All Australia articles – Page 9

  • News

    Woolworths to accelerate restructure

    2012-02-09T07:00:00Z

    Woolworths is to accelerate the restructuring of its Dick Smith consumer electronics chain with a view to divesting the business. After conducting a strategic review of the operation the retailer said that electronics is better delivered through the Big W chain and its multichannel offer. Following further restructure, Dick Smith ...

  • News

    Harvey Norman launches Irish website offshore

    2012-01-06T07:00:00Z

    Household and electronics goods retailer Harvey Norman has launched an Irish website offshore through which Australian consumers avoid paying the goods and service tax. Harvey Norman chairman Gerry Harvey has expressed his concerns about the rise of international online shopping and its effect on the Australian retail market. He conceded ...

  • News

    Woolworths outlines strategic priorities

    2011-12-02T07:00:00Z

    Woolworths chief executive Grant O’Brien outlined his strategic priorities at the AGM. He intend to “extend and defend leadership in food and liquor” by establishing a dominant position in fresh food in Australia; to maintain its track record of building new growth businesses; and “to put in place the enablers ...

  • News

    Sales decrease for department store group Myer

    2011-11-18T07:00:00Z

    Department store group Myer’s first-quarter sales fell by more than 5.1% on a like-for-like basis in the first quarter ended October 29. The retailer’s sales for the period totalled AUD680m (£437.1m), down 3.5% on the comparable period last year. However, the retailer was pleased with the results as sales during ...

  • News

    Woolworths initiates strategic review of electronics business

    2011-11-11T07:00:00Z

    Woolworths has initiated a strategic review of its Dick Smith consumer electronics business. Woolworths said that the electronics sector has been undergoing challenges, particularly because of tightened consumer spending on discretionary products and because of the effects of the high Australian dollar.

  • Matthew Stych
    Analysis

    Woolworths marketing overhaul to drive growth

    November 11 2011

    The management of Woolworths in Australia has unveiled a raft of measures designed to drive growth and profitability in the face of a resurgent challenge to its supremacy, particularly in grocery retailing from arch-rival Coles.

  • News

    Woolworths reports overall sales increase

    2011-11-04T07:00:00Z

    Woolworths’ overall sales for the first quarter of 2011 were up 4.9% to AUD14.6bn (£9.6bn). Net sales at its supermarket division including fuel grew 5.8% to AUD12.56bn (£8.27bn), bolstered by a 17% rise in revenue from fuel. Its Australian food and liquor sales increased 4.4% compared with the same period ...

  • News

    Aldi's views on new debit fees upheld

    2011-10-07T07:00:00Z

    Aldi has had its views on new debit fees upheld by the Australian Federal Court, it has been reported. The discounter went to court to stop banks and its rivals Coles and Woolworths from making what it says are misleading comments about the effects that new fees on ...

  • News

    Pick n Pay to withdraw from Australian market

    2011-09-29T15:39:00Z

    South Africa-based grocer Pick n Pay is finally withdrawing from the Australian market. The news comes more than a year after the retailer’s original announcement in July 2010 that it was planning to sell its Franklins supermarket chain to Metcash to focus on growth in Sub-Saharan Africa. Metcash has notified ...

  • News

    Joint venture between Woolworths and Lowe’s opens

    2011-09-08T07:00:00Z

    Woolworths and US DIY retailer Lowe’s have opened their first store in Melbourne, Australia. The joint venture is a 145,315 sq ft hardware warehouse, and is the result of three years of planning. The store represents Lowe’s first foray outside North America and is the first joint venture of ...

  • Louise Howarth, retail analyst, Planet Retail
    Analysis

    DIY is the next frontier for Australia’s grocery giants

    2011-08-10T13:27:00Z

    Australia is a market that fared well during the economic recession thanks to its proximity and strong ties to Asia’s emerging markets.

  • News

    Pick n Pay extends sale deadline by two months

    2011-08-05T07:00:00Z

    South African retailer Pick n Pay has extended the deadline for the sale of its supermarket banner Franklins to Australia’s third-largest grocer, Metcash, by two months. The sale has been opposed by the the Australian Consumer and Competition Commission due to concerns it would lessen competition in Franklins’ operating region. ...

  • News

    Grocer Coles reports fourth quarter sales increase

    2011-08-05T07:00:00Z

    Grocer Coles reported fourth quarter sales of Aus$6.2bn (£413.6bn), up 5.2% like-for-like. Store development and operations director Stuart Machin said continued rises in the cost of living have made customers watch how they spend their money more closely. “Our lower prices and our ‘down down’ campaign has been well received ...

  • News

    Grocery chain Woolworths posts sales increase

    2011-07-27T10:56:00Z

    Grocery chain Woolworths posted a 4.7% increase in net sales to AUD54.1bn (£36bn) for its financial year ended June 26. Excluding fuel, sales rose 4.1%. Food and alcohol sales increased 4.6% to AUD36.18bn (£24bn) or by 3% on a like-for-like basis. The company said that its price knockdown campaign contributed ...

  • News

    Costco reveals Australian expansion

    2011-07-21T00:00:00Z

    On the eve of opening its second Australian store in Sydney, Costco has revealed it is looking to expand in the country. Costco Australia managing director Patrick Noone said: “We are looking at all the big cities, as well as looking at additional buildings we could do in Sydney and ...

  • News

    Spar Australia launches new store concept

    2011-07-21T00:00:00Z

    Spar Australia has launched a new store concept called Jardin Fresh Life. The format has a larger sales area than a traditional Spar, with a strong focus on fresh produce. The first Jardin Fresh Life store displays products in a market-style atmosphere in the 11,625 sq ft space. The shop ...

  • News

    Metcash expects challenging year

    2011-06-27T18:01:00Z

    Grocery wholesaler Metcash has posted a 6% rise in annual net profit to Aus$241.4m (£156.7m) for the year ended April 30. Net sales grew 7.4% to Aus$12.5bn (£8.1bn)

  • Jacqueline Gold, Ann Summers
    Analysis

    Jacqueline Gold

    2011-04-28T00:00:00Z

    Despite its latest campaign upsetting M S, Ann Summers boss Jacqueline Gold has no plans to tone down the retailer’s tongue-in-cheek appeal.

  • Ann Summers fascia
    News

    Ann Summers to move overseas once global economy improves

    2011-04-28T00:00:00Z

    Ann Summers is eyeing international markets to expand its lingerie and sex toys business.

  • John_Lewis_Kingston_Fascia.jpg
    News

    John Lewis expands online with international delivery

    2011-03-11T00:00:00Z

    Retailer confident it can conquer US, Europe and Australia with ‘world class’ home product offer.