(Reuters) – Australia’s competition watchdog said on Thursday it will not oppose Woolworths’ acquisition of a 55% stake in specialty pet retailer Petstock Group. The Australian Competition and Consumer Commission …
woolworths
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MIsc. News
Australian regulator probes PETstock’s prior M&As ahead of Woolworths deal
by Reutersby Reuters(Reuters) -Australian competition watchdog said on Thursday PETstock’s certain completed acquisitions made between 2017 and 2022 raise significant concerns, as the regulator reviewed the pet retailer’s stake sale to Woolworths …
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Business News
Coffee at home: Australia Woolworths’ sales jump as shoppers cut costs
by Reutersby ReutersBy Byron Kaye and Archishma Iyer (Reuters) – Top Australian grocer Woolworths Group Ltd posted a bigger than expected rise in third-quarter sales as shoppers bought more of its cheaper …
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US and World News
Australian grocer Woolworths quarterly sales rise 1.8% on higher prices
by Reutersby Reuters(Reuters) – Australian grocer Woolworths Group reported a 1.8% rise in first-quarter sales on Thursday, helped by higher product prices. Total group sales for the country’s biggest supermarket chain came …
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US and World News
Woolworths says data of online unit’s 2.2 million users breached
by Reutersby Reuters(Reuters) – Australia’s Woolworths Group Ltd said on Friday its majority-owned online retailer MyDeal identified that a “compromised user credential” was used to access its systems that exposed data of …
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Financial News
Australia’s Woolworths offers to buy majority stake in MyDeal.com
by Reutersby Reuters(Reuters) – Australia’s Woolworths Group on Friday offered to buy 80% stake in online retailer MyDeal.com, as it looks to take on major internet retail giants operating in the country …