Roundup: What’s been happening at Woollies?

Us consumers spend a pretty penny each week at Australia’s supermarkets. So it’s only logical to see what’s happening to all that money we’re investing in them. It sure is a war out there.

Here’s the weekly roundup of just what’s happening at Woollies.

https://www.theguardian.com/business/2016/jul/25/woolworths-to-cut-500-jobs-and-close-stores-across-australia
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They’re making a mint but still cutting jobs. Hmmm…

Woolworths also said it would slow its stores rollout and close underperforming outlets. The retailer said it would cut 500 jobs from its support office and supply chain, while a further 1,000 would be shifted from the group office into its businesses …Stuff.co.nzThe Sydney Morning HeraldABC Online – – Woolworths to cut 500 jobs and close stores across Australia – The Guardian

http://www.heraldsun.com.au/leader/news/royal-australian-mint-and-woolworths-launch-rio-olympic-coins/news-story/9514e14b8873269d7c0993caf517ad88
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Here’s proof. They’re actually working with the mint – but for a good cause

The mint has joined forces with Woolworths to launch a series of limited edition Australian Olympic and Paralympic $2 coins through its supermarkets. The launch will see 12 million Rio 2016 commemorative $2 coins – featuring the coloured Olympic Rings … Royal Australian Mint and Woolworths launch Rio Olympic coins – Herald Sun

http://www.smartcompany.com.au/industries/retail/72529-can-a-corpulent-woolworths-discard-its-history-and-fight-off-aldi/
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Thank goodness for competitors

Woolworths’ recent travails are well documented but the real issue is the rise of Aldi, which has moved into Woolworths’ heartland and destroyed its value.The Australian Financial ReviewB&T Can a corpulent Woolworths discard its history and fight off Aldi … – SmartCompany.com.au

 

http://www.smh.com.au/business/retail/poker-machine-reform-raises-stakes-for-woolworths-supermarket-chain-20160721-gqb4qz.html
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Wow. I didn’t know they own so many pokie machines

The return of pokies reform to the headlines promises to shine a light on Woolworths, the country’s largest single owner of poker machines, and an arm of its business that already sits uncomfortably with some of those working in the top ranks of … Poker machine reform raises stakes for Woolworths supermarket chain – The Sydney Morning Herald

http://www.dailymail.co.uk/news/article-3676933/Woolworths-likely-launch-desperate-price-war-against-Coles-fails-win-customers-improved-service.html
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I don’t know how billion dollar companies can be ‘desperate.’ Guess there’s a lot on the line…

The survey which was conducted on all Australian supermarkets by brokerage firm UBS found Aldi was also ranked better than Woolworths by suppliers. The UBS report predicts a heavy price war could erupt following the release of the information. Woolworths likely to launch a ‘desperate price war’ against Coles in Australia – Daily Mail

http://www.bandt.com.au/media/woolworths-a-taste-of-home
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I’m so glad their still thinking of us here at home

Woolworths is supporting its Olympic and Paralympic sponsorship with an integrated ‘Taste of Home’ campaign devised by BEcause Experiential Marketing. Woolworths Offers A ‘Taste Of Home’ To Australian Olympic … – B&T – B&T