Following a COVID-19-led crash in the ASX on Monday retailers have rebounded as panic buying sets in.
Tag: Woolworths
Posted inAustralian Hotelier, National Liquor News, News, Off-Premise News, Retail News
Strong first half for Woolworths hit by increased underpayment costs
Woolworths has reported on its first half with increased sales and EBIT for both the group and EDG, but costs related to its underpayment of staff have increased.
Posted inOff-Premise News, Retail News
Woolies reveals Endeavour Group CEO and COO
Veteran executive Steve Donohue will take the top job if demerger proceeds.
Posted inNews, Off-Premise News, Retail News
Federal Court approves Woolworths restructure
Following shareholder approval earlier this week the Federal Court has approved changes to Woolworths.
Posted inAustralian Hotelier, National Liquor News, News, Off-Premise News, Pub News, Retail News
Woolworths shareholders vote in favour of EDG spin-off
Woolworths now waiting for Federal Court approval for its plan to restructure and create Endeavour Group.
Posted inNews, Off-Premise News, Retail News
Chairman-elect for Endeavour Group revealed
Woolworths Group has announced the proposed Chairman-elect should the Endeavour Group demerger proceed.
Posted inNews, Off-Premise News, Retail News
Woolworths facing class action over salary payments
A Canberra law firm has announced its intention to file an employee class action against Woolworths Group.
Posted inAustralian Hotelier, National Liquor News, News, Off-Premise News, Pub News, Retail News
Woolworths reveals details for Endeavour Group transformation
Shareholders will vote on the plans for Woolworths’ drinks business, its share of ALH and the creation of a new entity within the group called Endeavour Group.
Posted inAustralian Hotelier, National Liquor News, News, Off-Premise News, Pub News
Earnings decline for Endeavour Drinks, but confidence high for future success
Woolworths has delivered its FY19 results which have shown a 9.7 per cent decline in normalised EBIT for EDG, but there are “early signs of improvement” in meeting changing customer needs.
Posted inAustralian Hotelier, National Liquor News, News, Off-Premise News, Pub News
Woolworths to combine then demerge EDG and ALH
Woolworths has revealed its intention to combine Endeavour Drinks Group and ALH Group into a single entity and demerge the new business.