Woolworths

FED-UP Nationals will take advantage of their own minority government to bring on a royal commission into petrol prices and supermarket duopolies, Coles and Woolworths.

The push, being led by …
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THE race is well and truly on between Woolworths and Coles to downsize to convenience-store footprints, with petrol service stations and local grocer real estate being seized for the transformation.

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PETROL price competition is set to ignite with the rollout of 4 cent discounting at dozens of petrol stations nationally and allow motorists to collect rewards points when they fill …
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Reduced fuel volumes and lower margins due to “targeted competitor actions” in Q3 wiped $20 million off of Caltex’s forecasted EBIT range for this year.

The revised range for the …
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Woolworths is understood to have pushed back until next year its initial public offering plans for its $2 billion petrol stations division as markets remain volatile and Viva Energy continues …
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The arrival of Amazon.com first posed a threat to the likes of JB Hi-Fi Limited (ASX: JBH) and Harvey Norman Holdings Limited (ASX: HVN) before speculation emerged that it would next target supermarkets.

Now the US-listed …
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Woolworths has appointed a veteran food and energy industry executive, Peter Hearl, as chairman of its $4.8 billion petrol business, suggesting the retailer is favouring an initial public offering rather than …
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Caltex Australia will slow the rollout of its The Foodary convenience store brand after signing a new fuel and food supply deal with Woolworths.

The fuel refiner and retailer will …
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A TRIBUNAL has ordered Woolworths pay a self-represented man thousands of dollars for selling him dirty fuel that damaged his car.

The NSW Civil and Administrative Tribunal judgment shows Peter …
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It is a fascinating time to be working in the retail fuel industry in Australia!

A steep escalation in the capital value of retail fuel sites across Australia, coupled with …
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