With Woolworths set to ramp up the supermarket price war with rivals Coles and Aldi to win back sales, Costco Australia managing director Patrick Noone said that the warehouse retailer has been competitive since it opened but that nothing extraordinary has yet been seen on grocery prices. Mr Noone’s comments came as chairman of competition […]
Costco grabs grocery market share, Australia to add two warehouses Read More »
SPAR International (SPAR) has continued its global expansion with the official launch of new stores in Indonesia and Lebanon in recent weeks. A global partnership between SPAR and PT. Ramayana Lestari Sentosa Tbk (Ramayana) is expected to see 15 stores open in Jakarta during 2015. The first three Jakata stores officially launched on 4 March
SPAR’s fresh global expansion Read More »
Woolworths is ramping up the supermarket price war with rival Coles to win back sales and said that prices are going to come down in an ominous warning to suppliers’ margins. The move comes after the retailer posted weak 1.7% same store sales in supermarkets and liquor, a big dip in petrol sales, but strong
Woolworths slashes prices to claw back supermarket sales Read More »
For the third time since the inaugural award in 2011, ALDI Australia has been named Supermarket of the Year 2014 at the Roy Morgan Research Customer Satisfaction Awards Night. Now in its fourth year, the Roy Morgan Research Awards are an important and widely recognised measure of consumer and business satisfaction, celebrating businesses that have
Aldi continues to shake up Australian retailing Read More »
Coles claims it is helping customers cut their grocery bills even further, by slashing prices across its branded bread range. In a move announced on 3 February, prices of bread brands – including Abbott’s, Tip Top, and Wonder White – will fall by up to 34%. These price drops follow January reductions on Uncle Toby’s
Coles drops the price of bread by up to 34% Read More »
While eligible retailers in New South Wales were allowed to trade 24-hours-a-day in the two weeks before Christmas from December 11, packaged liquor stores outside hotels are not allowed to trade as an exempt retailer on restricted trading days such as Boxing Day, denying customers the convenience of shopping at local liquor stores. Over 1,000
Liquor stores penalised as NSW Christmas trade goes 24/7 Read More »
Woolworths has opened a new convenience format store in Sydney in what appears to be a successful but low-key event. C&I WEEK visited Woolworths Central for a late lunch on 17 December to find the store experiencing a fairly brisk level of trade. The self-service checkouts were experiencing a constant stream of customers and at
Woolworths opens convenience style Sydney store Read More »
Woolworths is expected to roll out further convenience concept stores in Melbourne, with locations for the smaller-scale stores identified at 160 Swanston Street and at 262 Flinders Street. The Flinders Street store will occupy a space which previously traded as Sam’s IGA Plus Liquor Flinders. Melbourne City Council’s on-line Planning Register shows that a permit
Woolworths to open convenience style stores in Melbourne Read More »
The federal government’s draft voluntary Food and Grocery Code of Conduct is now with Coles and Woolworths and key suppliers, 19 months after it was first proposed, but whether it will be effective and also enforceable under the Competition and Consumer Act 2010 may be another matter. Small Business Minister Bruce Billson said the federal
Grocery Code set for 2015 implementation Read More »
Newsagents claim they will be faced with huge losses to their revenue and the value of their businesses if the Tatts Group goes ahead with plans to expand Tatts Lottery product sales from April 2015 to Coles, Woolworths and other large national chains. When NSW Lotteries was privatised in 2010 a network of 1600 small
Small businesses face lottery shake-up Read More »
A vigil by the Transport Workers’ Union outside the Coles/Wesfarmers AGM in Perth alleged that, in a quest to maximise profit, Coles contributed to lethal supply chain practices. Speaking outside the AGM on 20 November, TWU National Secretary Tony Sheldon urged Coles, “to take responsibility for safety throughout its supply chain. No one deserves to
TWU protests Coles’ supply chain practices outside Coles/Wesfarmers AGM Read More »
The growth of store brands or private label products in supermarkets is impacting on suppliers as Coles and Woolworths push into new markets, while Nielsen said that private labels are no longer seen as simply low-cost alternatives to name brands but are increasingly high-quality products fulfilling consumer needs across a variety of price points. A Fairfax
Suppliers hit by big supermarkets broad private label growth Read More »
The Australian division of US-based Costco could turn over $1 billion in sales in the coming financial year, according to a report in The Australian newspaper this week. Costco could reach this potential milestone for the retailer, despite recent news from the USA that during the three months to August 2014, sales growth in Australia
Costco chases $1billion in Australian sales Read More »
