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australia-retail-earnings-woolworths People shop at a Woolworths store in Sydney on August 25, 2016. Australian supermarket giant Woolworths on August 25 reported a large annual net loss of AUD 1.23 billion (USD 940 million), its first since listing more than two decades ago, following a failed push into hardware and a slump in food sales.
Jul 25, 2016 · Download this stock image: Sydney, Australia. 25th July, 2016. Woolworths' flagship store in the Sydney CBD pictured as Woolworths revealed 500 jobs will go in back office and supply roles as part of an overhaul of its business amid tough competition in the retail industry on 25 July, 2016. Woolworths also announced that 30 stores will close, including 17 supermarkets in Australia, six ...
January 26, 2024 - 9:07AM. Fed-up Woolworths staff have hit out at the supermarket’s controversial Australia Day decision, slamming the “unbelievable” and “disgusting” move in a series ...
Logo used until 2017. Woolworths Group Limited is an Australian multinational retail and finance company, primarily known for the operation of its retail chain Woolworths Supermarkets across Australia, Woolworths (previously known as Countdown) in New Zealand and its discount department store Big W. Headquartered in Bella Vista, Sydney, it is ...
The scandal began in late 2019, when Woolworths disclosed that it believed it had underpaid 5,700 of its employees by as much as $300 million – a record at the time. In response, Fair Work launched an investigation and Woolworths repaid the staff with interest.
Aug 25, 2016 · Woolworths has posted a full year loss of $1.23 billion — a slump of 157.5 per cent from the year prior, hammered by its failed home improvement venture, a downturn in Big W sales, and as food ...
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