How to sell your wool at a discount at Australian Woolworths

How to sell your wool at a discount at Australian Woolworths

June 20, 2021 Comments Off on How to sell your wool at a discount at Australian Woolworths By admin

Aussie Woolworth’s will not be able to sell wool at full price for the first time in a decade because of a power failure, the Australian Wools Company said in a statement on Friday.

The company has been working to bring power back to its Woolworth shopping centre in Melbourne since late last year, but the issue has not been resolved.

The power outage affected the company’s retail and wholesale stores and led to many customers being left with only a small amount of wool in stock.

It also forced Woolworth to cut its wholesale prices significantly, cutting the average wholesale price of wool to around $2.20 per kilogram, from $2 to $1.70 per kilo.

“We are working hard to find a solution to our power problems and have not ruled out any options,” Woolworth said in the statement.

“However, at this stage, the current circumstances are not good enough to warrant the introduction of a wholesale price freeze for the time being.”

The company said it was not currently aware of any other retailers in Australia experiencing similar issues and that it had contacted the federal government about the issue.

Woolworths said the blackout affected its wholesale and retail stores, and the average retail price of the wool used to be around $3.50 per kilos.

However, it said that while the peak wholesale price is $2 per kilomg, the average for the current season is about $1 per kilojoule.

It said the power was brought back to the Woolworth Centre by “a small number of independent contractors”.

“We have had no difficulty locating power to our Woolworth stores in recent weeks,” the company said.

“In addition, Woolworth has been able to access and supply power to some of our retailers and our retail stores via an emergency diesel generator, which was supplied by our partners in Victoria.”

Woolies spokesman Adam Boddington said the retailer had received no official communication from the government about its situation.

“As of Friday afternoon we were unaware of any notification from the Department of Energy and Climate Change (DoECC), however we do know that Woolworth is now in contact with the department regarding its power issues,” Mr Boddington said.

“The company is working to secure power to all Woolies stores and is committed to supporting the community and the local economy.”

“We continue to receive regular updates from DoECC and are in contact throughout the day to ensure that we are taking the necessary steps to ensure Woolworth continues to provide a reliable and secure supply of the Australian wool industry’s finest product.”WOOLYARDS RETURN TO WOOLSHIREWoolys was once the largest wool producer in Australia, but has fallen into the “doom and gloom” category since its financial collapse last year.

The Woolworth brand has been on a downward spiral since the 2008 financial crisis, with its market share dropping from around 50 per cent in 2009 to less than 20 per cent by 2014.