Insights

Call to reign in rampant supermarket majors, losses hide in food & liquor reporting

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Woolworths and Coles continue to open new supermarket and liquor stores unabated and move into country towns, high streets and suburbs, facilitated by compliant councils and state governments, taking more market share away from independent retailers. While the two majors are signing a code of conduct for their trading relationships with suppliers, their capacity expansion […]

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Small retailers slugged for interchange credit card fees

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Large retailers are gaining volume discounts on credit card interchange fees, while small-medium-sized retailers including convenience stores are being slugged with much higher credit and debit card and eftpos ‘interchange’ fees than large national chains such as Coles and Woolworths. This is happening under an interchange fee system that hasn’t changed much since 2006-08, regulated

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Rates, earnings forecasts, retail trade data combine for a bright outlook

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Australian Bureau of Statistics Retail Trade figures released today show that Australian retail turnover rose 0.4% in July 2014, seasonally adjusted, following a rise of 0.6% in June 2014. The largest contributor to the rise was cafes, restaurants and takeaway food services (1.4%) followed by food retailing (0.5%), department stores (1.9%) and clothing, footwear and

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