All Australia articles – Page 11
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NewsAnn Summers to move overseas once global economy improves
Ann Summers is eyeing international markets to expand its lingerie and sex toys business.
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AnalysisJacqueline Gold
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.
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NewsJohn Lewis expands online with international delivery
Retailer confident it can conquer US, Europe and Australia with ‘world class’ home product offer.
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News
Woolworths to acquire The Cellarmasters Group from Archer Capital for £214.6m
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 ...
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NewsPrimark sales director lands senior Target role
Primark sales director Allan Molloy is leaving the value fashion giant to join Australian retailer Target.
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News
Danks acquire five Magnet Mart stores as part of owners Woolworths and Lowe's venture into hardware
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 ...
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News
ACCC to discuss Pick n Pay's sale of Franklins supermarket chain to Metcash
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.In ...
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Woolworths profit to rise between 8% and 11% in 2011
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 business ...
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Woolworths to open 10 big-box home improvement stores in Victoria
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 venture ...
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Woolworths Q1 sales increase 4% to £8.4bn
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) during ...
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Coles Group Q1 sales increase 4.9% to £4.5bn
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 as ...
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Costco to invest £23m in its Australian business
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 ...
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AnalysisInternational grocers are catching on to app fever
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.
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GalleryKmart Eastland, Melbourne, Australia
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.
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Costco to expand into five Australian cities
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, have exceeded ...
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News
Australian Woolworths full-year sales up 4.2%
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 alcohol ...