News Articles for Woolworths Group

Woolworths is understood to have finalised a deal to open a new supermarket in the southern suburb of Coolbellup, which will underpin a $65 million apartment development at the former Coolbellup Hotel site.

For as long as I can remember, I've asked the Wesfarmers leadership when they would look at an international expansion.

Perth-based conglomerate Wesfarmers is poised to make its first major move outside Australasia, offering $A700 million to acquire the Homebase home improvement chain in the UK and revealing plans to develop a new Bunnings-branded business in that market.

The Dick Smith chain of technology and electrical goods shops is probably a poor example of the wider problems confronting retailing but its collapse this week is a reminder that the shake-out which has rattled the retail world over the past few years is far from over.

Dick Smith, one of Australia's best known electronics retailers, has been put up for sale, with lenders taking charge of the troubled company after it failed to secure a funding injection.

Woolworths has performed a major backflip and reintroduced Qantas frequent flyer reward points for shoppers, two months after it angered many loyal customers by dumping them.

Woolworths is expected to reinstall a version of Qantas frequent flyer points after dumping it for a revamped rewards scheme.

Supermarket giant Woolworths allegedly pressured more than 800 of its suppliers for make extra payments worth up to $60 million to shore up the retailer's profits, the consumer watchdog says.

Woolworths and Aldi have vowed to give suppliers more bargaining power following complaints against the supermarket giants' conduct.

Supermarket wholesaler Metcash has suffered a 12.7 per cent decline in underlying earnings as the food and grocery price war eats into its bottom line.

Woolworths shares have jumped amid speculation two global private equity giants may be considering a joint bid for the retail giant's Big W chain.

Commercial developer Sirona Capital says the latest addition to its Adelaide Street shopping centre in Fremantle is a taste of what's to come at its redevelopment of the port city's Kings Square.

Nestled in the heart of Nedlands, the Taylor Road IGA is not your usual supermarket.

Woolworths is taking a massive profit hit from its price war with Coles and Aldi, with the supermarket giant conceding that a recovery could be several years away.

Tony Poli's property development vehicle Aigle Royal has won its biggest job to date in Perth's property market, with the state government naming it as its preferred proponent to develop the former

Coles' food and liquor sales growth has eased further as the supermarket price war ramps up with German discounter Aldi's aggressive expansion.

Supermarkets giant Woolworths has placed two supermarket sites in Western Australia on the market, part of a national portfolio of neighbourhood shopping centres collectively valued at $180 million

New retail trading laws for WA will affect businesses as varied as Bunnings, Masters, stallholders at short-term markets and even shops on Rottnest Island as the state government moves to widen trading hours and remove anomalies in current regulations.

The wholesale supplier has lost a huge chunk of its stock market value as it battles the grocery giants.

The traditionally dominant players in Australian retail are being forced to reinvent themselves in the face of increased competition – from each other, and a host of international raiders.

While storm clouds gather over office assets and land development comes off the boil, interest in retail property is building as investors look for somewhere secure to park their cash. Click through to see our list of WA's top 10 locally-based shopping centre owners.

Woolworths is expected to develop a supermarket on a site in Singleton, south of Golden Bay, where rival Coles was planning to build one of its stores.

Peet has sold a half stake in its $200 million Shorehaven Coastal Village Centre in Alkimos, to an unnamed offshore buyer.

Colin Barnett has set the scene for an industrial stoush with his proposed changes to Sunday penalty rates.

Western Australia's top 10 largest private sector employers employ more than 103,200 people between them, about 2,000 fewer than last year, according to BNiQ research.

SPECIAL REPORT: It has been a tough year for job seekers in WA, but some new sectors have emerged to keep the state's employment levels at record highs.

Gold is a rare bright light in the mining industry, with major changes during the past two years to be followed by the opening of multiple new mines and more M&A deals. Click through to find the special report, which ranks WA producers, and looks at Gold Corp, executive pay, and new gold projects.

Now the boom is over, keeping costs low and margins tight is necessary for survival.

The sharks are circling Woolworths, but the size of the business would require suitors to make a significant investment – in cash and time.

Work has started on the $21.4 million Port Coogee shopping centre, with national development group Australand signing Adco Constructions to carry out the build.

Western Australia's neighbourhood shopping centres are among the standout performers for retail asset sales across Australia, with six transactions this year totalling at least $112 million.

Some smaller retail operators in and around Perth are taking advantage of the ad hoc nature of regulation in Western Australia to open 24 hours a day.

The Perth businessman who brought Dippin' Dots ice cream and Mad Mex restaurants to Western Australia is preparing to launch a high-tech solution to the growing problem of fuel theft.

Private investment group Silverleaf Investments has added to its retail portfolio, buying the Millstream Shopping Centre in South Perth for $13.6 million.

If wealth creation is not growing, tinkering with a broken tax system isn't going to achieve much.

Aldi has bought the Captain Stirling Shopping Centre in Nedlands, with the store expected to be among the first of 20 the Germany-based retail giant intends to open in Western Australia between Jun

Big retailers will be hoping the federal government puts most recommendations from the recent competition policy report in the too-hard basket.

A new report by Deloitte has found 37 of the world's top 250 retailers are now operating in Australia, 23 of which have set up shop in Western Australia.

The international stage has helped this year's local business and political leaders stand out from the pack – including our Person of the Year, Richard Goyder.

The stubbornly high currency is widely expected to slide below US70 cents, with upside for some sectors and pain for others.