Woolworths Group Ltd (ASX: WOW) was founded in 1924 by Percy Christmas, with its first store opening in Sydney’s Imperial Arcade. Woolworths has gone on to become Australia’s largest supermarket business, operating Woolworths supermarkets in Australia and Countdown in New Zealand. It also runs the retail department store Big W as well as liquor stores Dan Murphy’s and BWS. With over 3,000 stores and more than 200,000 employees, it’s one of Australia’s largest employers.
Amazon.Com Inc (NASDAQ:AMZN) is challenging Woolworths Group Ltd (ASX:WOW) and Coles Group Limited (ASX:COL) territory by selling items at discounted prices.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.40% at lunch.
Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.16% at lunch.
Wesfarmers Ltd (ASX:WES) shares entered a trading halt on Friday morning as the conglomerate awaits the outcome of the courts over its Coles Group divestment.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.44% at lunch.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.13% at lunch.
Here are the headlines from the S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO) and Australian finance circles on Monday morning.
Woolworths Group Ltd (ASX:WOW) released its 2018 financial report and will pay a special fully franked dividend to ASX shareholders.
Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.21% at lunch.
