Macroeconomics and Grocery Stores Industry
Company overview
Key information of the Woolworth
Woolworth (WOW) is an Australia corporation with more than 195,000 employers which operates business in grocery stores industry which was founded by Percy Christmas in 1924 (Woolworths, 2012). Its manages 3,000 stores which are located in New Zealand, Australia and India serving 28 million consumers for liquor, span food, petrol, home improvement, hotel and general merchandize (Woolworths, 2012).
First, the company WOW operates supermarkets under several well known brands across different countries, including 1,033 supermarkets with the brands of Woolworths and Safeway operating in Australia and the brand of Countdown brand operating in New Zealand (Woolworths, 2012). Moreover, there are 11 supermarkets with the brand of Thomas Dux which are operated in Australia. Second, there are several liquor brands such as Woolworths/ Safeway, BWS and Dan Murphy’s which can serve different demand for various customers (Woolworths, 2012). Third, there are 599 canopies in Australia with 132 of them are co-brand with Caltex in the petrol retailing business (Woolworths, 2012). Fourth, there are 172 BIG W stores in the general merchandise business serving the every day’s needs of the customers. Then, the 294 premium hotels in the hotel division can provide the service of bars, accommodation, gaming, dining and venture hiring (Woolworths, 2012). Finally, there are 15 Masters Stores and 21 hardware stores in the home improvement department (Woolworths, 2012).
Latest Events
Two Non-Executive Directors Retires: Woolworths announced at 25 July that two Non-Executive Directors who are Roderick Deane and John Astbury will effectively retire since 31 August. Deane and Astbury once managed human resource strategy, financial management and governance (Woolworths, 2013a).
New Woolworths ' brand store opens in Indooroopilly: the new store of Woolwoths’ brand opens at 23 July located in the redevelopment area in the Indooroopilly
Key information of the Woolworth
Woolworth (WOW) is an Australia corporation with more than 195,000 employers which operates business in grocery stores industry which was founded by Percy Christmas in 1924 (Woolworths, 2012). Its manages 3,000 stores which are located in New Zealand, Australia and India serving 28 million consumers for liquor, span food, petrol, home improvement, hotel and general merchandize (Woolworths, 2012).
First, the company WOW operates supermarkets under several well known brands across different countries, including 1,033 supermarkets with the brands of Woolworths and Safeway operating in Australia and the brand of Countdown brand operating in New Zealand (Woolworths, 2012). Moreover, there are 11 supermarkets with the brand of Thomas Dux which are operated in Australia. Second, there are several liquor brands such as Woolworths/ Safeway, BWS and Dan Murphy’s which can serve different demand for various customers (Woolworths, 2012). Third, there are 599 canopies in Australia with 132 of them are co-brand with Caltex in the petrol retailing business (Woolworths, 2012). Fourth, there are 172 BIG W stores in the general merchandise business serving the every day’s needs of the customers. Then, the 294 premium hotels in the hotel division can provide the service of bars, accommodation, gaming, dining and venture hiring (Woolworths, 2012). Finally, there are 15 Masters Stores and 21 hardware stores in the home improvement department (Woolworths, 2012).
Latest Events
Two Non-Executive Directors Retires: Woolworths announced at 25 July that two Non-Executive Directors who are Roderick Deane and John Astbury will effectively retire since 31 August. Deane and Astbury once managed human resource strategy, financial management and governance (Woolworths, 2013a).
New Woolworths ' brand store opens in Indooroopilly: the new store of Woolwoths’ brand opens at 23 July located in the redevelopment area in the Indooroopilly
References: RBA. (2013a). Australian GDP Growth and Inflation. Retrieved from http://www.rba.gov.au/chart-pack/au-gdp-growth.html RBA RBA. (2013c). Factors of Production and Labour Market. Retrieved from http://www.rba.gov.au/chart-pack/factors-prod-labour-mkt.html Woolworths. (2012). Annual Report 2012. Retrieved from http://www.woolworthslimited.com.au/page/Invest_In_Us/Reports/Reports/ Woolworths Woolworths. (2013b). Woolworths ' brand new Indooroopilly store welcomes first customers. Retrieved from http://www.woolworthslimited.com.au/page/The_Newsroom/Latest_News/Retirement_of_Non_-_Executive_Directors/ Yahoo Finance. (2013a). WOW.AX vs. Industry Leaders. Retrieved from http://finance.yahoo.com/q/in?s=WOW.AX+Industry Yahoo Finance Yahoo Finance. (2013c). Industry Statistics. Retrieved from http://biz.yahoo.com/ic/734.html