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Topic: Woolworths


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In the News (Thu 3 Dec 09)

  
  CNN.com - Woolworths posts strong profit rise - Feb. 24, 2003
Woolworths, a close second to Coles Myer in the total Australian retail market, said Monday it also would buy back between A$500 million and A$600 million of its shares, representing up to 6 percent of its issued capital.
Woolworths, which gets 85 percent of its revenue from its supermarkets group, said sales in this sector rose almost 13 percent to A$12.05 billion for the 28 weeks to January 12.
Woolworths' strong first-half result, which bettered analysts' estimates, and the stock buyback comes in the face of increased competition from arch rival Coles Myer and discount retailers such as Germany's Aldi.
www.cnn.com /2003/BUSINESS/asia/02/24/aust.woolworths.biz/index.html   (518 words)

  
 CNN.com - Woolworths pays $119m for 67 stores - June 4, 2001
Woolworths said on Monday the stores it is buying generate an annual turnover of about $635 million, but would make only a "minimal" profit contribution in 2001-02 after funding costs.
Woolworths chief executive Roger Corbett said the group would invest about $180 million in 2001-02 to buy and upgrade the stores.
Woolworths is the biggest supermarket chain in Australia, with annual sales of more than $11 billion.
archives.cnn.com /2001/BUSINESS/asia/06/04/aust.woolworths.biz   (412 words)

  
 Scotsman.com News - Woolworths
WOOLWORTHS has unveiled plans to concentrate on its online operations, placing internet access points in its stores, in the latest move to arrest a continued sales slump.
WOOLWORTHS today revealed a near doubling of first-half losses as sales slumped at its core business as the likes of supermarkets and the internet ate into the group's business.
WOOLWORTHS may find its high street presence much diminished if a takeover plan thought to be on the drawing board at Icelandic group Baugur comes to fruition.
news.scotsman.com /topics.cfm?tid=1002   (414 words)

  
 Woolworths -Australia- : FUJITSU
With supermarkets established throughout the country and more opening all the time, Woolworths is an integral and growing presence on the Australian landscape.
In these meetings, Woolworths may request new solutions or modifications to existing setups based on needs they have identified in the field.
Woolworths has found that Fujitsu is the right choice for retail solutions that you can count on.
www.fujitsu.com /global/casestudies/RETAIL_csww.html   (534 words)

  
 Woolworths Group - Wikipedia, the free encyclopedia
Woolworths Group plc was formed by the demerger of Kingfisher's general merchandise business, and began trading as a listed company on the London Stock Exchange on August 28, 2001.
Woolworths had previously tried the large out of town store or hypermarket format in the 1980s with the Woolco Stores which were later sold or closed down.
The lack of a Woolworths presence in Manchester city centre is attributed to an extensive fire which occurred on 8 May 1979 at a store located near to Piccadilly Gardens (where the Piccadilly 21 Nightclub is presently located) killed 10 shoppers.
en.wikipedia.org /wiki/Woolworths_Group_plc   (1353 words)

  
 BBC NEWS | Business | Apax pulls plug on Woolworths bid
Woolworths played down any concerns about its business, saying it was a "large, profitable" company.
Woolworths chairman Gerald Corbett said that "it is very difficult dealing with venture capitalists".
The problem facing Woolworths, he continued, was that the company did not have a very clear role to play on the High Street and consumers were unsure what exactly it offered.
news.bbc.co.uk /go/rss/-/1/hi/business/4443095.stm   (494 words)

  
 Woolworths Limited - Wikipedia, the free encyclopedia
In 1997, Woolworths launched the Metro concept in Sydney, converting their premier variety store for 32 years to this format with the lower ground floor specialising in a large range of ‘prepared meals’ to cater for the increasing numbers of city dwellers, a kind of convenience store.
Woolworths New Zealand was sold to the company that is now LionNathan in 1979 and was later sold to Dairy Farm International in 1990, now owned by Progressive Enterprises, a subsidiary of Foodland Associated Limited of Australia.
In 1997, Woolworths opened their first Metro store in Sydney, converting their premier variety store for 32 years to this format with the lower ground floor specialising in a large range of ‘prepared meals’ to cater for the increasing numbers of city dwellers, a kind of convenience store.
en.wikipedia.org /wiki/Woolworths_Limited   (2405 words)

  
 Woolworths Deploys .Net App in J2EE
To ensure that performance is optimal, Woolworths kept the application simple and let the J2EE application and portal servers handle security and data refreshes, Roets said.
Roets said that Woolworths, which operates department stores in Africa and the Middle East, saved 80% of the project cost by opting for the Visual MainWin approach over potential alternatives of hiring outside help or retraining its developers.
Woolworths’ development staff was skilled in the Microsoft tools environment, not J2EE technology.
www.computerworld.com /printthis/2004/0,4814,96180,00.html   (793 words)

  
 Environment
In 2001 Woolworths began a major program to reduce fruit and vegetable waste going to landfill by encouraging Supermarket Store Managers to work with local farmers to recycle green waste as animal feed and fertiliser.
Around 60 supermarkets already send produce waste to local farms and nurseries rather than landfill, and Woolworths is attempting to expand this to over 140 supermarkets in rural areas.
Woolworths has signed the Retailers Code under the auspices of the Australian Retailers Association which amongst other things binds Woolworths to an agreement to reduce plastic bag usage by 25% by the end of 2004 and 50% by the end of 2005.
www.woolworthslimited.com.au /community/ourcountry/environment.asp   (363 words)

  
 CNN.com - Woolworths prepares to be spun off - August 1, 2001 Posted: 0834 GMT
Woolworths was floated on the London Stock Exchange before, when it was owned by a U.S. parent of the same name.
Woolworths has become Britain's leading retailer of entertainment products and sweets and is the market leader in toys.
He said the current trade update should not be read as a profits warning, adding that Woolworths should achieve forecasts for pre-tax profits of around 50 million pounds this year, driven by positive underlying sales growth.
edition.cnn.com /2001/BUSINESS/08/01/woolies.reut   (674 words)

  
 Woolworths Final Results   (Site not responding. Last check: 2007-10-13)
Total Woolworths like-for-like sales were up 1.1 per cent; with the Mainchain up 1.0 per cent and Woolworths big W up 2.1 per cent.
The Woolworths big W concept was developed when Woolworths was part of Kingfisher and the absence of the Kingfisher supply chain in DIY, electrical goods and health and beauty products has weakened the proposition.
However, where Woolworths provides a facility for electronic top-up, it acts as an agent and commissions arising are shown as other operating income.
www.advfn.com /news_final-results_7190927.html   (4058 words)

  
 Mainsoft, Woolworths Case Study
Woolworths chose Visual MainWin for J2EE, an innovative cross-platform development solution that enables the retailer to develop DFR v 2.0 for deployment on a Sybase enterprise portal and J2EE application server, without having to retrain its developers.
Woolworths is significantly lowering its total cost of ownership, saving an estimated 85 percent in development fees, and reducing time-to-deployment by 60 percent using Visual MainWin, rather than outsourcing Java development.
Woolworths is also saving thousands of dollars in management software licenses, and boosting performance, by replacing DFR v 1.0 with a home-grown, J2EE-based system.
www.mainsoft.com /solutions/woolworths.aspx   (518 words)

  
 Woolworths marches on
Woolworths believes that it will be able to leverage its retail experience and scale into New Zealand to enhance Foodland’s customer offer, buying, merchandising, supply chain, information technology and store standards.
He said Woolworths is also looking at the financial services and insurance sector as superannuation choice is ushered in.
Woolworths has been lobbying for quite some time to run a trial pharmacy staffed by pharmacists within their supermarkets.
www.ferret.com.au /articles/56/0c030356.asp   (466 words)

  
 BITC - Woolworths Group plc   (Site not responding. Last check: 2007-10-13)
Woolworths Group plc is Britain’s leading general merchandise retailer, with great brands, strong market positions and a powerful position in Home Entertainment.
Formed in 1999 after research conducted with its customers and employees, this registered charity has to date raised nearly £2 million through the activities of Woolworths employees, of which £600,000 was raised in the last financial year for children’s causes of their choice throughout the UK.
In 2001 Woolworths was awarded the ‘Business in the Community’ Big Tick in recognition of the excellence of its corporate social responsibility programme with Woolworths Kids First.
www.bitc.org.uk /directory/members/woolworths.html   (575 words)

  
 CNN.com - Woolworths sees strong result ahead - Jan. 27, 2003
Woolworths CEO Roger Corbett said the group expected full year sales to grow by between 10.5 and 11.5 percent.
Woolworths stock is moving against the market's general downtrend and sits up 0.17 percent at A$11.62 in early afternoon trade.
Grocery chains such as Woolworths are regarded as relatively insulated from any war-induced downturn in consumer spending.
edition.cnn.com /2003/BUSINESS/asia/01/27/aust.woolworths.biz   (289 words)

  
 BITC - Woolworths plc – Woolworths Kids First   (Site not responding. Last check: 2007-10-13)
Launched 5 years ago to reinforce Woolworths’ position as a retailer at the heart of the local communities that it serves and to encourage employee involvement in those communities, Woolworths created the charity Woolworths Kids First.
Woolworths Kids First is an independent registered charity set up by Woolworths in response to consumer and employee research.
Woolworths Kids First engages employees in making decisions as to how they can best enrich the lives of children in their local communities.
www.bitc.org.uk /resources/case_studies/woolieskidsfirst.html   (363 words)

  
 Maleny Voice
GPD is an anti-competitive trick used by Woolworths by lowering the prices on all goods when they open a new store in the country (such as Maleny), thereby making it impossible for local business to compete and the locals are then driven to ruin and bankruptcy.
We believe a large chain such as Woolworths should not be able to “price flex” subject to local competitive conditions – our laws should be like they are in Canada, where a large chain must have one price at all locations, to ensure fair competition.
Woolworths has been using biometric finger-scanning technology for several years to monitor the attendance of its employees, despite concerns that this is an unnecessary invasion of privacy.  Now it seems the corporation may have gone a step further.
www.malenyvoice.com   (2398 words)

  
 The World Today Archive - Record sales at Woolworths
It's a consistent result and I think at this stage it could be described as steady and we anticipate that our volumes will remain and our growth in the first quarter, much as it has been throughout the year which concluded for us in June.
In this last 12 months we've seen that position arrested and Woolworths' performance relative to Coles Myer as being on a relative par or slightly ahead.
ZOE DANIEL: Woolworths employs 130,000 Australians and its network of stores across the country provides a leading indicator on the health of the economy.
www.abc.net.au /worldtoday/stories/s325880.htm   (586 words)

  
 Bloomberg.com: Asia
Woolworths shares were trading at A$5.55 when Corbett became CEO of the 82-year-old company on Jan. 1, 1999.
Woolworths stock is rated the equivalent of ``buy'' by five of the 13 analysts tracked by Bloomberg.
The Australian Woolworths isn't related to London-based Woolworths Group Plc, which was founded in 1909 as part of its U.S. parent's expansion, or Woolworths Holdings Ltd., located in Cape Town, South Africa.
www.bloomberg.com /apps/news?pid=10000080&sid=afMp_BhZu2rk&refer=asia   (606 words)

  
 PM - Woolworths and Coles deny Trade Practices Act breaches
MARK COLVIN: Woolworths and Coles deny that they breached the Trade Practices Act by persuading hotels not to run bottle shops in competition with their stores.
Woolworths Chief Executive Roger Corbett says the companies were merely engaging in normal industry practice.
ROGER CORBETT: Well, he's had… he's had some action against Woolworths and that's, I suppose, to be expected in a company the size of Coles and Woolworths, that's to happen.
www.abc.net.au /pm/content/2003/s891657.htm   (522 words)

  
 Woolworths to sell cars online - Automotive Business Review
General merchandise retailer Woolworths is set to sell new cars on its website this week according to the Sunday Mirror.
Woolworths has launched the scheme as part of an expansion of its website.
Woolworths is not the first UK retailer to diversify into the car market; Sainsbury's also operates a car retail service online.
www.automotive-business-review.com /article_news.asp?guid=EBD93E02-9CCE-42DB-AA3F-AD08F221BE64   (231 words)

  
 Woolworths Straddles Java and Microsoft .Net Divide - News by InformationWeek   (Site not responding. Last check: 2007-10-13)
Feb 16, 2005 01:00 PM Marius Roets, integration architect for Woolworths Holdings Ltd., is trying to keep one foot in Microsoft's.Net world and the other in the Java world.
Woolworths of South Africa, the 315-store chain at the heart of Woolworths Holdings, employs 250 developers, who for the past five years have learned to use Microsoft's Visual Studio.Net tools.
The development goal was to produce a monitoring and management system that would let the Woolworths service-management team spot and resolve data-flow issues for the South African store chain and the larger, franchisee-owned stores located elsewhere in Africa, the Middle East, and Australia.
www.informationweek.com /story/showArticle.jhtml?articleID=60401177   (786 words)

  
 Woolworths posts billion-dollar profit. 21/08/2006. ABC News Online   (Site not responding. Last check: 2007-10-13)
Australia's largest retailer, Woolworths, has posted a $1 billion profit for the past financial year.
The result, which is the first billion-dollar profit for the company, is up 24.3 per cent on the previous year.
Woolworths says sales were up 20.4 per cent to $37.6 billion while earnings before interest and tax topped $1.7 billion - an increase of 32.3 per cent.
www.abc.net.au /news/newsitems/200608/s1719701.htm   (364 words)

  
 Our stores
In 2002, when Foodtown and Woolworths stores joined forces under the Progressive Enterprises umbrella it was with a very strong commitment to our customers; - 'To deliver altogether better product, service and prices, everyday and in every category'.
Woolworths Quickstop are mini supermarkets that stock a fabulous range of supermarket products - both general grocery and fresh foods.
Foodtown and Woolworths Online Shopping is the quick and easy way to shop from home or office and have groceries delivered to your door anywhere in New Zealand.
www.progressive.co.nz /about_us/our_stores/index.asp   (481 words)

  
 Woolworths tackles supply-chain ICT: ZDNet Australia: News: Business
27 February 2006 04:22 PM A heavily technology-based restructuring program at Woolworths is expected to yield AU$4.9 billion in savings by the end of this financial year, with supply-chain improvements the current focus, according to the retailer.
Woolworths was starting to utilise the advantages provided by these systems "and more will follow as we roll out our new point of sale technology during 2006," he said.
Woolworths said AU$1.3 billion of the savings from Project Refresh were expected to be achieved during the current financial year.
www.zdnet.com.au /news/business/soa/Woolworths_tackles_supply_chain_ICT/0,139023166,139240326,00.htm   (683 words)

  
 CNN.com - Coles Myer posts record sales - Aug. 14, 2003
Coles and Woolworths are locked in a long-running battle for control of Australian consumer spending.
Offering discount petrol to shoppers has been a key part of the battle, with Woolworths getting a handy head start from the 287 sites it already operates, 210 of which are in its carparks or next to a Woolworths store.
Woolworths said last month its fuel sales rose 56 percent to A$1.71 billion in the year to June 29.
cnn.com /2003/BUSINESS/08/14/australia.coles.biz/index.html   (429 words)

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