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...
Department store David Jones will once again be competing against Australia’s supermarkets with its South African owner Woolworths Holdings signalling its intentions late last week that the chain will...
A former executive at Kellogg’s Australia has claimed in an article appearing in Fairfax’s Sydney Morning Herald and The Age newspapers that the supermarket majors Woolworths and Coles could be using...
Roy Morgan Research has found that while 12.8 million individual Australians are the household’s main grocery-buyer, only 3.0% of them (389,000 people) do their supermarket shopping via the internet...
The Australian Competition and Consumer Commission (ACCC) says it welcomes the actions of Woolworths and Aldi to resolve concerns regarding implementation of the Food and Grocery Code (the Grocery Code).
In...
Major manufacturer Campbells-Arnott’s appears to have developed a keen negotiating strategy to obtain a higher price from Coles for its popular Tim Tam range with Woolworths conducting a high-volume...
Woolworths’ Chairman Gordan Cairns has outlined three urgent priorities that Australia’s largest supermarket group needs to address in order to boost profits that he described as “unacceptable”...
Australia’s ASX-listed grocery wholesaler Metcash has reported a 20 per cent increase in profit after tax for the six months ended 31 October 2015.
The company has however said that whilst improvements...
Two of Australia’s major independent supermarket retail groups, IGA Foodland and IGA Ritchies have each announced their own independent expansion plans.
IGA Foodland says it will be opening 22...
Outgoing Wesfarmers Chairman Bob Every has said the diversified conglomerate is well positioned to take advantage of future growth opportunities with a strong balance sheet backing the business.
The...
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