Tag: WOW
‘Twiggy’ Forrest returns to take Fortescue reins, Woolworths buys majority stake in MyDeal and rain hits Boral profits
Fortescue Metals Group (ASX: FMG) has announced its founder Dr Andrew “Twiggy” Forrest will step in as interim boss when outgoing chief executive officer Elizabeth Gaines concludes her tenure in Augus...
Woolworths rings up $243m docket for majority stake in MyDeal
Woolworths Group (ASX: WOW) has rung up a $243 million bill to acquire a majority 80% stake in retail marketplace MyDeal.com.au (ASX: MYD).
The transaction is expected to enhance the supermarket gi...
Magellan appoints new CEO, TPG sells mobile towers and Orica boss raises fears over energy security
Magellan Financial Group (ASX: MFG) has announced the appointment of a new chief executive officer in David George, six months on from Brett Cairns deciding to walk away from the job.
Magellan chai...
Wide Open Agriculture ships initial Woolworths order, expands rollout
Wide Open Agriculture (ASX: WOA) has announced it has received and shipped initial orders placed by supermarket giant Woolworths Group (ASX: WOW) for its Dirty Clean Food branded Original Oat Milk.
...
BHP, Rio Tinto and Woodside boosted by higher commodity prices, CBA sells 10% to Chinese bank for $1.8b
Earlier in the week, Australia’s two biggest mining firms BHP (ASX: BHP) and Rio Tinto (ASX: RIO) saw their stock prices buoyed by a global rise in the price of iron ore as a result of the conflict in...
Huge battle brewing over the future direction of pharmacies in Australia
During the COVID-19 pandemic, a trip to the pharmacy became one of the few shopping highlights that was allowed during the many lockdowns.
However, it wasn’t just shoppers who were taking notice of...
Wide Open Agriculture signs oat milk distribution deal with Woolworths
Wide Open Agriculture (ASX: WOA) has secured its largest distribution deal to date, locking in supermarket giant Woolworths Group (ASX: WOW) as a supplier of its carbon-neutral, regenerative oat milk....
Where to buy defensive stocks at the right price
If the coronavirus were an Olympic athlete, it would be smashing the best-ever marathon time by taking a sneaky short cut, or else heaving to a weightlifting record with a belly full of steroids.
Y...
ESG friendly versus sinful stocks: which ones perform the best?
In a new era in which environmental, social and governance (ESG) considerations have been enshrined in the way fundies pick their shares, the so-called ‘sin’ stocks had been largely discounted as reli...
Craft beer market offers plenty of upside to discerning operators
Investors thirsting for an ASX beer exposure have been left largely unsated since Fosters/Carlton United Breweries and Lion Nathan were subsumed by foreign buyers a few years back.
Coca Cola Amatil...
SECOS to supply compostable bin liners for sale through Woolworths Eco store network
Australian-based sustainable packaging developer SECOS Group (ASX: SES) has been selected by Woolworths (ASX: WOW) to market its compostable products for sale through the supermarket giant’s network o...
Bubs Australia set to double retail exposure after signing new supply agreement with Woolworths
Organic baby food maker Bubs Australia (ASX: BUB) has struck a new supply agreement with Woolworths (ASX: WOW), Australia’s largest supermarket retailer, which is expected to “materially” boost the co...
Frugl app allows users to compare grocery prices between Woolworths and Coles supermarkets
Family Insights Group (ASX: FAM) has launched its “ground-breaking grocery price comparison and wellness application” called Frugl, available on both Apple and Android devices.
The Frugl app allows...
Openpay ventures into B2B sector via inaugural contract with Woolworths
Payments technology company Openpay (ASX: OPY) is venturing into the business-to-business (B2B) sector via a maiden agreement with major Australian retailer, Woolworths Group (ASX: WOW), barely two mo...
Keytone Dairy locks in frozen foods distribution deal with Woolworths
New Zealand-founded Keytone Dairy Corporation (ASX: KTD) has confirmed a newly-developed line of SuperFoods frozen purees will be stocked in more than 960 large-format retail stores owned by Woolworth...
Woolworths to stock ECS Botanics’ hemp-infused soups
Hemp food company and agribusiness ECS Botanics (ASX: ECS) has confirmed that two of its hemp-infused soups will soon be stocked at hundreds of Woolworths stores across Australia.
The news comes tw...
Woolworths set to stock ECS Botanics’ hemp oil on its shelves early next year
Industrial hemp seed grower ECS Botanics (ASX: ECS) will soon see its hemp oil products being sold in 850 Woolworths (ASX: WOW) stores across Australia after its distribution partner Just Foods secure...
Woolworths to clean up image by getting out of pokies, pubs and liquor
It seems that the Woolworths (ASX: WOW) plan to shed its poker machines could turn into a win-win deal all around.
After it announced the plan to give up control of its pubs and poker machines busi...
Woolworths Group to scoop up stake in Marley Spoon
Woolworths Group (ASX: WOW) will take up a 9% stake in subscription-based meal kit provider Marley Spoon (ASX: MMM), with the major retail group to invest more than $30 million in the junior via struc...