Category insights

AACS 2019 State of the Industry Report

The Australian convenience industry is now worth $8.8 billion, the AACS’s highly anticipated 2019 State of the Industry Report has found. Released yesterday, the report gives a snapshot of how the industry and Australia’s 6995 stores performed last year. The category driving the most value was Food, which accounted for almost half the industry value

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IRI Australia’s overview of COVID-19’s impact on FMCG

  IRI Australia have painted a dire picture of the economic impact of COVID-19 on the Australian economy. According to their COVID-19: Impact on the Australian FMCG Landscape report, the virus has shaken consumer confidence. The research company said global economic growth was already at a significant low of just 2.1% – the lowest level

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Coles, Woolworths record huge Q3 results on back of panic buying

COVID-19 has handed Coles and Woolworths a stellar third quarter. The panic buying that left supermarket shelves bare has had an upside for both grocery rivals. Coles saw sales revenue rise 12.9% overall, up by $9.2 billion compared to this time last year. Their grocery sales were particularly positive, with an increase of 13.1% to

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Caltex, BP Australia and Viva Energy named among top manufacturers

Fuel companies in Australia continue to perform strongly, despite the global downturn in crude oil, taking out top spots in a list of top 100 manufacturers. The Advance Manufacturing Expo’s list, based on IBISWorld’s assessment of data from ASIC-lodged company reports, put Caltex first – for the second year running, BP Australia third (up from

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New forecourt technology set to change refuelling

Digital interface technology company Adverto are set to launch a pilot trial of their first touch to order software at selected petrol sites. The UniFixed and UniTopper models, which can be fitted internally/externally to new and existing pumps, will allow owners to control what is displayed. Including by allowing them to display paid advertising. Consumers

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Sweet success for ISM

Organisers of ISM, the international sweets and snacks trade show, have announced that more than 37,000 trade visitors attended the four-day event in Cologne, Germany. Visitors from 148 countries attended ISM, while exhibitor numbers jumped 7.5% to 1,774, from 76 countries. This was the 50th edition of ISM, which, once again, highlighted its importance to

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Healthy snacks make for healthy sales

As the health and wellness trend continues to bring rapid change to the convenience landscape, the snacking category has found itself front and centre of the ongoing transformation. Healthy snack foods with a high nutritional value, such as muesli bars, protein bars and dried fruit and nuts are quickly growing in importance as some of

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