Woolworths reviewing partnership with Qantas Frequent Flyer.

[Cruiser Elite]

Maybe AFF members are quite discerning regarding the merits and otherwise of rewards programs compared to the general community.

No doubt they are - that's the AFF demographic - but only a a very small % of WW total customer base - and I really do think WW mgmt might just know a little more about their business than the AFF community does - but as always opinions are like belly buttons - we all have one.

 

[amaroo]

No doubt they are - that's the AFF demographic - but only a a very small % of WW total customer base - and I really do think WW mgmt might just know a little more about their business than the AFF community does - but as always opinions are like belly buttons - we all have one.

+ 1 it's not like the partnership has been a winner for WOW. They've been thoroughly flogged by Coles for the past 26 qtr's ... 6.5 years in long hand.

 

[coco50]

No doubt they are - that's the AFF demographic - but only a a very small % of WW total customer base - and I really do think WW mgmt might just know a little more about their business than the AFF community does - but as always opinions are like belly buttons - we all have one.

I made that comment slightly tongue in cheek. While agreeing with you somewhat about Woolworth's senior management knowing something about their business, I'll prove that I have a belly button by saying that I think the decision to can QFF points was a sensible one, but what they've replaced it with is a lemon

 

[Mattg]

+ 1 it's not like the partnership has been a winner for WOW. They've been thoroughly flogged by Coles for the past 26 qtr's ... 6.5 years in long hand.

And this will win them back customers? I hardly think so. If anything they will lose further sales and market share. The question is whether or not the lost revenue outweighs the cost of all those Qantas points.

This idea of "revenue is falling so let's take more away from our customers/reduce service" reminds me of Australia Post. How are they going?

 

[amaroo]

And this will win them back customers? I hardly think so. If anything they will lose further sales and market share. The question is whether or not the lost revenue outweighs the cost of all those Qantas points.

This idea of "revenue is falling so let's take more away from our customers/reduce service" reminds me of Australia Post. How are they going?

Woolies have bigger problems than peddling a few lousy FF points.

No CEO/MD, half the board needs replacing, financial disasters with Masters/Big W and worst of all ... stores that have been left to age for far too long.

 

[Dr Ralph]

Woolies have bigger problems than peddling a few lousy FF points.

No CEO/MD, half the board needs replacing, financial disasters with Masters/Big W and worst of all ... stores that have been left to age for far too long.

Yep, great time to be buying WOW shares.

 

[amaroo]

Yep, great time to be buying WOW shares.

Indeed. New CEO will dump the rubbish ... perfect buying opportunity approaching.

 

[amaroo]

Keep an eye out for takeover bid. Falling share price + falling $A + plenty of low hanging fruit = opportunity for an offshore buyer.

 

[exceladdict]

Keep an eye out for takeover bid. Falling share price + falling $A + plenty of low hanging fruit = opportunity for an offshore buyer.

I hear there's a company called Woolworths who are buying up Aussie retailers, with an interest in food.

 

[coco50]

plenty of low hanging fruit

Selective quote. Does the "low hanging fruit" refer to body parts of the woolies guys that changed the loyalty program?

 

[amaroo]

I hear there's a company called Woolworths who are buying up Aussie retailers, with an interest in food.

There is a couple of blokes here that have intimate knowledge of how to manage Woolworths successfully.

 

[Himeno]

There is a couple of blokes here that have intimate knowledge of how to manage Woolworths successfully.

Greg Foran, former Woolworths head of Supermarkets. The person who started the Woolworths/Coles price war (Woolworths started it, Coles scrambled to copy it and quickly came back with a more "memorable" marketing campaign for it - "down down").

 

[amaroo]

Greg Foran, former Woolworths head of Supermarkets. The person who started the Woolworths/Coles price war (Woolworths started it, Coles scrambled to copy it and quickly came back with a more "memorable" marketing campaign for it - "down down").

Pity they didn't appoint him CEO instead of the last couple of duds...

 

[cove]

Hello Walmart.

 

[drron]

And Roger Corbett former Woollies CEO is still on the board at Walmart.
When he ran Big W the stores certainly had a Walmart look but they were profitable.
Some want to see him back as chairman of the board-
Woolworths shareholders push for Roger Corbett's return as chairman

Google the article title if blocked.

 

[Muriel]

I agree. We have 2 woolies and 1 Aldi's where we live plus a couple of IGA - and only about 17,000 population. I will be happy to travel to Coles as I am often in the area where our nearest Coles is - 20 minutes away. I think the biggest winner in our area will be Aldi's.

 

[mattm199]

New program not looking yay attractive so far.
I did a show for ~ $50 at the local Woolworths, and saw very few of the orange WR tickets.
At checkout, nothing of the basics purchased earned Woolworths Dollars (zero earn).

The docket mentioned "you have earned 1 Qantas point, per dollar over $30", rather than the old form of stating Qantas points earned.
So unless more articles come to earn Woolies Dollars, Coles looks like becoming the preferred supermarket, all else being equal.

 

[Walter_Plinge]

And Roger Corbett former Woollies CEO is still on the board at Walmart.
When he ran Big W the stores certainly had a Walmart look but they were profitable.
Some want to see him back as chairman of the board-
Woolworths shareholders push for Roger Corbett's return as chairman

Google the article title if blocked.

I like Walmart. Great stores and attentive employees. Perhaps that's why I prefer Big W to Kmart.

 

[coco50]

Woolies have bigger problems than peddling a few lousy FF points.

No CEO/MD, half the board needs replacing, financial disasters with Masters/Big W and worst of all ... stores that have been left to age for far too long.

This article gets to the core of the woolworth group's problems:
Woolworths under pressure to reveal plan for Masters, Big W

 

[PineappleSkip]

This article gets to the core of the woolworth group's problems:
Woolworths under pressure to reveal plan for Masters, Big W

Market watchers suggest Woolworths is unlikely to make its plans for Masters or Big W public at this point in the year and risk dampening trade over the critical Christmas period.

...on top of what they've already done to risk dampening trade over the critical Christmas period. LMAO.

Cheers skip