LIQUOR STORES – AUSTRALIA

Treasury’s premium clear out of Penfolds Grange

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Original article by Julie-Anne Sprague
The Australian Financial Review – Page: 23 & 28 : 30-Oct-14

Treasury Wine Estates MD Mike Clarke refutes claims that the company is providing retailers with discounts on its flagship Penfolds Grange. Some liquor store operators say they have been offered a rebate on the 2009 vintage of up to 30 per cent. Clarke says Treasury has increased its marketing support for retailers after the group opted to release the 2009 and 2010 vintages in the same calendar year

CORPORATES
TREASURY WINE ESTATES LIMITED – ASX TWE, PENFOLDS WINES PTY LTD, WOOLWORTHS LIMITED – ASX WOW, DAN MURPHY’S

Competition watchdog won’t call for Woolies liquor split

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Original article by Julie-Anne Sprague
The Australian Financial Review – Page: 15 & 22 : 6-Oct-14

A former Woolworths executive has claimed that the retail giant has too much market power in the liquor sector. Tony Leon says Woolworths should be forced to divest one of its liquor chains, as its market dominance allows it to put pressure on liquor suppliers. However, Australian Competition & Consumer Commission chairman Rod Sims says forcing companies to offload assets should not be within the regulator’s purview, arguing that it can already address concerns about abuse of market power

CORPORATES
WOOLWORTHS LIMITED – ASX WOW, BWS – BEER WINE SPIRITS, DAN MURPHY’S, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, COLES GROUP LIMITED, WESFARMERS LIMITED – ASX WES, IBISWORLD PTY LTD, LIQUORLAND (AUSTRALIA) PTY LTD, VINTAGE CELLARS (AUSTRALIA) PTY LTD, FIRST CHOICE LIQUOR SUPERSTORE, AUSTRALIAN LEISURE AND HOSPITALITY GROUP LIMITED, AUSTRALIAN NATIONAL RETAILERS ASSOCIATION LIMITED, STEVE’S LIQUOR, METCASH LIMITED – ASX MTS, AUSTRALIAN LIQUOR MARKETERS PTY LTD, CELLARBRATION PTY LTD, BOTTLE-O, IGA LIQUOR

Dan Murphy’s draws on the right connections

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Original article by Richard Gluyas
The Australian – Page: 19 : 2-Oct-14

Brad Banducci, director of the liquor group at Woolworths, says its Dan Murphy’s chain is about to undergo a major transformation. It is launching the new Connections online sales site, which will eventually have some 20,000 items on offer. This compares with about 8,200 in the "bricks and mortar" outlets, and the demand trends on the internet will in future also influence what lines are stocked in the stores. Suppliers will need to pay a quarter of the retail price to have their products listed, and Woolworths will save on inventory costs

CORPORATES
WOOLWORTHS LIMITED – ASX WOW, DAN MURPHY’S

Woolworths’ pub fund lightens load with $603m property sale

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Original article by Ben Wilmot, Richard Gluyas
The Australian – Page: 17 : 9-Sep-14

Real estate funds management group Charter Hall and industry superannuation fund HOSTPLUS will jointly pay $A603m via a new unlisted vehicle to acquire pub assets. The seller of the freehold properties is the ALH Group linked to bottle shops and pubs operator Woolworths. The latter, through its venture with entrepreneur Bruce Mathieson, will lease back the 54 sites. The real estate holdings divestment by Woolworths has now reached $A2.9bn in value

CORPORATES
WOOLWORTHS LIMITED – ASX WOW, CHARTER HALL GROUP – ASX CHC, AUSTRALIAN LEISURE AND HOSPITALITY GROUP LIMITED, BRUANDWO PTY LTD, HOST-PLUS, MH CARNEGIE AND COMPANY PTY LTD, AUSTRALIAN PUBS FUND, DAN MURPHY’S, BWS – BEER WINE SPIRITS, SHOPPING CENTRES AUSTRALASIA PROPERTY GROUP – ASX SCP, LAUNDY HOTELS PTY LTD, TELSTRA STAFF SUPERANNUATION SCHEME, ALE PROPERTY GROUP – ASX LEP, HOTEL PROPERTIES INVESTMENTS – ASX HPI, COLES GROUP LIMITED, WESFARMERS LIMITED – ASX WES