Woolies adds 10k new jobs in growth spree

 In Australia, BigW, NewZealand, Woolworths

 

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Woolworths chief executive Grant O’Brien has fired off a barrage of new intiatives and measures to boost growth and flagged the creation of 10,000 new jobs.

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  • 10,000 new retail jobs in Australia and New Zealand
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  • Underperforming Dick Smith chain may be sold
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  • Record 39 supermarkets, 7 BIG Ws and 15 Masters to open
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  • Plans to roll out a new Dan Murphy’s format model
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  • Aims to to double the sales of private label goods
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  • Big W to expand into the active wear range

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At the retailer’s strategy day, Mr O’Brien said the company had commenced a wholesale review of its supermarkets business to be led by its new head of supermarkets and petrol, Tjeerd Jegen, which if successful would add $2.5 billion a year in incremental sales for the group.

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Its investment in the Dick Smith electronics chain will be reviewed and a sale of the poor performing business is now a possibility.​ Sydney Morning Herald – Read more…
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