Published 17 days ago • loading... • Updated 16 days ago

[Opinion] Woolworths to slash jobs, product ranges in $400m cost-saving drive

Summary by Sydney Morning Herald

The nation’s biggest supermarket chain has suffered a $190 million earnings slump in the latest half after a two-week strike stripped shelves late last year.

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9News

Woolies suffers $190m blow to profits after warehouse strike

Woolies – which operates in Australia and NZ and owns Big W – reported a 21 per cent drop in its net profit...

17 days ago·Australia

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Australian Financial Review

Woolworths unleashes $400m in cost cuts to convince market it can grow

The supermarket giant’s chief executive Amanda Bardwell faces a market that is increasingly concerned about the company’s trajectory as profits fall.

17 days ago·Sydney, Australia

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Sydney Morning Herald

Woolworths to slash jobs, product ranges in $400m cost-saving drive

The nation’s biggest supermarket chain has suffered a $190 million earnings slump in the latest half after a two-week strike stripped shelves late last year.

17 days ago·Sydney, Australia

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channelnews.com.au

channelnews : OPINION:Is It Time That Woolworths Tried To Offload Big W Again, After Shocker Result?

Big W is in trouble, so is their parent Company Woolworths, and this does not bode well for the future of the discount retailer, who is also getting beat up by arch rival Kmart the Wesfarmers owned business whose house brand Anko is driving sales in both their stores and overseas retailers, also impacting the...

16 days ago

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