All Australia articles – Page 10

  • News

    Woolworths to acquire The Cellarmasters Group from Archer Capital for £214.6m

    2011-03-04T00:00:00Z

    Woolworths is to acquire The Cellarmasters Group from Archer Capital for AUS340m (£214.6m). Cellarmasters is one of Australia’s largest direct-to-home wine retailers and providers of contract bottling and wine services with operations in Australia and New Zealand. The business represents a complementary bolt-on to Woolworths’ existing liquor portfolio, which ...

  • News

    Harvey Norman sales increase 1.2% to £2.07bn

    2011-02-16T15:04:00Z

    AUSTRALIA

  • News

    Woolworths Australia lowers profit expectation

    2011-01-25T00:00:00Z

    AUSTRALIA

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    News

    Primark sales director lands senior Target role

    2011-01-14T00:00:00Z

    Primark sales director Allan Molloy is leaving the value fashion giant to join Australian retailer Target.

  • News

    Danks acquire five Magnet Mart stores as part of owners Woolworths and Lowe's venture into hardware

    2010-12-17T00:00:00Z

    Woolworths and its US-based home improvement partner Lowe’s have acquired a Canberra-based hardware chain, as part of their aggressive venture into the hardware arena. The five stores, which trade under the name Magnet Mart, have been acquired by Danks, the hardware wholesaler that ...

  • News

    ACCC to discuss Pick n Pay's sale of Franklins supermarket chain to Metcash

    2010-12-10T00:00:00Z

    The Australian Competition and Consumer Commission (ACCC) has agreed to discuss Pick n Pay’s proposed sale of its Franklins supermarket chain to Australian Metcash at the national Federal Court. The ACCC announced that it was going to lodge the case by December 8, seeking an expedited hearing in early 2011. ...

  • News

    Woolworths profit to rise between 8% and 11% in 2011

    2010-11-25T10:38:00Z

    At its AGM, Woolworths chief executive Michael Luscombe said the company had experienced an extraordinary couple of years and profit would remain on course to rise between 8% and 11% in the 2011 financial year. Luscombe spoke of how Woolworths was preparing for its entry into the home improvement ...

  • News

    Woolworths to open 10 big-box home improvement stores in Victoria

    2010-11-04T00:00:00Z

    Woolworths is to open 10 big-box home improvement stores over the next 12 months in Victoria in a bid to expand its DIY store presence. Nine of the stores will open in the Greater Melbourne area. The chain has become involved in the hardware retailing business through a joint ...

  • News

    Woolworths Q1 sales increase 4% to £8.4bn

    2010-10-28T12:38:00Z

    Woolworths reported a 4% rise in first-quarter sales to Aus$13.91bn (£8.4 bn). Sales at the company’s food and liquor division in Australia for the quarter increased by 3.2% to Aus$9.29bn (£5.6bn), as like-for-like sales rose 2%. Woolworths’ New Zealand supermarkets sales had an even stronger increase of Aus$1.07bn (£642m) ...

  • News

    Coles Group Q1 sales increase 4.9% to £4.5bn

    2010-10-28T12:35:00Z

    Coles Group posted a rise of 4.9% in sales to Aus$7.49bn (£4.5bn) for its first quarter ended September 26. The retailer’s strong performance was attributed to lower prices and last year’s revamping of its fresh food areas. Growth rates at the chain proved to be outpacing larger rival Woolworths ...

  • News

    Costco to invest £23m in its Australian business

    2010-09-30T00:00:00Z

    US-based warehouse club operator Costco is investing Aus$40m (£23m) in its Australian business this year. The investment comes on top of last year’s Aus$100m (£58m) capital expenditure in the country, when it opened its first store in Melbourne. A second store is due to open in Auburn and another is ...

  • Kmart Eastland, Melbourne, Australia
    Gallery

    Kmart Eastland, Melbourne, Australia

    2010-09-24T00:00:00Z

    Mass merchandising of the kind generally found in edge-of-town locations has managed, over the years, to get itself something of a bad name for cavernous, lacklustre interiors.

  • Natalie Berg
    Analysis

    International grocers are catching on to app fever

    September 24, 2010

    After successful launches by the UK’s Ocado and Tesco, international grocers from Germany to Australia are now looking to capitalise on the trend towards mobile shopping.

  • News

    Aldi increases Austalian profits

    2010-09-14T17:17:00Z

    Australia

  • News

    Costco to expand into five Australian cities

    2010-08-05T00:00:00Z

    US-based club-store operator Costco intends to expand into five Australian cities, but is having trouble finding sites large enough. Patrick Noone, Costco’s Australian country manager, said: “We are looking for sites in Melbourne, Sydney, Brisbane, Adelaide and Canberra.” Sales at Costco’s first outlet in Australia, opened nearly a year ago, ...

  • News

    Australian Woolworths full-year sales up 4.2%

    2010-07-28T11:02:00Z

    For the year ending June 27, Woolworths reported sales up 4.2% to Aus$51.7bn (£30bn). Like-for-like sales from domestic grocery outlets gained 3.3%. Food and alcohol sales for the year showed strong growth to Aus$34.68 bn (£20bn), an increase of 5.1% from the previous year. In its fourth quarter, food and ...

  • News

    7-Eleven Australia set to acquire Exxon Mobil petrol stations

    2010-07-28T11:01:00Z

    Seven I-owned 7-Eleven in Australia has confirmed it has been given permission to acquire all 295 petrol stations belonging to Exxon Mobil in the country. The Australian Competition and Consumer Commission did not oppose the acquisition on the condition 7-Eleven divested three sites, one in New South Wales ...

  • Victor_Churchill1.jpg
    Gallery

    Victor Churchill, Sydney

    2010-07-23T00:00:00Z

    A retail theme park for meat might perhaps be the best, and indeed the only, description that could be applied to this store in Sydney.

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    Analysis

    Pick n Pay’s Australian exit helps Metcash play catch up

    July 23, 2010

    Australia already has one of the most concentrated grocery retail markets in the world. It is dominated by two giants: Woolworths and the Wesfarmers-owned Coles Group, which together control more than 60% of the market. Metcash trails some way behind in third place, but this underdog position may be proving ...