AUSTRALIA: Woolworths agrees to sell AIW Queensland ops
Australian supermarket giant Woolworths signed a deal last Friday to divest the Queensland business of its Australian Independent Wholesalers (AIW) subsidiary. United Star Supermarkets will be purchasing the operations for an undisclosed sum. Woolworths revealed its intention to exit the wholesaling business in June, when it filed a statement with the Australian Stock Exchange which said: "Successful negotiations now pave the way for independent retailers to have involvement in their own distribution channel and ensures that retailers have a choice of warehouses and are able to capitalise on direct negotiations with manufacturers."
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-food gives you the widest food market coverage.
Paid just-food members have unlimited access to all our exclusive content - including 17 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Dean Best, editor of just-food
- Why personalisation will take-off in US food
- US food next wave on display at Winter Fancy Food
- General Mills sales woes continue - analysis
- Analysis: Chocolate sector's deforestation pledge
- Interview: Farmhouse Culture taps gut-health
- Kraft Heinz cuts jobs in US, Canada
- Mondelez set for union crosshairs next week
- Mondelez plays down impact of union action
- Recipe-kit firm HelloFresh launches into UK retail
- Germany's Haribo plans first US candy plant