As many millennials are now reaching the age at which they start to take over the grocery shopping responsibilities, it is not surprising to observe significant growth in demand for online shopping. On the one hand, this is nothing new: we have seen the ongoing shift to online shopping across... Show More
The fight for supremacy in Australia's supermarkets is a battle that's raged for many years and market cycles, since long before Coles was part of Wesfarmers. Matthew Haupt from Wilson Asset Management and Vince Pezzullo from Perpetual share their view on these two ASX giants. After five years with Coles as... Show More
Aussie market's up trend is about to break as US optimism struggles to support stretched multiples. Aussie markets has experienced profit taking cycles every 2-3 months over the last year. We estimate downside risk in the short term to be around 5-7%. High PE growth stocks will once again be... Show More
Woolworths and Wesfarmers both highlighted at their annual results that the competitive landscape in food and grocery remains robust. Competition has increased from new store expansion from Aldi, and the industry-wide focus to pass on efficiency gains to customers, and invest in lower prices. However, sales growth is likely to... Show More
Following a disappointing third quarter trading update from Woolworths (ASX: WOW) on Wednesday, Standard & Poor’s downgraded the company’s credit rating due to weak earnings and intense competition in the market. The ratings agency lowered Woolworths’ long-term debt rating from BBB+ to BBB, although its outlook was lifted from ‘negative’... Show More
Many have predicted that online retailing could spell the end for its bricks and mortar counterpart– but such thinking seems to ignore over 2,500 years of history. Show More
About 18 months ago, I found myself having problems with the auto-checkout machine at my local Woolies which failed to recognise the weight of one small chilli I placed on the scales. Show More
Supermarket giant Woolworths (ASX: WOW) announced on Monday that it will exit the failing home improvement and hardware business Masters, by either selling or winding it down. After an extensive review, Chairman Gordon Cairns said it would take several years for Masters, which was established in 2011, to become profitable.... Show More
Yesterday was very interesting for the Supermarket sector. The Australian ran an article focused on the German powerhouse, Lidl about to enter the Australian grocery battle. Show More
As the classic disclosure says: ‘Past performance may not be indicative of future results.’ But shareholders of Woolworths (ASX:WOW) could be forgiven for thinking ‘doesn’t apply here’ after 15 years of uninterrupted growth in earnings per share. The good times came to an abrupt end at the last interim result... Show More
