I dont think they’ll expand store numbers, but I wouldnt put it past them to relocate to new (potentially smaller) premises where the economics make sense
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Target Palmerston is trading in a centre that was once thriving but now killed due to new nearby shopping centres opening their doors over the past 4 years (which have Kmart and Big W in them). All the flagship national retailers moved out into the new ones as-well.
City of Palmerston also indicated in their Master Plans that they wish to demolish the centre infavour of apartments/smaller retail.
I was very surprised Target decided to keep the doors open in that location, unless they are just waiting until the lease ends before making a decision.
I’ve been into some of these Woolies Metro supermarkets and found it frustrating that they are so small and therefore don’t contain all the stock you might be looking for. On top of that, they are seriously overpriced compared to the regular Woolies. I noticed the other day that a bottle of soft drink which is $3 at Woolies was $3.70 at Woolies Metro. 
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But at least the Metro branding signals that to you - and that you probably want to seek out a standard Woolworths if you’re doing a bigger shop.
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My thoughts exactly, was just surprised that Target might be planning a new store in Coolalinga. Perhaps they want to keep presence in Greater Darwin.
The Palmerston area is certainly growing.
Genuinely embarrassing for Woolworths.
They’ve been working on the Metro concept for 10+ years, it’s been one of their main focuses within the division. As much as some of it can be blamed on bad luck with COVID, it does feel like they got carried away with testing too many concepts and losing direction / focus on what they had set out to achieve in the first place.
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Woolworths need to watch their pricing in the Metro stores.
For many people their only contact with Woolies might be a Metro store and they could think it was normal pricing for the supermarket chain.
Woolworths Metro also don’t have the same specials as the other stores which I think was a mistake. If their prices where the same as their main stores they could provide some real competition to local convenience stores like 7 Eleven and others. Before Covid when I was working in the city more often I used to go to the Pitt Street store all the time to pick up a few items on my way home. Plus that store had some good lunch options which they have stopped due to Covid-19. I hope they continue with the concept but tweak it a bit, and not slowly get rid of it like they did with Thomas Dux
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Yes, they are really inconsistent. I stopped shopping at that one which was metres from my office because it was more expensive. I used to walk up to the bigger Town Hall Woolies which had more stock and the same prices as a regular supermarket.
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It’s a grab and go setup. Like Tesco express all across London. However I didn’t find the prices there much higher compared to normal tesco.
City foot traffic won’t probably hit growth mode from pre Covid levels until later this decade.
Woolworths should perhaps focus on full line supermarkets in the city. One just opened recently over near Crown. I don’t believe Sydney city has one perhaps an opportunity one day. The Melbourne city QV Woolworths is one of the biggest trading stores as well as the Bigw its opposite.
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I suspect it’s a way of increasing profits, trading off their reputation and hoping that customers won’t notice the higher prices and / or are happy to pay for the convenience.
They probably see 7Eleven or Coles Express as their competitors in this format as much as (or maybe more so) than a full line Coles.
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I feel if this is the market they are going against, perhaps it would be better to create a new brand for these stores. I know there are issues with this but in the long run it might have been better.
see this is one of the problems. for example, here in Brisbane i can go to Woolworths Metro or i can walk 2 blocks and be at a full service coles and woolies. If i am picking up basics, or just want convince i go to the metro, but if i need to pick up anything more it’s off to the full service shop as i know they have the range
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Woolworths Town Hall is pretty much the a full line supermarket. The layout is a bit frustrating though. They have a crowded lower ground and ground floor and a half empty first floor and an unused second floor.
They could benefit by moving some stock upstairs and widening the product offerings. But instead they have stuck to cramming most of it onto two floors and not offering as a wide a range as they could.
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The Woolies at Central Park is comparable to Southbank. They have Town Hall and Haymarket within the 2000 postcode which are both full-line stores though on the smaller size. Met Centre is also a big Metro rather than one of the smaller corner shop style ones.
The issue is that development sites are constrained and retail rents are so high in the Sydney CBD. The best chance of getting a decent new supermarket in the CBD is probably the next stage of development at Barangaroo which will include some sort of retail centre.
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Received an email today from Everyday Rewards about the demerger of Woolworths Group and Endeavour Group. This affects BWS liquor shops but they say you will still be able to claim Everyday Rewards at BWS after the demerger.
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Oh… So this is why the WOW ASX just absolutely plunged.
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I have shares in Woolworths so I should also receive the same amount of Endeavour Group shares.
UPDATE: Endeavour Group share closed at $6.02 on its first day of trading.
The IGA at Denman Prospect in the ACT installed these last year, and I have seen them at a chemist. I can’t see what the issue is with them, and I think this 7 News story is an exaggeration.
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Do those Please stand here dots remind anyone else of this?
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