application by supermarket Woolworths to open a new Dan Murphy's outlet despite concerns raised by a public health agency.
Continuing its expansion across the country, Masters Home Improvement has opened its first NSW store in Gregory Hills, a south western suburb of Sydney.
Stepping up to his new position as company CEO, Grant O'Brien highlighted that while there are succeeding parts of the business there are also others that are not performing so well.
Woolworths is seeking approval from Australia's competition watchdog to acquire a takeaway liquor licence in an area in which it already operates three liquor stores.
As part of the supermarket chain's long-term plan, it aims to ensure all seafood is sourced from sustainable outlets by committing to have all of its wild-caught seafood range MSC certified or equivalent
Federal industry minister Kim Carr has lashed out at supermarket giants Coles and Woolworths for abusing market power.
At its investor briefing, Woolworths Limited announced several plans for the company including its multi-channel ambitions, a a push on own brand products and revising the strategy for Dick Smith.
It food and liquor sales for the first quarter saw sales increase 4.4 per cent to $9.7 billion but it wasn't enough to beat Cole's 5.2 per cent increase.
Danks has acquired the business and assets of Tait Timber and Hardware in Victoria, which includes two stores located in Tooronga and Somerville.
Woolworths will spend up to $100 million rolling out its Masters big box outlets during the 2012 financial year, with 15-to-20 warehouses planned per year.
Myer has restructured its executive team after its executive general manager merchandise Penny Winn resigned, moving over to Woolworths.
The highly anticipated joint venture project between Woolworths and US company Lowe's finally opened its first doors last week in Braybook, Melbourne.
The company will be the sole provider of all docket receipt rolls that will be distributed at the point-of-sale in Woolworths and Big W stores.
Woolworths will wave goodbye to Graeme Danks, general manager of Danks, who will be retiring after 40 years in the hardware business.
Woolworths will be raising its competitiveness by expanding its financial services offer with the launch of Woolworths Insurance.
Net profit rose from $2.04 billion to $2.12 billion from the previous year while revenue increased 4.9 per cent to $54.51 billion.
This comes following Greg Foran's recent announcement of stepping down from the position to "pursue other interests".
Beefing up its battle against Woolworths and Coles, Aldi will be reducing prices on a number of its products to help customers particularly at a time with rising costs of living.
After 10 years serving in senior roles at Woolworths, Greg Foran has resigned from his current position as director of food, liquor and petrol for Australia and New Zealand.
Retail giant Woolworths announced on Monday that it plans to open a new Dick Smith retail shopfront in the Majura Park precinct near Canberra Airport.
Having taken part in the supermarket price war with rival Woolworths, Coles has reiterated that dropping grocery prices significantly is not hurting Australia's agricultural sector.
DIG thumbnail labels already feature on more than 4000 supermarket products across Australia and Woolworths’ plans to increase the use of DIG to its full range of products within the next 12 months.
DealsDirect.com.au launched SupearmarketDeals.com.au, an online grocery store that sells discounted groceries at up to 30 per cent off the recommended retail price.
E-commerce represents only three to four per cent of the Australian retail industry, which is half compared to the US and the UK, showing there is still e-commerce growth yet to come.
In a market ruled by supermarket giants like Coles, Woolworths and Aldi, the arrival of a new mega-retailer is not exactly a David and Goliath story. It’s more of an epic battle of the Titans.
The Williams Landing planned community will be home to a Woolworths supermarket, Big W and a Masters home improvement store, with a total leased area of 25,400 square metres.
Woolworths will be offering its customers contactless payment through Visa payWave for transactions of up to $100. It will be rolled-out across all of its brands.
The NSW Food Authority has busted Woolworths and Coles for falsely describing the origin of fruit for sale in two Sydney stores, Minister for Primary Industries, Katrina Hodgkinson said.
Following an incident at one of its distribution centres, supermarket chain Woolworths has introduced a new national standard for training forklift operators.
A year after Metcash’s acquisition of a 51 per cent share in Mitre 10 Group, the hardware is reorganising its operations and growing its network across the country.
Brand owners, marketers and vendors are now able to pay to gain access to rich customer data that will enable them to learn about different customer segments within traditional supermarket categories.
While global economic conditions continue to be tough, Woolworths has experienced overall sales growth of 5.1 per cent in the first nine months of the trading year.
The company will continue its two decade long relationship by providing catalogue distribution services for the supermarket giant, with the agreement covering all brands within the group
The Nielsen Company's Top Media Advertisers report found that the industry spent $2.18 billion on advertising in 2010, which is a 7 per cent increase from 2009.
Supermarket retail Woolworths is listening to its customers and has announced a sustainable fish sourcing strategy where it will introduce MSC-certified canned salmon and tuna
Research f the Asia-Pacific region by Datamonitor has revealed that almost half of consumers are choosing to shop based on where they can buy private labels.
Woolworths has put out a request for information (RFI) to all suppliers and importers of palm oil in Australia to provide insight into the current availability of sustainable palm oil that is certified by the RSPO.
The business, which had recently announced a 6 per cent increase in its half-year, said The Cellarmasters Group will be an add-on to its existing liquor portfolio of Dan Murphy's, BWS, Woolworths Liquor and Langton's.
Supermarket giant Woolworths has reported a 6 per cent increase of its net profit after tax to $1.16 million for the 27 weeks ended 2 January.
Both Woolworths and Coles are still on the ground and have begun assessing the condition of stores, indicating little damage was done except Woolworths at Mission Beach suffered some roof damage.
Woolworths has confirmed with Retailbiz that it has lodged a complaint with the ACCC over the behaviour of Wesfarmer's hardware retailer Bunnings.
The high uptake of Amaysim through the retail channel has surprised CEO Rolf Hansen, with the German boss of Australia’s newest telecommunications player saying that his pared down alternative to the Big Threes moving swiftly towards mass market.
Woolworths has downgraded its full-year 2011 net profit growth guidance to a range of 5 to 8 per cent from a range of 8 to 11 per cent despite seeing a sales increase in its first half year results.
Woolworths and Wesfarmers are the only locals that made it to Deloitte's Global Powers of Retail 2011 list of 250 largest retailers, which was based on their sales performance for the fiscal year 2010.
Leading supermarkets and retail organisations are working together to resupply existing stores, Scott Driscoll, United Retail Federation national president, told Retailbiz.
Woolworths-owned hardware group Danks has acquired two hardware businesses â€“ Magnet Mart and Flatman's Timber & Hardware.
Woolworths has decided to bring its liquor label Dan Murphy's online with an e-Commerce website.
It has commenced 46 new energy saving initiatives in-store and distribution centres including retrofitting 98 supermarkets with energy efficient technology.
Supermarket giant Woolworths has joined forces with Qantas, HSBC and MasterCard to bring an all-in-one combined credit and loyalty card that will enable customers to be rewarded with points.
Across all North Queensland Woolworths, 'Nth Qld Grown' labelling will be introduced for all North Queensland sourced fruit, vegetables and seafood.
The $13 million development for the corner of Anambah Road and Mustang Drive, is expected to create between 130 and 150 jobs once complete.
It may seem that "store brands" such as Woolworths Home Brand and Coles Smart Buys are ending up in shopping baskets more than ever before.
The Victorian Planning Minister Justin Madden has rejected the supermarket giant's permit application and rezoning request in Geelong.
Woolworths will be selling $900 million of its retail sites from its portfolio.
Woolworths says it's on track to securing 150 sites within the next five years as part of its plan to enter the $24 billion plus hardware retail sector.
The country’s largest retailer, Woolworths, has made a solid annual profit of $2 billion, which is a 10.1 per cent increase from the previous year.
Consumer group CHOICE has called on Australia's supermarket chains to post their shelf prices online to prove that price cuts have been made to groceries.
The sweet taste that Australians developed for private labels during the global financial crisis shows no sign of turning sour as economic conditions improve, with IBISWorld forecasting strong growth in established and emerging markets.
Australian supermarkets are adopting various strategies to tap into the growing trend to 'go local'.
Woolworths this week announced full year sales of $51.7 billion, a $2.1 billion or 4.2 per cent increase on the previous year.
Darwin shoppers may never need to visit a supermarket again with Woolworths announcing the city's residents will be the first in the Territory to experience its online supermarket service.
Woolworths and its US joint venture partner Lowe's are opening their first Home Improvement store in Springfield Central, Ipswich.
Woolworths has announced the resignation of non-executive director Alison Watkins, who is leaving to take up a new role as CEO of GrainCorp.
Danks has acquired the business and assets of Gunns retail division in Tasmania. The acquisition includes five hardware stores in Tasmania, one timber joinery centre, one truss manufacturing plant and a support office.
Retail chain Woolworths is being challenged to an 'opinion poll tie breaker' by Mullumbimby, a small town on the NSW Far North Coast which is fighting plans for a new big-box supermarket.
Following Coles' announcement that it is implementing a national price policy, Woolworths announced it's reducing the shelf price of thousands of supermarket products.
Woolworths has announced that half year sales have increased six per cent to $27.2 billion with Big W, Dick Smith and Woolworths supermarkets all showing growth.
Despite economic talk turning towards recovery, IBISWorld predicts rising interest rates and the absence of cash hand-outs will see consumers saving more than spending this Christmas.
Metcash is planning a takeover bid for Mitre 10, aiming to acquire 100 per cent of the group in either 2012 or 2013 and become the 'champion of the independent hardware retailer'.
At the Woolworths Limited annual general meeting, CEO Michael Luscombe has outlined the strong performance of the entire company's retail stores and how they have taken advantage of the economic downturn.
Woolworths' and Lowe's takeover bid for Danks will go ahead after clearance from the ACCC.
Woolworths announced first quarter sales of $13.4 billion, as sales increased 7.4 per cent.
Big W has recalled 27 styles of children's sleepwear after the Australian Competition and Consumer Commission revealed that the nightwear was incorrectly labelled 'low fire danger'.
As part of the national Woolworths Fresh Food Kids Hospital Appeal, the supermarket chain is running a raffle to raise funds for the Royal Children's Hospital Foundation.
The agreement between ACCC and Coles and Woolworths to phase out all restrictive provisions in supermarket leases will create opportunities for smaller players such as Aldi.
The Australian Retailers Association (ARA) supports the ACCC's plan to phase out all restrictive provisions in supermarket leases.
The Australian Competition and Consumer Commission has reached an agreement with Coles and Woolworths to change the way lease agreements with shopping centre landlords are managed.
Up to 15,000 direct and indirect jobs will be created in Victoria in the next five to seven years due to Woolworths/Lowe's home improvement venture.
Don Stallings, formerly president of Lowe's Canada, has been appointed CEO of the new Woolworths/Lowe's home improvement joint venture, while Melinda Smith will be COO.
Metcash stands to lose $420 million in sales in the 2011 financial year following Woolworths' decision to cancel its supply contract in Queensland with the company's liquor division.
Residents of the Gold Coast will be the first in Queensland to experience Woolworths online supermarket when the service launches this week.
Woolworths' final profit report for the year ending 28 June 2009 shows that the company is continuing its dominance across the retail market with a net profit after tax of over $1.83 billion and sales just under $50 billion.
Woolworth's announcement yesterday that it is entering the hardware market after acquiring Danks Holdings came as no surprise to some.
Woolworths has just announced it will be entering the $24 billion hardware sector with a recommended takeover of Danks Holdings Limited, Australia's second largest hardware distributor.
Graeme Samuel, chair of the Australian Competition and Consumer Commission has said that some people need a reality check when it comes to the activities of major supermarkets.
Woolworths has launched a pre-paid mobile service with no hidden charges, no caps, no peak or off peak rates and no lock-in contracts.
Woolworths has announced full year sales of $49.6 billion, on a 52-week normalised basis sales increased by $3.4 billion, or 7.5 per cent on the previous year.
Australian consumers are already benefiting from unit pricing at the country's largest supermarkets, said the Australian National Retailers Association.
Woolworths is already more than three quarters of the way through the rollout of the scheme, with 15,000 products in every store now displaying the price per unit of measure.
Woolworths and Qantas have entered a loyalty partnership which allows customers to earn Qantas Frequent Flyer points as part of their everyday shopping.
All trolleys at Woolworths stores in Buranda, Moorooka, Toowong and Bulimba have recently been fitted with the coin lock boxes after the stores were identified as being in trolley loss hot spots.
A commercial piggery operator, who supplies Woolworths supermarkets, has appeared in court in Tasmania on several animal cruelty charges.
Coles and Woolworths supermarkets are offering customers a range of alternative checkout bags in preparation for the State Government's single-use plastic bag ban coming into effect today.
The Trolley Tracker app will allow people to instantly report an abandoned Woolworths or BIG W trolley. It will run alongside its already established Trolley Tracker hotline and website.