Woolworths Supermarkets (New Zealand)

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Topic: Woolworths Supermarkets (New Zealand)

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	Progressive Enterprises - Wikipedia, the free encyclopedia
		Progressive acquired the New Zealand supermarket group Woolworths Supermarkets NZ in 2002, following a lengthy Competition Commission adjudication [1] and court battle with competitor Foodstuffs that ended in the Privy Council ruling[2] for Progressive.
		Progressive Enterprises Limited is a New Zealand company, and a subsidiary of the Australian retail group Woolworths Limited.
		On 25 May 2005 it was announced that Woolworths Limited, one of Australia's largest retailers, would be purchasing Progressive along with 22 Action stores in Australia.
	en.wikipedia.org /wiki/Progressive_Enterprises (220 words)

	InternetRetailer.com - Press Releases
		Woolworths Limited is an Australian retail company operating supermarkets, general merchandise, liquor, petrol, hotel and consumer electronics stores in Australia and New Zealand.
		The agreement covers the Asia Pacific region and allows for the deployment of Retalix StoreLine as a consistent platform throughout all Woolworths stores, commencing with 730 Woolworths Supermarkets and 120 BIG-W general merchandise stores.
		Woolworths is Australia`s leading retailer with a food, liquor and grocery market share of 28% and annual sales of over USD 20 billion.
	www.internetretailer.com /pressReleaseDetail.asp?id=16829 (836 words)

	Bermuda Stock Exchange
		Woolworths is the third largest participant in the New Zealand grocery retailing market and operates as an integrated retailer, with three warehouses located throughout the country.
		Woolworths operates a total of 85 supermarkets under the Woolworths, Big Fresh and Price Chopper store formats, and 26 mini-marts.
		The proceeds, after repayment of the term loans in New Zealand, will be added to Dairy Farm’s cash and liquid assets to enhance the Group’s financial strength as it pursues expansion opportunities in Asia.
	www.bsx.com /bsx-shorts/Jun02/dfibd.htm (488 words)

	Woolworth's - Wikipedia, the free encyclopedia
		Woolworths Supermarkets (New Zealand) is a New Zealand supermarket chain fascia, originally spun off from the Australian Woolworths Limited, and now under their ownership again.
		Woolworths Group plc is the owner of the Woolworths chain of high street shops in the UK (originally part of the F.W. Woolworth company, but separate since 1982).
		Woolworths Holdings Limited, one of the larger South African retail chain stores affiliated to Marks and Spencer in the United Kingdom.
	en.wikipedia.org /wiki/Woolworth's (226 words)

	CNN.com - Coles Myer slumps on profit warning - June 24, 2001
		Coles is Australia's biggest retailer, with 2000 outlets in Australia and New Zealand and annual sales of about $13 billion.
		Its chief rival is Woolworths, which has a higher percentage of food sales in its revenue.
		Coles chief executive Dennis Eck said in a statement to the Australian Stock Exchange Monday that disappointing fourth-quarter sales and margins in its department stores had hurt earnings.
	edition.cnn.com /2001/BUSINESS/asia/06/24/aust.coles.biz (378 words)

	The New Zealand Herald
		A key feature of the new QuickSearch tool is that it identifies what a customer is actually looking for by tracking what they buy, and then modifies the results it will present in a future search.
		Woolworths has just started taking online credit card payments, after more than a year of negotiations with banks to get an acceptable fee structure.
		Mr Harrison said other search engines did not work for online supermarkets, because of brand names.
	www.nzherald.co.nz /storydisplay.cfm?storyID=137261&thesection=technology&thesubsection=general (378 words)

	Grocers' Review - Archives - November 2003
		�Progressive has opened 15 new stores across our three brands in the last three years,� Progressive�s Chief Operating Office Richard Umbers told GR, �plus the Woolworths at Gulls.�
		Level 2, 16 York St, Parnell, PO Box 3990, Shortland St, Auckland 1001, New Zealand.
		�They were skeptical because it hadn�t been done before but within three months we became number one in New Zealand.�
	www.grocersreview.co.nz /archives/nov03_2.htm (378 words)

	Progressive Enterprises - Enpsychlopedia
		Progressive acquired the New Zealand supermarket group Woolworths Supermarkets NZ in 2002, following a lengthy Competition Commission adjudication [1] and court battle with competitor Foodstuffs that ended in the Privy Council ruling[2] for Progressive.
		Countdown: 55 discounter supermarket stores, including a number of rebranded "Big Fresh" stores following the Progressive takeover of Woolworths Supermarkets NZ
		It is New Zealand's second-largest grocer, with 45% market share, behind the cooperative group Foodstuffs.
	www.grohol.com /psypsych/Progressive_Enterprises (262 words)

	Foodland demerger, transfer approved
		"The Federal Court today approved the two schemes of arrangement for the demerger of Foodland Associated Ltd's Australian and New Zealand businesses and the transfer of those businesses to Woolworths Ltd," the company said in a statement.
		But Foodland vigorously defended itself against the takeover, instead announcing in March that it would itself pursue a demerger of its Australian and New Zealand assets.
		Woolworths and Metcash teamed up in May to make the successful $3.3 billion friendly bid for the company.
	news.ninemsn.com.au /article.aspx?id=68594 (406 words)

	Foodland's net drops to $95m - Business - Business - smh.com.au
		Under the deal, Woolworths is to gain Foodland's New Zealand operation of 150 supermarkets and 22 Action stores and development sites in Australia for $2.5 billion, and Metcash will pay $800 million for Foodland's wholesale business and 60 supermarkets in Australia.
		Net profit of Foodland Associated, Australia's third-largest grocer, has dropped by a third to $95.3 million in advance of its $3.3 billion carve-up by Woolworths and Metcash.
		Foodland does not expect any problems with the booklet and shareholders are expected to vote on the sale next month.
	www.smh.com.au /news/business/foodlands-net-drops-to-95m/2005/09/13/1126377312753.html (370 words)

	Press releases
		Today’s majority decision by the Court of Appeal that the Commerce Commission was not able to apply the old test in approving Progressive Enterprises’ application to acquire Woolworths New Zealand Ltd will play havoc with $3 billion worth of business transactions, said Progressive’s Managing Director Ted van Arkel.
		Supermarket shoppers for whom English is a second language should find life a lot friendlier with the launch this week of a new service at three Progressive Enterprises Auckland supermarkets.
		Supermarket chain Progressive Enterprises is taking a commercial approach to get Kiwis to back locally produced goods in a new campaign titled Celebrate New Zealand.
	www.progressive.co.nz /news_and_publications/index.asp (2253 words)

	NEW ZEALAND: Progressive could ditch Woolworths or Foodtown brand : Food News & Comment
		NEW ZEALAND: Progressive could ditch Woolworths or Foodtown brand
		NEW ZEALAND: Progressive could ditch Woolworths or Foodtown brand : Food News & Comment
		Van Arkel also said the group has decided to rebrand its eight Big Fresh stores as Countdown or Woolworths supermarkets.
	www.just-food.com /news_detail.asp?art=50629&nf=yes (170 words)

	Woolworths paying top dollar: analysts
		Woolworths will pay $2.5 billion for 149 New Zealand supermarkets and 22 Action stores in Australia under the friendly deal announced on Wednesday.
		Woolworths will gain a 45 per cent stake in New Zealand's supermarket sector from the acquisition of Progressive, Foodland's operations in that country.
		Supermarket chain Woolworths Ltd is paying top dollar for its portion of Foodland Associated Ltd and must maximise synergies from the acquisition, analysts said.
	news.ninemsn.com.au /article.aspx?id=8018 (170 words)

	Investment Services Limited, New Zealand
		The average remaining lease term for the supermarkets is 9.5 years and their leases provide for a percentage rental to be calculated against the supermarkets turnover, in addition to the base rental.
		Woolworths Napier is situated on busy thoroughfare roads on the fringe of the central business district of Napier City.
		Countdown Mt Wellington was rebranded during 2003 and Progressive undertook a substantial refit of the building.
	www.investmentservices.co.nz /tricity.htm (283 words)

	Sandhurst Fine Foods
		You can find our retail lines in Coles, Woolworths and other independent supermarkets and specialty stores across Australia and New Zealand.
		Sandhurst distributes over 2000 food services products to cafes, restaurants, pizza shops and delicatessens throughout Australia and New Zealand.
		Sandhurst has been owned and operated by our Italian-Australian family for over 20 years, proudly producing Italian specialties made for Australian tastes.
	www.sandhurstfinefoods.com.au (124 words)

	CNN.com - N.Z. supermarket merger moves closer - June 13, 2002
		Foodland, through subsidiary Progressive Enterprises, operates around 70 supermarkets in New Zealand with a 24 percent share of the market, while Woolworths has 85 stores with a 20 percent market share.
		Foodland group managing director Trevor Coates said in a statement to the Australian Stock Exchange Thursday that the Foodstuffs action was "regrettable".
		Foodstuffs argued that when Foodland was attempting to gain Commerce Commission approval, the watchdog ruled in December the purchase would result in reduced competition.
	edition.cnn.com /2002/BUSINESS/asia/06/13/nz.foodstuffs.biz (566 words)

	Australia's Metcash H1 profit slips on Foodland acquisition costs - Forbes.com
		It follows Foodland shareholders approving the 3.3 bln aud demerger of their company in a deal which will see Australia's largest supermarket operator, Woolworths Ltd, acquire Foodland's New Zealand supermarkets.
		It attributed the earnings drop to one-off charges associated with capital reorganization and the acquisition of Foodland Associated Ltd's Australia assets to become a third force in Australia's grocery market.
		The company said, because a high proportion of Foodland shareholders elected to take Metcash shares rather than the cash offer, it will consider capital management initiatives.
	www.forbes.com /business/feeds/afx/2005/11/22/afx2351061.html (510 words)

	Celebrating New Zealand made
		Colin says the relationship he has developed with Bruce is a key element of trust between the seller and the buyer, and for some 20 years now, Colin has exclusively supplied Woolworths, and now Foodtown supermarkets with quality meat.
		Farming and New Zealand's famous All Blacks rugby team have a rich historical association and none more so than that between our national game and Colin 'Pinetree' Meads.
		It was a time before professional sport in New Zealand and, like so any of his team-mates, Colin would play and then go home to the family farm.
	www.countdown.co.nz /food_for_thought/celebrating+new+zealand+made.asp (2172 words)

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Topic: Woolworths Supermarkets (New Zealand)

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