Woolworths Group Ltd
Woolworths Group Limited is an Australia-based retailer.
The business
Woolworths Group Limited is an Australia-based retailer. The Company's segments include Australian Food, Australian B2B, New Zealand Food, W Living, and Other. The Australian Food segment is engaged in procurement of food, drinks and related products for resale and provision of services (including eCommerce) to retail and business customers in Australia. The Australian B2B segment includes procurement and distribution of food and related products for resale to other businesses and provision of supply chain services to business customers in Australia. The New Zealand Food segment includes procurement of food, drinks and related products for resale and provision of services (including eCommerce) to retail and wholesale customers in New Zealand. The W Living segment includes procurement of discount general merchandise and pet products for resale to retail customers in Australia and New Zealand. The Other segment comprises Quantium and various support functions.
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Latest news
OMG Group Increases Range of PrOATein RTD Products Available in Woolworths Stores Nationwide
OMG Group (ASX: OMG) has secured a deal with Woolworths Group (ASX: WOW) to increase the exposure and sales of its Oat Milk Goodness (OMG) PrOATein ready-to-drink (RTD) products. The company will stock its chocolate- and coffee-flavoured PrOATein drinks on the shelves of 943 supermarkets nationally from November. 896 stores (up from 466) will now […]
Woolworths CEO Brad Banducci to step down, group posts $781m half-year loss
Woolworths Group (ASX: WOW) has confirmed that chief executive officer and managing director Brad Banducci will step down from the role in September after 13 years with the company and more than eight years in charge. The news comes just days after a bungled interview with the Australian Broadcasting Commission’s (ABC) Four Corners program, in […]
Woolworths hits $1.6b profit despite higher prices and changing buying habits
Supply-driven inflation and a return to more normalised shopping habits, including weekend and evening sales, have been large contributors to a 4.6% rise in full-year profits for Woolworths Group (ASX: WOW). Australia’s largest grocery chain today announced an annual net profit after tax from continuing operations of $1.62 billion compared with $1.55 billion a year […]
How to save yourself from the tap and go rip-off
Innovation is meant to make everything easier and cheaper and there is little doubt that tap and go payments have done the first bit very nicely. More than half of all in person transactions are now tap and go with people voting with their cards and phones for the convenience of a rapid green tick. […]
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