Tag Archives: Woolworths Group

Woolies CEO and Chairman acknowledge responsibility for underpayments

Woolworths Group CEO Brad Banducci and Woolworths Group Chairman Gordon Cairns have acknowledged their leadership responsibility for the payment shortfalls to salaried team members. “I have made the personal decision to forgo my F20 short-term bonus because I believe it is the right thing for me to do as CEO,” …

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Woolworths Group says sorry for underpaying staff

A review has found that 5,700 salaried store team members under Woolworths Group were not being paid in full. Woolworths has admitted to underpaying its workers up to $300 million. The review began earlier this year by the Woolworths Group. Findings showed that pay was not in full compliance with the …

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Woolworths Group continues to make ‘good progress’

Woolworths Group sales increased by 3.4 per cent to just under $60 billion for FY19. According to Woolworths Group CEO Brad Banducci, the company made “good progress” on its transformation across all of its businesses in FY19 with improving sales and EBIT momentum in the second half of the year. …

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Online shopping for Woolworths Group set to take off

Woolworths Group and US-based eGrocery Takeoff Technologies will implement automated micro fulfillment capabilities at three sites to help meet customers’ growing demand for shopping online. The implementation of Takeoff’s automated solution will begin within the next 12 months. Woolworths Group will then evaluate the suitability of the technology for further …

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Woolworths launches media business, Cartology

Cartology, Woolworths Group’s new retail media business, has unveiled a number of new initiatives that will ensure customers are better connected to the brands they love. “We are excited to officially launch Cartology today to our partners and be in a position to further innovate retail media in Australia to …

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Woolworths’ merge and de-merge plans for EDG and ALH

Woolworths Group intends to amalgamate Endeavour Drinks Group and ALH Group into a single entity and then split the new business through a demerger “or other value-accretive alternative”. The agreement to combine its drinks and hospitality businesses, Endeavour Drinks and ALH into a single entity is set to create Australia’s …

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Woolworths creates own media business, Cartology

Woolworths Group has announced the launch of a new stand-alone media business, which it has called Cartology. According to Woolworths, the new business will ensure supplier partners are able to better communicate and engage with customers along the path to purchase. “At Woolworths, we know in order to continue to …

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Woolworths Group to sell petrol business to EG Group

Woolworths Group has entered into a binding agreement to sell its 540 Woolworths-owned fuel-convenience sites to EG Group for $1.725 billion. EG Group describes itself as “the leading independent petrol forecourt retailer in Europe” which is also “having great success in the US”. It operates about 4,700 sites across Europe …

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Woolworths’ super new plan for parental leave

Woolworths Group says it has become the first Australian retailer to introduce superannuation contributions for 12 months of parental leave. The move is part of a “revamped parental leave policy”, says the retail giant. The change will help close what Woolworths describes as “the superannuation gender gap”. The Association of …

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Woolworths Group top for ‘diversity and inclusion’

Woolworths Group is Australia’s top company according to Thomson Reuters’ 2018 Diversity & Inclusion (D&I) Index. It also ranked 14th globally, the index found. The D&I Index ranks the top 100 publicly traded companies out of more than 7,000 around the world. It measures 24 metrics across four key categories: …

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