Retail News

Woolworths Supermarkets buying boss to head liquor division

Steve Donohue, current Director of Buying and Merchandising for Woolworths Supermarkets, will be the new Managing Director of Endeavour Drinks, effective from April this year. Mr Donohue will replace current Endeavour Drinks Managing Director Martin Smith, who will help his successor transition to the role before retiring at the end …

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IGA celebrates barbecue season with film partnership

IGA is the major partner of the upcoming new Australian film, The BBQ, and is promoting its stores as the ‘go-to’ destination when planning a barbecue. The BBQ stars IGA ambassador Shane Jacobson who plays the role of Darren ‘Dazza’ Cook: a suburban everyman who finds his passion for the neighbourhood backyard …

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Costco heads north

Retail giant Costco has selected its second Queensland site – Walker Corporations’ $1 billion Citiswich Business Park in Ipswich. The decision ended months of speculation giving the Ipswich business park, located 25 minutes west of Brisbane a welcome boost. “We are thrilled to be continuing our investment in South East …

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David Jones to bring premium food offer to Melbourne

The department store plans to open a new retail food concept at Malvern Central, Melbourne, in March 2018, delivering a premium food offering with an emphasis on convenience and quality to suit the discerning local customer. The 550sqm David Jones Food store at Malvern will be the first concept in …

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Woolworths results show resurgence

An emboldened Woolworths has posted an increase in revenue of 4.5 per cent over 2016-17, to total $36.4 billion, as the retailer benefited from a change of direction and refocused food strategy. The company also posted comparable sales growth of 3.6 per cent over the year, although cost-cutting measures have …

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Woolworths teams up with Possum Magic

Woolworths has released Royal Australian Mint limited-edition $2 coins into its stores’ tills this week leading up to Children’s Book Council of Australia Children’s Book Week, featuring designs from the Australian children’s book Possum Magic. The three $2-coin designs struck by the mint feature illustrations of the main character, Hush, …

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Wesfarmers earnings hit record despite Coles decline

Wesfarmers this week released its full-year results for 2016/17, showing an increase in net profit after tax (NPAT) from $2,466 million for the previous year to $2,873 million. Excluding the significant items recorded in the prior year, NPAT increased 22.1 per cent, while earnings per share increased 21.6 per cent …

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Amazon to open 24,000sqm fulfilment centre in Australia

Amazon says it will create hundreds of new jobs with the opening of its first fulfilment centre in Australia. Amazon is already recruiting for a range of roles, including operations managers, pickers, packers, systems technicians and HR specialists. “We are thrilled to be creating hundreds of new roles in Dandenong …

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Customers charged twice through processing error

A processing error by Cuscal has caused some customers who shopped at Woolworths from March 11 to 13, 2017, and used Visa to pay, to be charged again on Sunday August 6. In a statement by Woolworths, CEO Brad Banducci said: “We are outraged on behalf of our customers that …

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