Woolworths Limited will no longer use MasterCard and Visa networks to process debit card payments. All future transactions will now go through the Australian EFTPOS network across its entire network of stores including Big W and Dick Smith.
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In August 2009, Woolworths launched Everyday Mobile with the aim of offering consumers a cheap and easy to understand prepaid mobile option. Due to its popularity with consumers, the company has expanded its service with a new plan.
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Woolworths Limited has posted a net profit after tax of $1.095 billion for the 27 weeks ending 3 January 2010. This represents an 11.4 per cent increase compared to the previous period.
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According to its first half year sales results, Woolworths Limited witnessed a 6 per cent increase to $27.2 billion for the 27 weeks to 3 January 2010. Sales across Woolworths, Big W and Dick Smith stores all showed signs of growth for the period.
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Logitech Australia Computer Peripherals has issued a product recall for a power adaptor on one of its iPod and iPhone alarm clocks due to a risk of electric shock. Big W, JB Hi-Fi, Harvey Norman and The Good Guys have all sold this product.
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At the Woolworths Limited Annual General Meeting, CEO Michael Luscombe has outlined the strong performance of the entire company's retail stores and how they have taken advantage of the economic downturn.
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Big W was a dominant player in Woolworths' latest financial results, recording its third straight year of double digit growth in revenue and earnings. Dick Smith and the Consumer Electronics market also had positive reports.
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Woolworths has released its final profit report for the 52 weeks ending 28 June 2009; the results show that the company is continuing its dominance across the retail market with a net profit after tax of over $1.83 billion and sales just under $50 billion
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Quickflix, Australia's leading online movie rental company has just announced a new consumer promotion where it is giving away free subscriptions to Harvey Norman customers.
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Woolworths Limited has just announced that it has joined forces with Optus to launch Woolworths Everyday Mobile, a new prepaid mobile service to offer consumers a simple and low-cost prepaid mobile phone service.
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Woolworths released its FY09 results yesterday and as reported by Current.com.au, Dick Smith and the CE sector performed very strongly. In addition to this the supermarket division and Big W also witnessed exceptional growth in these tough times.
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Philips Consumer lifestyle and Crest Electronics have just announced that it is supporting the Children's Hospital foundations Australia by donating $5 from every sale of their selected headphones at Big W and Dick Smith stores.
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At an event held at Sydney's Museum of Contemporary Art last night, Pioneer Electronics Australia officially announced its partnership with UK digital radio distributor Pure and launched a wide variety of its new DAB radio offerings.
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Woolworths has just revealed its third quarter sales figures for the 13 weeks to 5 April 2009, recording an impressive $12.3 billion, Big W and Dick Smith also recorded exceptional results.
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Woolworths has announced it wants to take its Dick Smith's consumer electronics retailer to number one in CE retailing in Australia, with a strategic review of the business to be conducted similar to the successful Big W re-vamp.
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