Endeavour Group Ltd ( EG ) is an Australian alcoholic drinks retailer, hotel operator, and poker machine operator that was spun off from Woolworths Group in 2021.
51-605: In 2019, Woolworths restructured its alcoholic drinks business to form Endeavour Group. In June 2021, the Endeavour Group was listed as a separate entity on the Australian Securities Exchange . In April 2023, Endeavour invested $ 3 million in esports company Fortress. In August 2023, the Victorian Gambling and Casino Control Commission fined Australian Leisure and Hospitality Group $ 550,000 after finding
102-542: A real estate investment trust known as Shopping Centres Australasia Property Group (SCA Property Group), which listed as a separate entity on the ASX on 26 November 2012. Most of the locations contain a Woolworths owned store as an anchor tenant , with the trust deriving most of its rental income from Woolworths Limited stores. Woolworths announced it was exiting the consumer electronics retailing sector in September 2012, completing
153-514: A "Better Tomorrow [sic]". It was designed by Re, a business design division of UK-based advertising firm M&C Saatchi . In May 2022, Woolworths announced a $ 243 million bid to acquire an 80 percent stake in online marketplace MyDeal from its founder, Sean Senvirtne . The acquisition was finalised in September 2022. In July 2022, Cartology announced it had made a deal to acquire targeted advertising company Shopper Media for $ 150 million. In December 2022, Woolworths Group said it would acquire
204-464: A $ 781 million loss due to major write-downs. Amanda Bardwell, head of WooliesX, is set to succeed Banducci as CEO. Westfield Sydney Westfield Sydney is a large, upmarket shopping centre in the Sydney central business district . It is located underneath Sydney Tower and is located on Pitt Street Mall , adjacent to MidCity and Glasshouse , and near The Strand Arcade . Westfield Sydney
255-402: A 55 percent stake in pet business Petspiration Group for $ 586 million. That month, it also inked a deal with SuperPharmacy to acquire the company's technology and warehouse assets and rebrand SuperPharmacy's six retail stores as HealthyLife Pharmacy. Woolworths will also provide e-commerce and warehousing services to SuperPharmacy. In March 2023, HealthyLife launched telehealth services through
306-640: A deal that gave the company a 45 percent share of the New Zealand grocery sector. In the same deal, the company also acquired 22 Action supermarket stores in Western Australia, bringing the total number of Woolworths supermarkets in Australia to near 750. In 2006, Woolworths announced that it had taken a 10 percent strategic stake in The Warehouse Group in New Zealand and announced a joint venture with
357-444: A loss of A$ 227.4 million and on 18 January 2016 Woolworths announced that it intended to "either sell or wind up" Masters hardware and Home Timber and Hardware. Chairman Gordon Cairns said that it would take years to become profitable and that the ongoing losses could not be sustained. On 24 August 2016, it was announced that all Masters stores would close on or before 11 December 2016. It was also announced that Woolworths would sell
408-596: A partnership with Global Health, allowing patients to make appointments with doctors, naturopaths and dietitians. That month, Woolworths also announced it would shut down its export business Woolworths International by the end of June 2023. In May 2023, Woolworths acquired Milkrun , a fast grocery delivery startup which ceased operations the previous month and competed with the supermarket's Metro60 delivery service. Woolworths rebranded Metro60 as Milkrun. In July 2023, Woolworths announced that its New Zealand-based Countdown supermarkets would be rebranded as Woolworths over
459-674: A second store in Sydney and stores in Brisbane , Perth and Wellington in New Zealand. The company grew further in the 1930s, despite the depression, until by the end of 1933 it had 23 stores. In 1933 the first store in Melbourne was opened and on 1 April 1936 the company bought eight stores from Edments Ltd and opened its first store in Adelaide . Following the opening of the Hobart store in 1940, Woolworths had
510-399: A single company, Endeavour Drinks, with Woolworths holding an 85 percent stake in the new entity. Woolworths indicated that it would explore options to divest the newly created Endeavour Drinks business in 2020, subject to shareholder approval at an annual general meeting. Also in 2019, Woolworths admitted to having underpaid its employees by millions of dollars. In 2021, it was revealed that
561-717: A store in every state in Australia. World War II slowed the growth of the company, with the Australian and United States militaries commandeering Woolworths' warehouses in Sydney for storage. After the war expansion was once again rapid and in 1955 Woolworths opened its 200th store, in the Civic Centre in Canberra . In 1957, Woolworths began to diversify from variety retailing when it opened its first food store at Dee Why , Sydney. The company further diversified in 1960, opening it first purpose-built supermarket at Warrawong , purchasing
SECTION 10
#1732880449519612-413: Is a liquor delivery business focused on business and corporate customers. Woolworths purchased a majority stake in the company in 2020. Woolworths Group (Australia) Marketplace ( MyDeal, Everyday Market, Big W Market ) Finance and loyalty ( Everyday Rewards , Woolworths Financial) Woolworths Group Limited is an Australian multinational retail and finance company, primarily known for
663-450: Is built on land that were originally occupied by Imperial Arcade , Centrepoint Shopping Centre (later Westfield Centrepoint), Skygarden and Sydney Central Plaza. The oldest of these was Imperial Arcade originally opened in 1891 and was closed and demolished in 1961. It was designed by prominent Sydney architect Thomas Rowe . The new Imperial Arcade was developed on the site by property developers Stocks and Holdings Ltd (now Stockland ),
714-909: The COVID-19 pandemic , Woolworths successfully completed the demerger of its alcohol, hotel, and gambling businesses into a new ASX-listed company, Endeavour Group in June 2021, with the new company holding the Dan Murphy's , BWS , AHL , Cellarmasters and Jimmy Brings brands. After the float, Woolworths held a 14.6 percent stake in Endeavour Group. It sold portions of its stake in December 2022 and April 2024, before divesting completely in August 2024. In February 2022, Woolworths Group rebranded its logo to better represent "what its collective businesses and platforms stand for today". The company says that it showcases its impact on
765-747: The Commonwealth Bank called Woolworths Ezy Banking, which was scaled back by 2006. In 2001, Woolworths expanded its consumer electronics retailing interests with the purchase of the Tandy chain in Australia from InterTan . Also in 2001, Woolworths established the smaller format liquor retailing chain BWS to complement its big-box liquor retailer Dan Murphys. In 2003, Woolworths entered into an agreement with Caltex to jointly supply food and groceries to Woolworths owned petrol stations and selected Caltex sites near Woolworths supermarkets, with petrol stations covered by
816-801: The Tata Group to introduce the Dick Smiths Electronics store format in India. In August 2007, Woolworths announced that it was planning to launch a general purpose credit card in 2008. It is expected to offer credit cardholders reward vouchers redeemable through its store network. HSBC was subsequently named as its credit card partner. Woolworths subsequently announced that the Woolworths Everyday Money MasterCard would be launched on 26 August 2008 and allows customers to earn shopping cards redeemable at Woolworths group retailers. It
867-574: The Woolworths NZ , SuperValue and FreshChoice supermarkets in New Zealand. Woolworths opened its first store, the Woolworths Stupendous Bargain Basement, in the old Imperial Arcade Pitt Street , Sydney , where Westfield Sydney now stands, on 5 December 1924. Woolworths Ltd's nominal capital was £ 185,000, and although 85,000 shares were offered to the public, only 81,707 shares were subscribed for by 619 people, including
918-695: The AMCA notifying the company that they had received customer complaints. The company was fined $ 1,003,800. In September 2020, Woolworths and pet insurance company PetSure signed a deal to launch a new joint venture called PetCulture. The online business would sell pet insurance, pet food and pet-related products, and veterinary services. Woolworths owns 60 percent of the venture. PetCulture launched in April 2021. That month, Woolworths also paid $ 223 million to increased its stake in Quantium from 47 percent to 75 percent. Following
969-614: The Cellarmasters liquor business for $ 340 million. During 2009, Woolworths and American retailer Lowe's purchased Danks Ltd owners of the Home Timber and Hardware brand and then entered into a joint venture to launch a new hardware brand named Masters Home Improvement . The first of these stores were opened to the public in Braybrook, Melbourne , Victoria, on 1 September 2011. In 2012, Woolworths placed 69 shopping centres it owned into
1020-555: The Home Timber and Hardware brand to Metcash. In June 2015, CEO Grant O'Brien retired and Woolworths went without a CEO until the appointment of Brad Banducci in February 2016. On 25 August 2016, the company announced a loss of $ 1.235 billion for the 2016 financial year, the biggest loss in the more than 20 years since it has been publicly listed on the Australian Securities Exchange , mainly due to more than $ 2 billion in write-downs of
1071-693: The Rockmans chain of women's clothing stores and commencing selling liquor at some outlets. In the 1960s, the company opened a department store to compete against the likes of Myer and David Jones, under the brand Big W which was short lived, but the name was resurrected in the 70s as a Discount department store as we know it today. Woolworths also began converting its variety stores to supermarkets and removing many of its variety products from sale. In 1979, Woolworths sold its New Zealand operations to LD Nathan & Co . In 1981, Woolworths purchased 60 percent of consumer electronics retailer Dick Smith , acquiring
SECTION 20
#17328804495191122-621: The Skygarden Tower office building, opened in 1988. The centre featured seven levels of retail and restaurants as well as a food court known as the Skydining zone beneath a glazed roof. It was purchased by the Westfield Group in 2004. Sydney Central Plaza opened in 1998 after a refurbishment of the flagship Myer department store and features 87 stores on the two lower levels of the Myer store. It
1173-557: The Taverner Hotel Group. Statistics provided during the acquisition of the Taverner group showed that over one-third of sales were made up of gaming/pokie machine takings (slot machines) with the total number of pokie machines owned by ALH after its acquisitions being 10,722. In 2005, Woolworths re-entered the New Zealand market by purchasing the retailer Progressive Enterprises , owner of supermarket brands including Countdown, in
1224-527: The United States and United Kingdom. According to Ernest Robert Williams, Percy Christmas dared him to register the name Woolworths instead, which he succeeded in doing after finding out the name was available for use in New South Wales . The new Woolworths store was the first variety store in the world to use cash registers that print receipts for customers. During the late 1920s the company grew, with
1275-480: The Woolworths Variety stores was closed and Woolworths "Family Centres" were split into separate Big W discount stores and Woolworths branded supermarket stores. Woolworths Limited was acquired by Industrial Equity Limited in 1989, a consortium of Adelaide Steamship Company , David Jones Limited and Tooth & Co . In 1993, Industrial Equity floated Woolworths on Australian Securities Exchange in what
1326-541: The Woolworths underpayment of staff was more extensive than first thought More specifically, it was discovered that Woolworths underpaid salaried managers over $ 700,000 and the Fair Work Ombudsman looked into this further. In August 2020, Woolworths announced a A$ 552 million deal to purchase a 65 percent stake in foodservice distributor PFD Food Services, along with the entirety of PFD's property portfolio, as part of
1377-602: The air rights into apartments. David Jones was to occupy the building until late 2019 under a lease agreement which provided a 4.5 per cent per annum rental return on the acquisition price. On 12 February 2020 David Jones closed its store on Market Street and plans for the building includes a curved 22-storey residential tower featuring 101 apartments and six levels of serviced office space around 11,500 m . The retail development managed by Scentre Group will include five levels of retail space focusing on luxury and food. The office space will have its own entrance but be connected to
1428-715: The company entered the New Zealand market in 1929 and has traded in every Australian state and territory since 1960. Woolworths experienced steady growth throughout the 20th century and began to diversify its business, closing the last of its variety stores in the 1980s to focus on its portfolio of other retail brands. Since 2012, Woolworths has undergone significant consolidation, divesting its shopping centre , electronics retailing, home improvement, fuel retailing, liquor retailing and hospitality businesses to concentrate on supermarket retail. Woolworths currently owns Woolworths Supermarkets , customer loyalty program Everyday Rewards and discount department store Big W in Australia and
1479-412: The company had run 220 gaming machines across 62 venues in the state without installing the mandatory harm reduction technology YourPlay. Subsidiaries include: Cellarmasters was acquired by Woolworths from Archer Capital in 2011 for $ 340 million. The company was founded in 1982 by David Thomas. Jimmy Brings is a liquor delivery business founded in 2011 by Nathan Besser and David Berger. The business
1530-539: The company's first Sydney city centre redevelopment project. It was opened on 18 October 1965 by the Premier of New South Wales , Robert Askin . It consisted of four shopping levels with office space above. Imperial Arcade featured the Sydney's flagship Angus & Robertson bookstore. It was purchased by the Westfield Group in 2004 for $ 90 million. Centrepoint Shopping Centre opened in 1972 with 52 stores. The centre
1581-524: The company's push to expand into the business-to-business wholesale market. In June 2021, the Australian Competition & Consumer Commission announced that it would not oppose Woolworths' PFD deal due to insufficient evidence that the deal would cause a substantial lessening of competition. In 2020, Woolworths was found to have repeatedly ignored consumers who had tried to prevent receipt of marketing emails and had not attempted to improve, despite
Endeavour Group - Misplaced Pages Continue
1632-551: The completion of the total project in early 2012. On 8 August 2016 South African Woolworths sold the David Jones menswear and food store building in Market Street to Scentre Group and Cbus Property for $ 360 million. The David Jones building is connected to Westfield Sydney through a skybridge. Plans for the two buyers were that Scentre Group will redevelop the retail floors to adjoin its Westfield Sydney, while Cbus will develop
1683-612: The deal in July 2018, saying that sale conditions imposed by the Australian Competition & Consumer Commission would make the acquisition commercially unviable. On 9 November 2018, Woolworths announced it would instead sell its petrol stations to the British company EG Group for $ 1.72 billion, with a 15 year agreement that EG Australia would maintain the Woolworths fuel discount program and enable Woolworths Rewards points to continue to be earned on fuel transactions in its stores. The acquisition
1734-482: The development opened in October 2010 with approximately 130 specialty stores. The centre fronts Pitt Street Mall , one of the world's most expensive shopping streets by rent; Castlereagh Street , arguably Australia's most exclusive luxury shopping street; and Market Street . Stage 2 opened a further 120 stores between November 2010 and late-2011. The opening of a 25-storey commercial tower at 85 Castlereagh Street marked
1785-487: The failed Masters Home Improvement business and losses in the Big W business. In April 2016, Woolworths Liquor Group was renamed Endeavour Drinks Group. Woolworths closed all its Thomas Dux stores in 2017; at its peak the brand had 11 stores. In December 2016, Woolworths announced it would sell its Caltex Woolworths branded petrol stations to British multinational oil and gas company BP for AU$ 1.75 billion. BP pulled out of
1836-500: The five founders – Percy Christmas, Stanley Chatterton, Cecil Scott Waine, George Creed and Ernest Williams. One of the founding investors was Preston Lanchester Gowing, the then chairman of the department store chain Gowings . The name on the draft prospectus drawn up by Cecil Scott Waine was "Walworth's Bazaar" – a play on the name of F.W. Woolworth , the owner of the Woolworth's chain in
1887-476: The joint venture co-branded as Caltex Woolworths . With Queensland licensing laws dictating that liquor retail outlets must be operated by a hotelier, Woolworths moved into the hotel industry in 2004 by acquiring 75 percent of the Australian Leisure and Hospitality Group (ALH) in a joint venture with business partner Bruce Mathieson. In 2005, Woolworths expanded its portfolio to 250 hotels by acquiring
1938-492: The next three years commencing early 2024. The NZ$ 400 million rebrand will be accompanied by the launch of the Everyday Rewards programme for New Zealand consumers. In November 2023, Woolworths launched MarketPlus, a platform for businesses to sell products across its MyDeal, Everyday Market, and Big W Market marketplaces. In February 2024, Woolworths announced that Brad Banducci would retire as CEO in September 2024 and
1989-525: The operation of its retail chain Woolworths Supermarkets across Australia, Woolworths (previously known as Countdown ) in New Zealand and its discount department store Big W . Headquartered in Bella Vista , Sydney , it is the largest company in Australia by revenue and number of employees, and the second-largest in New Zealand. Founded in Sydney in 1924 as variety retailer Woolworths Limited,
2040-462: The redevelopment. Approximately $ 930 million was invested in redeveloping Westfield Centrepoint, Skygarden, Imperial Arcade and Sydney Central Plaza. Westfield Centrepoint, Skygarden and Imperial Arcade were merged and redeveloped to become Westfield Sydney. Imperial Arcade was demolished and Skygarden and Westfield Centrepoint were refurbished. Across Pitt Street Mall, Sydney Central Plaza was rebranded as an extension of Westfield Sydney. Stage 1 of
2091-519: The rest of the company in 1983 for a total price of A$ 25 million. In 1985, the acquisition of 126 Safeway supermarkets in Victoria, New South Wales and Queensland (including Food Barn branded stores) made Woolworths the largest food retailer in Australia. As part of the purchase of Safeway's Australian stores, Safeway Inc acquired a 20 percent interest in Woolworths Limited. In 1989, the last of
Endeavour Group - Misplaced Pages Continue
2142-623: The sale of its Indian electronics wholesale business to Infiniti Retail for $ A35 million and the sale of the Dick Smith Electronics chain to Anchorage Capital Partners for A$ 20 million. In May 2013, Woolworths acquired a 50 percent stake in analytics firm Quantium for $ 20 million. In December 2014, Woolworths acquired Summergate, an alcoholic drinks distributor in China for A$ 27 million. In 2015, Woolworths' home improvement chain Masters posted
2193-424: The shopping centre with a central atrium to create a vertical flow of light. Construction on both the retail, office and apartments commenced in December 2020. Completion of the retail and commercial components is expected to occur in late 2022, while the residential tower is expected to be complete in the second half of 2023. Westfield Sydney has 91,699m² of floor space. The major attraction of Westfield Sydney
2244-589: The transaction, Woolworths and Quantium established a new joint data science and advanced analytics business called Wiq. In October 2020, Woolworths rebranded its supply chain function as Primary Connect with the goal of evolving it into an end-to-end service provider for the group as well as external businesses. In February 2021, Woolworths restructured its red meat business, creating a new standalone division called GreenStock. In 2021, Woolworths launched HealthyLife, an online platform which offers health and wellness advice, products and services. Having been delayed by
2295-617: Was acquired by Woolworths in December 2017. The company expanded its range to include non-liquor drinks, snacks and convenience items in 2022. In November 2024, Jimmy Brings entered a partnership with the Woolworths Group's Milkrun delivery service which saw the Jimmy Brings range added to Milkrun. Jimmy Brings is scheduled to be fully integrated into Milkrun on 28 November 2024 meaning purchases would only be available through Milkrun. Paragon Wine Estates, Endeavour's premium wine portfolio,
2346-414: Was completed on 1 April 2019. In March 2019, Woolworths launched a stand-alone media business called Cartology to communicate with supplier partners and customers. In April 2019, Woolworths established a venture capital arm called W23. In July 2019, the Woolworths announced the merger of its hospitality and liquor interests, including BWS , Cellarmasters , Jimmy Brings , Dan Murphy's and ALH into
2397-577: Was established in September 2019 to house existing Endeavour brands Krondorf, Isabel Estate, Riddoch and the newly-acquired Chapel Hill. Paragon acquired Yarra Valley winery Oakridge Wines in March 2021, Tasmanian winery Josef Chromy Wines in May 2022, McLaren Vale 's Shingleback Wine in August 2022, and Margaret River winery Cape Mentelle Vineyards in January 2023. Shorty's Liquor was founded in 2001 by David Short. It
2448-574: Was later purchased by the Westfield Group in 2003. Sydney Central Plaza is located inside the old Farmer and Co department store building which was built in 1874. Farmer and Co was purchased by Myer in 1961 and the store was rebranded to Myer in 1976. In 1983 Grace Bros. purchased Myer and the store was rebranded to Grace Bros. before reverting to Myer in 2004. Sydney Central Plaza provided a skybridge connection to Westfield Centrepoint and also has connections to MidCity and Queen Victoria Building . On 4 July 2009, Westfield Group commenced construction on
2499-464: Was refurbished in 1984 and further upgraded in 1996 and 2000. Centrepoint was purchased by the Westfield Group in December 2001 and later renamed to Westfield Centrepoint and housed over 140 stores. Westfield Centrepoint provided skybridge connections to two of Australia's major department stores, Myer and David Jones . There was also a connection to Imperial Arcade. Skygarden shopping centre, built behind two heritage listed buildings and located below
2550-491: Was suggested Woolworths could earn approximately $ 20m from credit cards in three years and that it was targeting 100,000 to 150,000 cardholders in the first year. In April 2008, Woolworths launched Thomas Dux , a gourmet grocer and deli. After the company purchased the Macro Wholefoods organic grocery chain in May 2009, it converted eight stores to Thomas Dux stores. In February 2011, Woolworths announced it would acquire
2601-400: Was then the biggest initial public share offering in Australia's history. In 1996, Woolworths entered the petrol retailing market, initially with wholly-owned " Plus Petrol " outlets located in shopping centre parking lots. Woolworths expanded its liquor retailing portfolio with the acquisition of the Dan Murphy's liquor barn stores in 1998. In 1999, Woolworths began a joint venture with
SECTION 50
#1732880449519#518481