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Woolworths boss Grant O'Brien to retire

2015-06-17 03:16:24| Grocery - Topix.net

DEVELOPING: Supermarket giant Woolworths has announced that under fire chief executive Grant O'Brien will retire after less than four years in the job. Supermarket giant Woolworths has announced that under fire chief executive Grant O'Brien will retire after less than four years in the job.

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Woolworths chief executive Grant O'Brien to retire

2015-06-17 03:16:23| Grocery - Topix.net

Woolworths's three-year strategy to reinvigorate profit growth is in doubt after the architect of the strategy, chief executive Grant O'Brien, fell on his sword following a deterioration in sales over the last few months. The supermarket giant on Wednesday said it had launched a global search for a new chief executive after Mr O'Brien, 53, told chairman Ralph Waters on Monday night he intended to retire after less than four years in the job.

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Woolworths to launch mobile service on Telstra's network

2015-05-28 02:00:00| Total Telecom industry news

Supermarket chain signs MVNO deal with Australian incumbent to facilitate a return to mobile services.

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Coca-Cola Amatil set on stabilising earnings despite Woolworths, Coles price war

2015-05-12 07:34:46| Beverages - Topix.net

Coca-Cola Amatil CEO Alison Watkins: "Our business has quite a lot of seasonal variation, our profitability is very much weighted towards the warmer months..." Coca-Cola Amatil chief executive Alison Watkins is intent on steadying earnings this year even though increasing price competition in supermarkets has made it harder to lift soft drink and bottled water prices. In a break from tradition, Coca-Cola Amatil did not issue a trading update at its annual meeting in Sydney on Tuesday, but Ms Watkins said she was comfortable with profit targets unveiled late last year and was confident that earnings per share would stabilise in 2015 before returning to mid-single digit growth over the next few years.

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Woolworths: An Impressive Business Very Close to Value

2015-05-11 22:25:39| Grocery - Topix.net

Woolworths is a diverse, dominant player in the oligopoly that is the Australian supermarket landscape predominantly in Australia, but also in New Zealand. To put Woolworths' enormous scale advantage into perspective: group sales of $54 billion represented 21% of total Australian retail sales in 2014.

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