Woolworths’ decision to divest its $11 billion retail liquor and pubs businesses will be the largest and most transformative transaction undertaken by the group in its 94-year history.The [...]
Net profit margins have declined for both food and non-food retailers over recent years. This has been driven by a decline in gross margins suggesting a reduction in firms’ pricing power. [...]
Coles has broken ranks with arch rival Woolworths and will continue to sell $1-a-litre-milk, prompting an extraordinary call from the federal agriculture minister for shoppers to boycott the [...]
Woolworths will stop selling $1-a-litre milk at its supermarkets, in a move it says will help restore Australian dairy farmers’ commercial viability. Coles cut its home brand milk to [...]
Woolworths has handed out $4.5 million through its payments and will continue collecting funds for another six months. The funds will be distributed to farmers in drought stricken areas in [...]
