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News of woolworths predicts “subdued” trading for 2012
consumer demand for cage-free eggs sees woolworths reduce brands
farm gate pricing bill seeks transparency from australian supermarkets
woolworths sees loyalty card boosting supermarket sales
coles turnaround gathering momentum
thomas dux moving to adelaide?
berli jucker keen on carrefour's thai business
wal-mart seeks continuity with asda appointment
woolworths reiterates guidance, sees “frugalism” as defining feature of shoppers
luscombe and murray called on to build brand australia
woolworths reports robust sales, maintains guidance
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  coles turnaround gathering momentum  

wesfarmers has announced a net profit after tax of $1.535 billion - up 44 per cent - as their coles turnaround gathers momentum. the wa-based conglomerate, owner of the bunnings and coles group stores as well as coal and fertiliser assets, said that their supermarket chain had met expectations with increasing customer numbers and basket growth. managing director, richard goyder, believed the result was strong given the economic conditions that confronted the group throughout the year. “at a time of continuing concern about the impact of the economic crisis on employment in australia, i am very pleased that we have continued to invest in all of our businesses, in particular the retail operations, leading to the creation of more than 10,000 new jobs in the past year,” he said. “we now have exceptional teams in place leading all of our businesses with clear strategies that underpin future growth plans. in particular, the improvement in coles is very encouraging with its performance reflecting good customer response as we progress through the early stages of the five year turnaround plan.” the coles division (supermarkets, liquor, fuel and convenience), which had total operating revenue of $28.8 billion and underlying ebit of $831 million for the year, saw the sales uptrend continue in the fourth quarter after promising signs were seen earlier in the year. indeed, food and liquor comparable store sales growth rose to 7.3 per cent in the final quarter of the financial year - a far cry from the meagre 1.3 per cent realised in the first quarter. since the weak first quarter, sales have recorded growth of 3.8 per cent, 6 per cent and 7.3 per cent. for the full-year, total food and liquor store sales growth was 6.2 per cent and comparable store sales growth was 4.6 per cent. “the results were driven by strong customer response to an improved in-store offer, particularly on-shelf availability, in-store value, quality, and service,” wesfarmers suggested. a greater commitment to australian products and the “feed your family for under $10″ campaign were singled out as marketing initiatives that had a strong impact on customer numbers and basket growth. the company said that the foundations for the five-year turnaround were still being built, with store refurbishments continuing. their store renewal pilot programme commenced, with customers introduced to 13 new store formats. despite a “positive” response from customers, the retailer is yet to finalise its new store format for the future. outlook “the current uncertain economic conditions are expected to continue,” australia’s second largest supermarket chain advised in a statement. “despite recent signs of improving consumer confidence, it remains subdued, affecting customer purchasing patterns, such as eating out less, cooking at home more and a strong focus on value. coles intends to meet customer demand for value, to improve its fresh quality and housebrand ranges and improve service.” “the five year business turnaround programme is still in its early stages and meaningful and sustainable change will take time. however, the coles management team are focused on driving change at pace to ensure the turnaround is achieved.” woolworths comparison woolworths continues to outstrip the sales growth rate of coles, but the gap narrowed significantly throughout the most recent financial year. the market leader recorded comparable stores sales in the four quarters of 6%, 7.1%, 8.8% and 7.9%, which - when compared to coles’ 1.3%, 3.8%, 6% and 7.3% - suggests coles is finding its feet under new management. -->


    Source :ausfoodnews.com.au     Date : 20  August   2009    Category : food industries Economic


consumer demand for cage-free eggs sees woolworths reduce brands

demand for caged eggs is waning and australia’s largest supermarket chain is reportedly planning to cut the number of brands in the category as a result. woolworths has denied reports they will rid their stores of all caged eggs, but they will separate their eggs more clearly, reduce the number of caged brands and phase out their own woolworths select caged egg brand that accounts for around 5 per cent of sales. more

 Source : ausfoodnews.com.au   Date : 14 August 2009   Category : food industries Economic
farm gate pricing bill seeks transparency from australian supermarkets

a new private member’s bill to be tabled this week to australian parliament would, if passed, require australia’s major supermarkets to reveal what percentage of the retail price of their fresh produce goes to the farmers. the farm gate pricing bill, drafted by independent senator nick xenophon and house of representatives independent bob katter, would need the support of a major party, in order to be passed. more

 Source : ausfoodnews.com.au   Date : 15 August 2011   Category : food industries Economic
woolworths sees loyalty card boosting supermarket sales

woolworths’ everyday rewards scheme has helped boost sales at australia’s largest supermarket chain, according to its chief executive. michael luscombe, speaking at a corporate breakfast earlier this week, said that ever since the tie-up with qantas began - which sees their customers receive frequent flyer points - the spend per customer at their supermarkets has risen. “we got a lift in our basket size almost overnight,” he said, according to the australian. more

 Source : ausfoodnews.com.au   Date : 10 September 2009   Category : food industries Economic
thomas dux moving to adelaide?

woolworths is planning to expand their thomas dux grocer brand to the city of adelaide as part of a national rollout, according to newspaper reports. the upmarket grocery subsidiary of australia’s largest supermarket chain was launched in sydney last year. it expanded beyond australia’s most populous city for the first time this year via the purchase of macro wholefoods; which will see them top up their network with five melbourne stores and a doubling of the 3 in nsw. more

 Source : ausfoodnews.com.au   Date : 18 August 2009   Category : food industries Economic
berli jucker keen on carrefour's thai business

\"we are waiting for bidding details from carrefour,\" berli managing director asavin techacharoenvikun told reporters. carrefour wants to sell its southeast asian units in malaysia, singapore and thailand to help it focus on core markets where it holds leading positions. carrefour was not available for comment on the deal. over the past few years, carrefour has withdrawn from other asian markets, including japan and south korea, to focus on growing markets such as china and india. more

 Source : flex-news-food.com   Date : 21 July 2010   Category : restaurants and Food industrie
wal-mart seeks continuity with asda appointment

the appointment of long-time asda executive andy clarke as chief executive of the supermarket operator suggests that us parent wal-mart is seeking strategic continuity at its uk arm, despite recent admissions that the company’s sales growth is falling below expectations. katy humphries reports.wal-mart announced yesterday (11 may) that it has promoted andy clarke to the post of president and chief executive officer, effective immediately. more

 Source : ausfoodnews.com.au   Date : 12 May 2010   Category : Rest
woolworths reiterates guidance, sees “frugalism” as defining feature of shoppers

australia’s largest supermarket retailer, woolworths, has today told shareholders that they remain on track to meet their targets this year as changes to consumer behaviour continue to assist their supermarket operations. the retailer, which is set to celebrate its 85th birthday next week, reaped a record profit result last year of $1.8 billion after tax and expects this to climb as much as 11 per cent in the current financial year. more

 Source : ausfoodnews.com.au   Date : 26 November 2009   Category : Rest
luscombe and murray called on to build brand australia

minister for trade simon crean today announced the make-up of the business advisory panel to the building brand australia project, with two the country’s leading players in the fmcg sector joining forces. michael luscombe, ceo of woolworths - the nation’s largest supermarket chain and rob murray, chief executive of dairy, juice and alcohol group lion nathan national foods, will be on a six-member board to be chaired by eminent businessman david mortimer. more

 Source : ausfoodnews.com.au   Date : 22 October 2009   Category : food industries Economic
woolworths reports robust sales, maintains guidance

australia’s largest supermarket operator has again posted strong sales growth in the first quarter and has reiterated its forecast for the full year. food and liquor sales again led the way, rising 7.8 per cent, or 5.8 per cent on a comparable store sales basis, while the group’s overall sales growth reached 4.2 per cent - hurt considerably by lower petrol prices (7.4% ex. petrol). food inflation was a more restrained 2. more

 Source : ausfoodnews.com.au   Date : 20 October 2009   Category : food industries Economic
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