Business

Catie Low

Catie Low covers the retail and consumer goods sectors.

Woolworths' comparable sales surged by 3.1 per cent in the second quarter.

Woolworths goes after the family spend

Woolworths is closing-in on Coles' family shoppers after transforming its billion-dollar investment in price into a record-breaking second quarter sales surge.

Psychological win even as profit is down: Woolworths chief executive Brad Banducci.

Woolworths breaks 7.5-year losing streak

Woolworths broke its 30-quarter losing stream by winning the second quarter sales race with Coles, posting a 3.1 per cent increase in same store sales for the second quarter compared to must 0.9 per cent growth at Coles.

Coles, Woolworths & Officeworks

Millions thrown at supermarket price war

The changing of the guard at Wesfamers this week was all but overshadowed by a sharp fall in earnings from its prized supermarket business Coles, big losses from its UK hardware operation and the likely sale of both coal and the Officeworks chain.

Woolworths Holdings paid $2.1 billion to buy the David Jones department store chain in 2014.

David Jones sales sag in first half

In the 26 weeks to December 25, David Jones sales increased by 4 per cent, compared to an 11.2 per cent spike in sales growth in the previous corresponding period.