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Woolworths

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An employee supervises self-service checkout kiosks at a Woolworths Group Ltd. grocery store in Sydney, Australia, on Monday, Aug. 21, 2023. Woolworths is scheduled to release earnings results on Aug. 23. Photographer: Brent Lewin/Bloomberg via Getty Images

Woolies workers bag a four-day week

A significant agreement between the supermarket giant and the shop assistants union will lock in more flexible rostering practices across the retail sector.

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Dan Murphy's Norman Gardens officially opened on April 19, 2024. Picture: Aden Stokes

Hedge funds eye Endeavour

Based on the way the stock has traded since Woolworths sold its shares, it looks apparent that plenty of hedge funds have taken up stock in Endeavour Group.

MarketsTrading Day
SYDNEY, AUSTRALIA: NewsWire Photos: MARCH 18 2024:  A general view of the digital boards at the ASX in Sydney. Picture: NCA NewsWire/ Gaye Gerard

High markets ‘disconnected’ as geopolitics hit home

Stock markets are ‘disconnected’ as they remain at near record highs despite surging bond yields and the outlook for interest rates and geopolitics is starting to hit market sentiment, a top strategist warns as the Australian market has its worst two-day fall in six months.

Trading DayTrading Day
SYDNEY, AUSTRALIA: NewsWire Photos: MARCH 18 2024:  A general view of the digital boards at the ASX in Sydney. Picture: NCA NewsWire/ Gaye Gerard

Why US inflation dents rate cut hopes

As US inflation proves even stickier than expected it’s increasingly likely the Fed won’t cut interest rates any time soon | Also today: ASX 200 trims sharp falls, Star down. 

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SYDNEY, AUSTRALIA : Newswire Photos AUGUST 30 2023: A general view of the digital boards at the ASX in Sydney. Picture: NCA Newswire/ Gaye Gerard

Why this top fund manager is backing gold

Collins St Asset Management says a valuation gap with gold miners is set to close rapidly, potentially within months. Also today: EY prepares to announce layoffs. RBNZ holds rates. Dubber sacks CEO. 

Original URL: https://www.theaustralian.com.au/topics/woolworths/page/4