$140m Woolies wipe-out boosts Coles

Original article by Eli Greenblat
The Australian – Page: 15 : 10-Dec-24

Woolworths has yet to determine the full cost of the industrial action at four of its distribution centres. The strike action was initially estimated to have cost it about $50m in lost sales, but this is expected to rise to around $140m. The resolution of the industrial dispute will result in a pay rise of 11 per cent over three years for the warehouse staff; the United Workers Union had initially sought an increase of 25 per cent. Meanwhile, rival Coles has enjoyed a sales boost due to the strike action, although it has had to put on extra staff at its supermarkets and warehouses to meet the increased demand.

CORPORATES
WOOLWORTHS GROUP LIMITED – ASX WOW, UNITED WORKERS UNION, COLES GROUP LIMITED – ASX COL

Woolworths reaches enterprise agreement with striking union workers

Original article by Duncan Evans, Liam Beatty
Herald Sun – Page: Online : 8-Dec-24

Woolworths has begun restocking its supermarkets’ shelves after securing a new enterprise agreement for employees at four distribution centres. The deal with the United Workers Union and the Shop, Distributive and Allied Employees’ Association has ended a 17-day strike that is estimated to have cost the grocery giant about $50m in lost sales. The SDA has advised that the warehouse workers will receive a pay rise of 12.84 per cent over three years, a $1000 up-front cash payment, a $500 up-front gift card and a $500 gift card for the next two years. Weekend penalty rates for shift workers will also be increased, while Woolworths has agreed to concessions regarding its controversial performance management framework.

CORPORATES
WOOLWORTHS GROUP LIMITED – ASX WOW, UNITED WORKERS UNION, SHOP, DISTRIBUTIVE AND ALLIED EMPLOYEES’ ASSOCIATION

ALP steps into Woolies dispute

Original article by Ewin Hannan, Brendan Kearns
The Australian – Page: 5 : 4-Dec-24

Woolworths estimates that the strike action by distribution centre workers has cost it about $50m in lost food sales to date. Meanwhile, Workplace Relations Minister Murray Watt and staff from his department have held talks with Woolworths executives and United Workers Union officials in a bid to resolve the impasse that has led to empty shelves at Woolworths stores in Victoria and southern NSW. The 12-day strike has also affected supplies at liquor stores Dan Murphy’s and BWS, which are owned by Woolworths spin-off Endeavour Group.

CORPORATES
WOOLWORTHS GROUP LIMITED – ASX WOW, AUSTRALIA. DEPT OF EMPLOYMENT AND WORKPLACE RELATIONS, UNITED WORKERS UNION, ENDEAVOUR GROUP LIMITED – ASX EDV, DAN MURPHY’S, BWS – BEER WINE SPIRITS

Leverage from two-tier wages

Original article by Joanna Mather
The Australian Financial Review – Page: 14 : 17-Oct-14

The new enterprise agreements for warehouse staff at Coca-Cola Amatil and Woolworths provide for new employees to be paid lower wages than existing staff. The new agreement for staff at Woolworths’ distribution facility in Brisbane includes a four per cent pay rise for current employees, higher annual leave loadings and an increase in loadings for shift workers

CORPORATES
COCA-COLA AMATIL LIMITED – ASX CCL, WOOLWORTHS LIMITED – ASX WOW, HOLDING REDLICH, AUSTRALIAN DEFENCE FORCE