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Woolworths CEO tells us what’s coming in 2019

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WOOLWORTHS CEO Brad Banducci has answered five key questions about 2019 as part of annual survey of key business leaders. Mr Banducci gave his responses last week to The Australian newspaper. The top executives...

Woolworths “outraged” by customer double charge incident

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Woolworths CEO Brad Banducci says Woolworths is outraged about a financial service provider processing error that caused some customers to be charge twice this week. On Sunday 6 August 2017, an error occurred...

Woolworths refutes Dan Murphy spin-off speculation

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Woolworths’ Chief Executive Officer has shut-down speculation the supermarket group will be spinning-off its extremely successful Dan Murphy’s liquor chain anytime soon. Speaking at The Australian...

Woolworths looking to invest in long-term supply contracts

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Woolworths is looking to enter into long-term contracts with suppliers in an effort to get fresh and healthy food to its customers. Chief Executive Officer of Woolworths, Brad Banducci, told The Australian...

Woolworths and Australia Post partner to capture online shoppers

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Woolworths and Australia Post have today announced a new partnership which will see at least 500 24/7 Parcel Lockers installed at Woolworths supermarkets across Australia. Australia Post 24/7 Parcel Lockers...

Are supermarket customers a means to an end, or the end?

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Woolworths has delivered in spades to shareholders in the last 20 years, but the rot had set in a decade ago.  The seeds of the rot were assisted in my view by a lack of credible competition, and management...

Is the supermarket model being disrupted, and nobody is noticing?

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  Business models are being disrupted all over the place, but ironically the new business model is a case of back to the future. The new business model disrupting the scene is a new focus on the customer...

Moody’s drops Woolworths’ credit rating

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Moody’s Investor Services has today dropped Woolworths’ credit rating.   Woolworths’ credit rating has been reduced from Baa2 to Baa1 with Moody’s Vice President Ian Chitterer saying the decision...

Woolworths finds hope in Banducci CEO appointment

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Woolworths may have just found its chance for salvation and it comes in the form of its new CEO, Brad Banducci. There is no doubt Banducci is the right pick for the role. First and foremost, he walks into...

Woolworths marketing personnel face uncertain changes

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Woolworths’ marketing leadership team has experienced another sudden change in personnel.   Woolworths’ marketing leadership team has experienced  another sudden change in personnel and a cloud...