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Archives

Monthly Archive for: "February, 2016"
Home » Archives for February 2016
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By purveyancenews
In Aldi, Australia, NewZealand
Posted February 29, 2016

Aldi to Close Online Liquor Store

Discount grocer Aldi is closing its online liquor store to focus on expanding its supermarket chain across Australia. The website will close on March 24, less than three years after it was [...]

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By purveyancenews
In Australia, NewZealand, Woolworths
Posted February 29, 2016

Woolworths turnaround to be ‘slow and long’ say investors

Fund managers say the worst is not over for Australia’s largest retailer, Woolworths, and that its supermarket margins could fall below 5 per cent – dragging down earnings across the group [...]

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By purveyancenews
In Australia, Convenience, NewZealand, Petro
Posted February 26, 2016

Retail Food Group Profit Gets Caffeine Hit

The owner of Gloria Jean’s and Donut King will pull back from its aggressive expansion strategy as its long serving boss hands control to a successor. Retail Food Group recently hit a [...]

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By purveyancenews
In Australia, NewZealand
Posted February 26, 2016

David Jones CEO out to revolutionise ‘mundane’ grocery shop

John Dixon, the 30-year British retail veteran lured to Australia to revitalise David Jones, has a message for Woolworths and Coles: supermarket shopping has become old-fashioned and people want [...]

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By purveyancenews
In Australia, NewZealand, Woolworths
Posted February 26, 2016

Woolworths swings to $973m loss, appoints new CEO

Supermarket giant Woolworths has sunk $972.7 million into the red in the first half after booking $1.9 billion in write-downs on its disastrous Masters home improvement foray.Announcing the [...]

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