Woolworths Group has reported a 1.7% increase in group sales but seen EBITDA and net profit drop in its full-year 2025 figures, a result its CEO Amanda Bardwell is calling ‘disappointing’.
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Anchorage Partners bets on data strategy to make outsized return from David Jones, rewrite M&A valuations
When Anchorage Capital bought David Jones in 2023 for circa 5 per cent paid by Woolworths Holdings less than a decade earlier, it was a $100m bet on customer data as much as flagship stores. The private equity firm’s thesis was simple but radical: get smarter, use the customer data trove to unlock buried value. That meant stripping back legacy systems and federating intelligence across the business. Two and a half years later, David Jones is on a path towards a business that looks more like a data platform with a luxury retail layer on top, though rooted in brand and curated customer experiences. If Anchorage’s bet pays off, the strategy could rewrite the playbook for how private equity values – and acquires and ultimately sells – old brands.
Federal Government targets telcos with stricter penalties
The Federal Government has introduced new legislative reforms aimed at strengthening consumer protections against telco providers that mistreat customers. The Telecommunications Amendment (Enhancing Consumer Safeguards) Bill 2025, presented to Parliament, proposes significant increases in penalties for telcos breaching industry rules.
Red Rooster’s AI-powered digital book campaign reimagines ‘The Birds & The Bees’
Red Rooster has launched a new campaign centred around its Hot Honey Crunch Fried Chicken, developed in collaboration with Leo Australia.
Distinctive kiwi dudes rule: Zespri switches from health benefits to brand characters, sees sales double, brand awareness soar
Two singing and dancing kiwifruit characters have helped Zespri International more than double sales in Australia over the past five years and lifted penetration of its SunGold kiwifruit products to 22.9 per cent. It’s the power of compounding creative, investing in distinctive assets, understanding your target audience and importantly, knowing when it’s time to trade up on health benefits to taste as an underlying communications platform, says the group’s local marketing leader, Janice Byrnes. Having received multiple gongs for its ‘Crazy Tasty’ fruit and the recent ‘Healthier Way’s pilot including at the recent Australian Marketing Institute Excellence Awards, she shares what’s it taken to bring the creative to life.
Bank Australia marks decade in market with doubling of customer base
Bank Australia has reported a significant milestone, marking its 10th anniversary with a doubling of its customer base to 300,000 and a five-fold increase in total assets.
Canva and Sportsbet creatives to fill final speaker spots for 2025 Evolution Summit
The In-House Agency Council (IHAC) has announced the final lineup of speakers for its 2025 Evolution Summit with in-house creatives from Canva, Sportsbet, and Time Under Tension all set to appear.
The death of search, the fall of SaaS, the end of the web, the rise of agents, and the paradox of Colony’s Law: Forrester CEO on the biggest business disruption you will ever likely face
The marketing technology machine is being torn apart at the joints. According to legendary tech analyst and Forrester founder George Colony, we’ve just entered technology’s Seventh Wave. Its arrival presages an AI-led upheaval that renders the internet, mobile, and cloud revolutions warm-up acts. Colony says this isn’t just another tech cycle. It’s a structural reset. One that brings chaos first, then a new order. And marketers, agencies, and media owners are standing right in the blast zone. Traditional SaaS pricing? Breaking down. Legacy vendors? Scrambling to slap AI lipstick on an increasingly wobbly pig. Beneath it all, a deeper reckoning is underway: Agentic AI underpinning autonomous systems that learn, adapt and act is poised to flatten the marketing stack entirely. That’s a direct threat to platforms, but it’s also a moment of generational opportunity for brands ready to play offense. His contrarian advice, though, keep your powder dry. Meanwhile, Google’s monopoly on search is fraying, (despite its latest financial results). SEO as a channel is dying. The open web? It’s morphing into something like AM radio, he says, still there, but barely relevant. In its place: a new set of cartels forming around large language models, or whatever they spawn. Colony warns that these players are moving fast to capture territory, lock in advantage, and rewrite the terms of engagement. For marketers, the implications are existential. The decisions they make now will define who wins the next decade, and beyond.
Seventh Wave Rising: AI to slash SaaS pricing, collapse tech stacks, kill search as we know it – and why marketers should wait before locking in
AI is reshaping the rules of business at breakneck speed – and likewise for marketing. Legendary tech sector analyst, founder, CEO and chairman of global analyst firm Forrester, George Colony, calls this the Seventh Wave. It’s an upheaval that will eclipse previous waves like the internet, mobile and cloud. It brings turmoil but also eventual re-ordering. For marketers, agencies, and media owners, the implications are extraordinary. Traditional SaaS pricing models are breaking down and legacy vendors are scrambling with defensive AI “upgrades” that mask deeper weakness in their systems. Colony says Agentic AI — autonomous systems that learn, adapt and act — is poised to collapse the tech stack, creating both risk and opportunity for brands. At the same time he explains why Google’s dominance in search is under existential threat – although its latest quarterly earnings results say otherwise. SEO will also fade into irrelevance, says Colony. Beyond, the open web Colony says will morph into the web’s version of AM radio and in its place, a new set of tech cartels is forming, each manoeuvring to entrench control. Colony sets out the strategic risks, the likely winners, and the moves marketers must make now. It is advice that many tech vendors will fear.
Coles Group reports over $1bn in profits as Supermarkets revenues continue to grow
Coles Group has reported a 3.6% increase in sales revenue for the financial year, with Supermarkets sales revenue growing by 4.3% and Liquor sales revenue by 1.1%.