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.
Here are the headlines from the S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO) and Australian finance circles on Thursday morning. Woolworths Group Ltd (ASX:WOW) has penned a deal with Caltex Australia Limited (ASX:CTX)
Metcash Limited (ASX:MTS) shareholders will receive a larger dividend from the retail company following an improved profit result from its hardware division.
Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is up by 0.66% at lunch.
Amazon Prime is launching in Australia, which will be a boost for online shoppers and cause more worries for retail share investors.
Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is up by 0.14% at lunch.
Metcash Limited (ASX: MTS) announced this morning that it will recognise a $352 million impairment to goodwill and other net assets in the Supermarkets & Convenience segment of its business.
Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is up by 0.79% at lunch.
Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is up by 0.50% at lunch.
This morning, Woolworths Group Ltd (ASX: WOW) reported its quarterly sales for the 13 weeks to 1 April 2018.
