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Encyclopedia > Woolworths Limited
Woolworths Limited
Type Public (ASX: WOW)
Founded 1924
Headquarters Flag of Australia Bella Vista, Sydney, Australia
Key people Flag of Australia James Alexander Strong, Chairman
Michael Luscombe, CEO
Industry Retail
Revenue $37.734 billion AUD (2006)
Net income $1.015 billion AUD (2006)
Employees approx 175,000 (2006)
Website www.woolworthslimited.com.au

Woolworths Limited is a major Australian company with extensive retail interest throughout Australia and New Zealand. Woolworths Limited is currently: Image File history File links Woolworths_Limited. ... The Australian Stock Exchange (ASX) is the primary stock exchange in Australia. ... 1924 (MCMXXIV) was a leap year starting on Tuesday (link will display the full calendar). ... Image File history File links Flag_of_Australia. ... The Sydney Opera House on Sydney Harbour Sydney (pronounced ) is the most populous city in Australia, with a metropolitan area population of over 4. ... Image File history File links Flag_of_Australia. ... A Chairman is the presiding officer of a meeting, organization, committee, or other deliberative body. ... Chief Executive Officer (CEO) is the job of having the ultimate executive responsibility or authority within an organization or corporation. ... Drawing of a self-service store. ... Revenue is a U.S. business term for the amount of money that a company earns from its activities in a given period, mostly from sales of products and/or services to customers. ... Image File history File links No higher resolution available. ... Au. ... For the Manfred Mann album, see 2006 (album). ... Net income is equal to the income that a firm has after subtracting costs and expenses from the total revenue. ... Image File history File links No higher resolution available. ... Au. ... For the Manfred Mann album, see 2006 (album). ... Employment is a contract between two parties, one being the employer and the other being the employee. ... For the Manfred Mann album, see 2006 (album). ... A website (or Web site) is a collection of web pages, images, videos and other digital assets and hosted on a particular domain or subdomain on the World Wide Web. ... A drawing of a self-service store Retailing consists of the sale of goods/merchandise for personal or household consumption either from a fixed location such as a department store or kiosk, or away from a fixed location and related subordinated services (Definition of the WTO (last page). ...

  • The largest retail company in Australia and New Zealand by market capitalisation and sales
  • The largest food retailer in Australia and New Zealand
  • The largest takeaway liquor retailer in Australia
  • The largest Hotel and Poker Machine operator in Australia

Contents

Market capitalization, often abbreviated to market cap, mkt. ...

Stores

Woolworths Limited operates in Australia through several retail banners:


Supermarkets

  • Woolworths - The company's premier supermarket chain, which operates in every Australian state and territory except Victoria. In Victoria, the supermarket is named "Safeway" but is still owned by Woolworths Supermarkets.
  • The supermarkets are often colloquially known as "Woolies" and have used the slogan 'The Fresh Food People' since 1987.
  • Flemings - Group of four supermarkets located in Sydney (the remnants of a chain purchased in the 1960s).

Woolworths Logo. ...

Convenience Stores

  • Woolworths Metro - Inner-urban convenience stores located in the key metropolitan areas of Sydney and Brisbane selling a range of pre-prepared meals for the 'time poor' customer. Woolworths Metro was also the name of Woolworths' flagship 5-storey store at Town Hall in Sydney until 2003 when it reverted back to the Woolworths brand.

Liquor

  • Woolworths Liquor - Liquor stores which are either attached or located within Woolworths Supermarkets (trades as Safeway Liquor in Victoria).
  • BWS - Liquor stores located away from the companies supermarkets.
  • Dan Murphy's - Large liquor barns often referred to as Liquor Supermarkets. Dan Murphy's is one of the company's best growth performers, with plans for up to 100 stores (from the current 55) to exist within the next 2-3 years.
  • ALH Group - Hotel and Poker Machine operator, which is 75% owned by Woolworths Limited.

Dan Murphys is an Australian liquor seller, with many locations across Australia. ...

Petrol

  • Woolworths Caltex - Petrol stations located both free standing and adjacent to supermarkets (trades as Safeway Caltex in Victoria).

General Merchandise

  • BIG W - Discount Department Store chain, which sell a wide range of general merchandise. BIG W represents about 10% of group sales, and has experienced tough times recently due to constrained discretionary spending.

Big W is the second largest discount department store in Australia, with over 120 stores located nationwide. ...

Consumer Electronics

  • Dick Smith Electronics - Sell a wide range of hobby electronic products as well as consumer goods such as computer products.
  • Dick Smith Powerhouse - Big box Dick Smith stores with a focus on consumer entertainment products. Similar to the electrical and computer parts of Harvey Norman and Clive Peeters.
  • Tandy Electronics - Similar to Dick Smith Electronics stores, but smaller and lacking the hobbyist components.
  • Croma/Tata Group Venture - In 2006 Woolworths and the Tata Group of India announced an electronics retailing venture on the subcontinent. Due to the legal framework, foreign companies are prevented from operating retail businesses in India. Due to this, Woolworths will act as a wholesaler to the Tata Group. The stores will be based on the Dick Smith Powerhouse format.

Dick Smith Electronics is an Australasian electronics retailer founded in 1968 by Dick Smith. ... Dick Smith Electronics is an Australasian electronics retailer founded in 1968 by Dick Smith. ... A big box is a box that is big. ... A Harvey Norman superstore in Australia. ... Tandy is an electronics retailer in Australia, owned by Woolworths Limited. ... Tata is one of the oldest and largest business conglomerates in India, with revenues in 2005-06 of $21. ... Tata is one of the oldest and largest business conglomerates in India, with revenues in 2005-06 of $21. ...

Former chains

  • Woolworths Food Fair - The name given to the companies growing food retailing interests in the 1960s to differentiate them from the variety based stores. This name was absorbed when the decision was made to use the original Woolworths name for the companies food stores and supermarkets instead of the its variety stores.
  • Woolworths Variety - The name given to the companies traditional variety stores to differentiate them from the companies food retailing intertests when the decision was made to use the original Woolworths name for the companies food stores and supermarkets instead of the its variety stores. These variety stores were progressively divested as Woolworths focused on food retailing and developed large scale discount department stores.
  • Woolworths Family Centre - Woolworths opened its first hypermarket at Booval, near Ipswich Queensland in November 1969 under the Big W name. A second hypermarket was opened in 1970 in Indooroopilly, Brisbane under the Woolworths Family Centre name. The early popularity of these stores lead to Woolworths establishing hypermarkets around Australia using the Woolworths Family Centre name. However the concept failed to perform, and the hypermarkets were re-established as separated Woolworths supermarkets and Big W discount department stores in the late 1970s/early 1980s.
  • Crazy Prices - discount variety store chain, which sold discounted merchandise. These stores were sold to (and formed part of) rival Go-Lo in 2001, although the last store with Crazy Prices branding didn't close until 2005 (in Port Macquarie. Its slogan was "The Bargains are Better".
  • Rockmans - women's clothing retailer acquired by the group in 1960 and was a major operating division until its sale in 2000.

Packaged food aisles of Fred Meyer in Portland, Oregon In commerce, a hypermarket is a superstore which combines a supermarket and a department store. ... Big W is the second largest discount department store in Australia, with over 120 stores located nationwide. ... F.W. Woolworth Company the original USA based chain of high street shops. ... Big W is the second largest discount department store in Australia, with over 120 stores located nationwide. ... Tesco Ireland was formed from Power Supermarkets Ltd in 1999, more commonly known as the Quinnsworth and Crazy Prices chain of supermarkets in Ireland; the chain is a subsiduary of Tesco PLC. Tesco operates supermarkets under the Tesco and Tesco Ireland brands, as well as one hypermarket under the Tesco... Go-Lo is a chain of Australian discount variety stores with hundreds of stores throughout Australia. ... Port Macquarie is a city on the mid-North Coast, New South Wales, Australia, located about 450 km north of Sydney, and 510km south of Brisbane. ...

New Zealand

The Company also operates in New Zealand under the following banners:


Progressive Enterprises:

Dick Smith NZ: Woolworths is an Auckland-based supermarket chain and a unit of Woolworths Limited. ... FoodLand is the name of at least two American supermarket [[chain]s. ... A countdown is the backward counting to indicate the seconds, days, etc. ... Woolworths Quickstop and Micro Logo Woolworths @ Gull commenced in 2001 as a partnership between Gull Petroleum and Woolworths Supermarkets (New Zealand) They operate under two formats: Micro This format is Conveinence style stores Quickstop This format is a mini supermarket which offers fresh foods as well as a larger range...

  • Dick Smith Electronics - Sell a wide range of hobby electronic products as well as consumer goods such as computer products.
  • Dick Smith Powerhouse - Large Dick Smith stores with a focus on consumer entertainment products.

Dick Smith Electronics is an Australasian electronics retailer founded in 1968 by Dick Smith. ... Dick Smith Electronics is an Australasian electronics retailer founded in 1968 by Dick Smith. ...

Formats

Woolworths

Main article: Woolworths Supermarkets Woolworths Logo. ...


Safeway

In Victoria, Woolworths trades under the name Safeway. Safeway Inc. entered the Australian grocery market in 1963 with the purchase of three Pratt Supermarkets. The subsidiary Safeway Australia was created, and by 1985 the chain had grown to 126 supermarkets trading under the Safeway banner across Victoria, New South Wales and Queensland. The Australian head office and distribution centre was (and still is) located on Wellington Road, Mulgrave, Victoria.


Acquisition by Woolworths

In 1985 Australia’s second largest supermarket operator Woolworths Limited successfully acquired Safeway Inc. Australian interests. In the agreement Woolworths Limited acquired all Safeway stores and the naming rights in exchange for a 19.99% interest in Woolworths Limited (which has since been sold). This transaction pushed the group’s grocery market share above Coles, giving Woolworths Limited the title of Australia’s largest supermarket operator (which it still holds to this day).


Safeway stores in New South Wales and Queensland were re-branded as Woolworths Supermarkets. However Safeway stores in Victoria retained their name, and all Victorian Woolworths stores were transferred to the Safeway banner. Mr. J.W.R. Pratt, Chairman and Managing Director of Australian Safeway Stores and Mr. P.A. Magowan, Chairman and Chief Executive Officer of Safeway Stores Inc (USA) were also appointed to the Woolworths Board.


In 1987 Woolworths and Safeway Supermarkets launched “The Fresh Food People” campaign, adopting a uniformed company logo and marketing strategy, which are still in use today 20 years later.


Today

Safeway Australia continues to trade today as Woolworths Supermarkets Victorian Division. In 2007, aside from 2 Woolworths supermarkets trading in Mildura all supermarkets in Victoria presently trade under the Safeway banner. During the 1980s and 1990's the Mildura stores moved from Woolworths to Safeway and back again, while the Karingal Woolworths store remained so until the late 1990s. The brand has also followed Woolworths Supermarket’s progression into liquor trading as Safeway Liquor, and into petrol trading as Caltex Safeway. At the end of 2005 there were 180 Safeway Supermarkets trading in Victoria. Mildura is a city in Victoria, Australia. ...


Safeway’s Future

Since 2000 there has been much speculation in the market that Woolworths Limited is planning to absorb the Safeway stores under the Woolworths banner. The main reason for this consideration is said to be a cost cutting measure, as currently the company pays many duplicated expenses such as advertising. One large concern though is the possible loss of reputation and consumer identification, especially considering that Victoria is the second largest retail market in Australia.


In the early 2000’s the companies supermarket interests in the smaller state of Tasmania, which traded under Purity and Roelf Vos were progressively re-branded as Woolworths Supermarkets (Tasmania and Victoria were the only states where the Woolworths name was substituted over the entire market). The transition took place through an extensive advertising campaign aimed at preserving the company’s reputation and market share. The exercise was closely watched by the company and the market, and was used as a comparison to the possible effects of a name change in Victoria.


Initially the name transition had little, if any, effect on the performance of the Tasmanian supermarkets, and hasn’t to this date affected Woolworths Supermarket’s growth in the state.


Food For Less

Main article: Food For Less Food For Less is an Australian discount supermarket chain owned by Woolworths Limited. ...


Flemings

Main article: Flemings (supermarkets)


Flemings are a chain of small, innovative stores in Sydney acquired by Woolworths in June 1960. The first Flemings stores were opened in 1930 by Jim Sr. and George Fleming. It initially traded under the name "E.L. Lakin". Following World War II, the business boomed and the name changed to its current name "Flemings Food Stores". By the time Flemings was sold out to Woolworths, there were 55 stores operating under the "Flemings" banner in Sydney. The Fleming family continued operating the chain through Woolworths for the next 10 years before they had begun operating the now-defunct Jewel Supermarkets chain. Many Flemings stores were re-badged as Woolworths and Metro stores or closed off since, although 4 Flemings stores still exist (despite now being internally known as Woolworths) at Bexley North, Jannali, Pendle Hill and Umina Beach (on the Central Coast). Nevertheless, the current Flemings logo was launched in the early 90s, although it is no longer internally used. Shaw Street, Bexley North, Sydney Corner of Bexley Road and Slade Road, Bexley North, Sydney Bexley North is a suburb in southern Sydney, in the state of New South Wales, Australia. ... Jannali is a rather small suburb, located in Sydney Australia, NSW. It has a small shops area, 2 primary schools, 1 high school. ... For the Quaker Retreat Center in Pennsylvania, see Pendle Hill Quaker Center for Study and Contemplation Pendle Hill (summit 557 m above mean sea level) is located in the north-east of Lancashire, England, near the towns of Burnley, Colne, Nelson and Clitheroe. ... Umina Beach () is a suburb located on the Central Coast of New South Wales, Australia, as part of the Gosford City Council local government area. ...


Woolworths Metro

Main article: Woolworths Metro


In 1997, Woolworths launched the Metro concept in Sydney, converting their premier variety store for 32 years to this format with the lower ground floor specialising in a large range of ‘prepared meals’ to cater for the increasing numbers of city dwellers, a kind of convenience store. It also became the name of convenience stores in key metropolitan areas (where the name "Metro" comes from). Subsequent stores opened in Coogee (ex-Flemings store), Boronia Park and West Pennant Hills in Sydney and Ascot in Brisbane. Stores that have since been sold off or re-branded are Newtown, Waterloo and its Sydney city store (all in Sydney). There are currently 4 stores operating in Australia. Its major competitor is Coles Central. 1997 (MCMXCVII) was a common year starting on Wednesday of the Gregorian calendar. ... The Sydney Opera House on Sydney Harbour Sydney (pronounced ) is the most populous city in Australia, with a metropolitan area population of over 4. ... Coogee from northern end of Coogee Beach Wedding Cake Island in Coogee Bay Coogee is a beachside suburb in south-eastern Sydney, in the state of New South Wales, Australia. ... West Pennant Hills is a suburb in the Hills district, in the north-west of Sydney. ... Ascot, Queensland, is generally regarded to be one of the oldest and most prestigious suburbs of Brisbane, Australia. ... Brisbane (pronounced ) is the capital and most populous city of the Australian state of Queensland, as well as the third largest city in Australia, with a greater metropolitan population of just under two million. ... // Places UK Newtown is the name of several places in the United Kingdom: Newtown, Hampshire Newtown, Isle of Wight Newtown, mid Wales Newtown Ho Newtown Linford Newtown, Birmingham USA Newtown is the name of several places in the United States of America: Newtown, Connecticut Newtown, Indiana Newtown, Missouri Newtown, New... Cabbage Hotel, Botany Road, Waterloo Waterloo is an inner-city suburb of Sydney, New South Wales, Australia. ... Coles Supermarkets are an Australian supermarket chain owned by Coles Group. ...


History

Woolworths store in the heart of Sydney (formerly Woolworths Metro)
Woolworths store in the heart of Sydney (formerly Woolworths Metro)

Woolworths opened its first store, the Woolworths Stupendous Bargain Basement in the old Imperial Arcade in Pitt Street, Sydney on December 5, 1924. Its nominal capital was just £25,000 and although 15,000 shares were offered to the public, only 11,707 shares were subscribed for by 29 people, including the 5 founders - Percy Christmas, Stanley Chatterton, Scott Waine, George Creed and Ernest Williams. The name on the draft prospectus drawn up by Cecil Scott Waine was "Wallworths Bazaar" - a play on the F.W. Woolworths name (the owner of the Woolworths chain in the US and UK). However, according to Ernest Robert Williams, Percy Christmas dared him to register the name Woolworths instead, which he succeeded in doing after finding out the name was available for use in New South Wales. Accordingly, the Woolworths Limited company in Australia has no other historical relation to the F.W. Woolworths Company in the USA. The new Woolworths store was innovative, it was the first variety store in the world to use cash registers to print receipts for customers. Image File history File links Download high-resolution version (1600x1186, 409 KB) A w:Woolworths Limited store opposite the w:Sydney Town Hall Taken by Enoch Lau on 17 November 2005. ... Image File history File links Download high-resolution version (1600x1186, 409 KB) A w:Woolworths Limited store opposite the w:Sydney Town Hall Taken by Enoch Lau on 17 November 2005. ... Pitt Street is a major street in the central business district of Sydney, New South Wales, Australia. ... The Sydney Opera House on Sydney Harbour Sydney (pronounced ) is the most populous city in Australia, with a metropolitan area population of over 4. ... December 5 is the 339th day (340th in leap years) of the year in the Gregorian calendar. ... 1924 (MCMXXIV) was a leap year starting on Tuesday (link will display the full calendar). ... Foot Locker Inc NYSE: FL (formerly Z) is a United States company specialising in athletic footwear and clothing. ... Capital Sydney Government Constitutional monarchy Governor Professor Marie Bashir Premier Morris Iemma (ALP) Federal representation  - House seats 50  - Senate seats 12 Gross State Product (2004-05)  - Product ($m)  $305,437 (1st)  - Product per capita  $45,153/person (4th) Population (End of March 2006)  - Population  6,817,100 (1st)  - Density  8. ... Foot Locker Inc NYSE: FL (formerly Z) is a United States company specialising in athletic footwear and clothing. ...


Christmas also set up a New Zealand general merchandise operation in Wellington in 1929. Woolworths New Zealand opened its first food store in Auckland in 1956, and supermarkets in 1971. Woolworths New Zealand was sold to the company that is now LionNathan in 1979 and was later sold to Dairy Farm International in 1990, now owned by Progressive Enterprises, a subsidiary of Foodland Associated Limited of Australia. In 2005 Woolworths Limited and Metcash Holdings(IGA) agreed to purchase a demerged Foodland in which Progressive Enterprises and 23 of Foodland's Action brand supermarkets came under Woolworths' ownership. This acquisition brought total store numbers to near 750 in Australia. 1929 (MCMXXIX) was a common year starting on Tuesday (link will take you to calendar). ... 1956 (MCMLVI) was a leap year starting on Sunday of the Gregorian calendar. ... 1971 (MCMLXXI) was a common year starting on Friday. ... For the song by The Smashing Pumpkins, see 1979 (song). ... MCMXC redirects here; for the Enigma album, see MCMXC a. ... Progressive Enterprises Limited is a New Zealand company, and a subsidiary of the Australian retail group Woolworths Limited. ... 2005 (MMV) was a common year starting on Saturday of the Gregorian calendar. ... IGA may stand for: Koji Igarashi, a video game producer Interactive genetic algorithm International Geothermal Association Independent Glass Association International Gothic Association International Gamers Award International Goat Association Irish Games Association Irish Geological Association ImmunoGlobulin A - see IgA nephritis which is a renal disease IGA (supermarkets) Independent Grocers Association or... Progressive Enterprises Limited is a New Zealand company, and a subsidiary of the Australian retail group Woolworths Limited. ... Action is the third largest supermarket chain in Australia. ...


During the late 1920s, the company grew with a second store in Sydney and opened stores in Brisbane and Perth and grew further in the 1930s, despite the depression, until by the end of 1933 when Woolworths had expanded to 23 stores. In 1933, the first store in Melbourne was opened. On April 1, 1936, the company bought eight stores from Edments Ltd and opened its first store in Adelaide. The 1920s is a decade sometimes referred to as the Jazz Age or the Roaring Twenties, usually applied to America. ... Brisbane (pronounced ) is the capital and most populous city of the Australian state of Queensland, as well as the third largest city in Australia, with a greater metropolitan population of just under two million. ... The Perth skyline viewed from the Swan River This article is about the urban area of Perth, Western Australia. ... The 1930s (years from 1930–1939) were described as an abrupt shift to more radical and conservative lifestyles, as countries were struggling to find a solution to the Great Depression, also known in Europe as the World Depression. ... Melbournes CBD has grown to straddle the Yarra River in three major precincts. ... April 1 is the 91st day of the year (92nd in leap years) in the Gregorian calendar, with 274 days remaining. ... 1936 (MCMXXXVI) was a leap year starting on Wednesday (link will take you to calendar). ... Adelaide is the capital and most populous city of the Australian state of South Australia, and is the fifth largest city in Australia, with a population of over 1. ...


World War II slowed the growth of Woolworths and both the Australian and United States military used Woolworths' warehouses in Sydney for storage. After the war however, expansion was rapid and in 1955, Woolworths opened its 200th store in the Civic Centre in Canberra (since closed down). At this point Woolworths was still mainly a variety chain and had not moved into the food sector that it uses the "Woolworths" brand for today. This move began in 1955 when it opened its first supermarket at Beverly Hills south-west of Sydney. The company bought the Rockmans chain of women's clothing stores in 1960. Combatants Allied powers: China France Great Britain Soviet Union United States and others Axis powers: Germany Italy Japan and others Commanders Chiang Kai-shek Charles de Gaulle Winston Churchill Joseph Stalin Franklin Roosevelt Adolf Hitler Benito Mussolini Hideki Tōjō Casualties Military dead: 17,000,000 Civilian dead: 33,000... 1955 (MCMLV) was a common year starting on Saturday of the Gregorian calendar. ... For other uses, see Canberra (disambiguation). ... 1955 (MCMLV) was a common year starting on Saturday of the Gregorian calendar. ... Beverly Hills (Australia), is a suburb of southwestern Sydney, Australia, located about 15 kilometres from the Central Business District. ... 1960 (MCMLX) was a leap year starting on Friday (the link is to a full 1960 calendar). ...


In the 1970s, the company started to open the first Big W discount department stores and the slow removal of many variety products from the supermarket and variety stores began, this process finished in 1989 when the last of the Woolworths Variety stores was closed (except the one in Rundle Mall) and the "Family Centres" were split into separate Big W and Woolworths supermarket stores. Woolworths' acquired the Dick Smith Electronics consumer electronics chain in 1981 and later expanded the consumer electronics arm of its business with the purchase of the Tandy chain in Australia from InterTan Inc in 2001. Conversely, the company sold the Rockmans chain in 2000. Template:A year The 1970s decade refers to the years from 1970 to 1979, inclusive. ... 1989 (MCMLXXXIX) was a common year starting on Sunday of the Gregorian calendar. ... Rundle Mall is the main Shopping centre in Adelaide, South Australia. ... 1981 (MCMLXXXI) was a common year starting on Thursday of the Gregorian calendar. ... 2000 (MM) was a leap year starting on Saturday of the Gregorian calendar. ...


In 1985 the acquisition of the 126 Safeway stores in eastern Australia made Woolworths the largest food retailer in Australia. Safeway stores were located in Victoria, New South Wales and Queensland and included Food Barns in Queensland and Northern New South Wales. The stores were acquired following an agreement whereby Safeway received a 19.99% interest in Woolworths Limited. All Woolworths and Safeway supermarkets in Victoria effectively traded under the one Safeway brand from then onwards while all of Safeway's Food Barns in Queensland and New South Wales became part of Woolworths. Safeway NYSE: SWY is North Americas third largest supermarket chain, with over 1800 stores located throughout the central and western United States and Canada. ...


Around this time, the supermarket chain had run 8 small supermarket chains including the Queensland-based Food For Less and the Sydney-based Flemings, which have both survived to this day. Food For Less is an Australian discount supermarket chain owned by Woolworths Limited. ...


In 1989, the company was acquired by Industrial Equity Limited (IEL) and remained a wholly owned subsidiary until 1993 when it was floated in the biggest share sale (at that time) in Australia's history. 1989 (MCMLXXXIX) was a common year starting on Sunday of the Gregorian calendar. ... 1993 (MCMXCIII) was a common year starting on Friday of the Gregorian calendar and marked the Beginning of the International Decade to Combat Racism and Racial Discrimination (1993-2003). ...


In 1996, Woolworths entered the petrol market, initially with wholly owned "Plus Petrol" outlets located in shopping centre parking lots. In 2004, as part of a loyalty program aimed at attracting customers to supermarkets through the lure of 4 cents a litre discounts, Woolworths entered into an agreement with Caltex to co-brand some Caltex outlets as Woolworths petrol. These joint venture outlets are supplied with fuel by Caltex and with groceries by Woolworths, and accept Woolworths cards and discounts dockets.


In 1999, Woolworths began a joint venture with the Commonwealth Bank called Woolworths Ezy Banking. This venture is now being scaled back, but this has not stopped the company from pursuing other financial services initiatives - in 2005 the company reached an agreement with the ANZ Banking Group to supply ATMs at Woolworths locations.


In 1997, Woolworths opened their first Metro store in Sydney, converting their premier variety store for 32 years to this format with the lower ground floor specialising in a large range of ‘prepared meals’ to cater for the increasing numbers of city dwellers, a kind of convenience store. Subsequent stores opened in Coogee, Boronia Park and West Pennant Hills in Sydney and Ascot in Brisbane. Stores that have since been sold off or re-branded are Newtown, Waterloo and its Sydney city store (all in Sydney). 1997 (MCMXCVII) was a common year starting on Wednesday of the Gregorian calendar. ... The Sydney Opera House on Sydney Harbour Sydney (pronounced ) is the most populous city in Australia, with a metropolitan area population of over 4. ... This is a disambiguation page — a navigational aid which lists other pages that might otherwise share the same title. ... West Pennant Hills is a suburb in the Hills district, in the north-west of Sydney. ... Ascot, Queensland, is generally regarded to be one of the oldest and most prestigious suburbs of Brisbane, Australia. ... Brisbane (pronounced ) is the capital and most populous city of the Australian state of Queensland, as well as the third largest city in Australia, with a greater metropolitan population of just under two million. ... // Places UK Newtown is the name of several places in the United Kingdom: Newtown, Hampshire Newtown, Isle of Wight Newtown, mid Wales Newtown Ho Newtown Linford Newtown, Birmingham USA Newtown is the name of several places in the United States of America: Newtown, Connecticut Newtown, Indiana Newtown, Missouri Newtown, New... Cabbage Hotel, Botany Road, Waterloo Waterloo is an inner-city suburb of Sydney, New South Wales, Australia. ...


With growth opportunities in other sectors becoming limited, Woolworths started to expand into liquor businesses. A peculiarity of the licencing laws means that retail outlets in Queensland can only be operated by a hotelier - which each pub entitling the operator to three retail liquor outlets within a certain distance. This lead both Woolworths and its competitors to look at the hotel industry as a future area of expansion. Capital Brisbane Government Constitutional monarchy Governor Quentin Bryce Premier Peter Beattie (ALP) Federal representation  - House seats 28  - Senate seats 12 Gross State Product (2004-05)  - Product ($m)  $158,506 (3rd)  - Product per capita  $40,170/person (6th) Population (End of September 2006)  - Population  4,070,400 (3rd)  - Density  2. ...


Woolworths formed a joint venture (called Bruandwo) with Bruce Mathieson, an experienced pub operator, and this venture purchased hotelier Australian Leisure and Hospitality Group in 2005. In late 2005 the ALH Group also acquired the Taverner Hotel Group and the Bruce Mathieson Group further cementing its position as Australia's premier liquor retailer, with a current portfolio of 250 hotels.


The hotel business, run by the ALH Group, is 25% owned by Bruce Mathieson and 75% owned by Woolworths Ltd.


In 2006 the company has had three major events: (1) In June Woolworths opened a buying office in Hong Kong to cut out the intermediary in sourcing foreign produced items; (2) The company announced a venture with the Tata Group in India to introduce the Dick Smiths Electronics stores to that country; and (3) in September the company announced it had taken a 10% strategic stake in the New Zealand entity The Warehouse Group.


External links

  • Official website
Woolworths Limited

Supermarkets (including Liquor and Petrol): Woolworths Supermarkets | BWS | First Estate | Dan Murphy's | Woolworths Petrol
General Merchandise: Big W
Consumer Electronics: Dick Smith Electronics | Tandy
Hotels: Australian Leisure and Hospitality
Woolworths, or as many Australians refer to it, Woolies, is the name of the largest supermarket chain in Australia, owned by Woolworths Limited. ... Dan Murphys is an Australian liquor seller, with many locations across Australia. ... A typical Woolworths Petrol outlet. ... Big W is the second largest discount department store in Australia, with over 120 stores located nationwide. ... Dick Smith Electronics is an Australasian electronics retailer founded in 1968 by Dick Smith. ... Tandy is an electronics retailer in Australia, owned by Woolworths Limited External links Tandy - Official Site Category: ...


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