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Tag: woolworths
Coles, Woolworths urged to sign grocery code of conduct
2015-02-24 09:50:33| Grocery - Topix.net
A grocery industry code of conduct aimed at curbing unfair treatment of suppliers by the major supermarket chains will be enacted within days, more than two years after talks commenced between Coles, Woolworths and the food and grocery industry. The Minister for Small Business, Bruce Billson, said the code had been significantly strengthened after an extensive consultation process to prohibit "unacceptable" practices and unfair changes to supply agreements that might not have been banned under the original proposal agreed to by Coles, Woolworths and the Australian Food & Grocery Council in November 2013.
Tags: sign
code
conduct
grocery
Backpacker underpaid $5000 at Woolworths sushi bar, says Fair Work Ombudsman
2015-02-11 06:56:48| Grocery - Topix.net
The Fair Work Ombudsman said the franchisee of the Sushi Izu bars inside Woolworths' Town Hall and Double Bay supermarkets had paid the man - who was on a working holiday - less than $16.50 an hour when he was entitled to $17.98 during normal hours and up to $39.57 on penalty rates. The 26-year-old South Korean backpacker, on a 417 working holiday visa, worked at Sushi Izu for three months, preparing food and cleaning.
Woolworths, Coles set for cheap fuel boost
2015-01-14 00:44:17| Logistics - Topix.net
While Coles and Woolworths may get boosts from cheaper transport costs, experts say shoppers should not expect savings at the checkout. Photo: Louise Douvis Companies involved in Australia's biggest supply chains, including Woolworths and Wesfarmers, are poised to benefit from the falling oil price if transport companies such as Toll Holdings pass on fuel savings, analysts say.
Australia shares ease on disappointing China PMIs, Woolworths slides
2014-11-03 07:50:47| Grocery - Topix.net
Sydney stocks fell slightly on Monday as Chinese manufacturing activity reinforced concerns of cooling growth in Australia's key export market, while a surprise slump in domestic building approvals also hurt sentiment. " released some data on Saturday, the official figures, which disappointed," said Tristan K'Nell, head of trading at Quay Equities, referring to China's Purchasing Managers Index which grew more slowly in October than the previous month.
Tags: china
australia
shares
ease
Woolworths Limited Or Wesfarmers Limited: Which Can Give A Better Long-Term Return?
2014-10-01 22:16:58| Grocery - Topix.net
With three performance metrics and three dividend related comparisons, we can see which has the advantage and may generate a better total shareholder return. For many years, two big names in Australian retailing have battled it out for the number one spot in supermarkets and general retailing.
Tags: give
return
limited
longterm
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