The Independent Grocers of Australia, IGA, has launched an Easter campaign titled, ‘Enjoy your Easter’, which positions IGA as the destination to help its customers enjoy Easter, however it is celebrated. With the understanding that there is a wide range of ways in which Easter is celebrated, the new campaign from IGA encourages customers to […]
IGA encourages locals to enjoy Easter with its new campaign Read More »
Coles supermarket chief John Durkan has confirmed that the supermarket major remains committed to its low price Down Down Every Day price strategy with prices to drop generally under a new Deeper Down campaign, instead of in several categories such as milk and bread. The move is an ominous warning for suppliers and independent grocery
Coles ups Down Down price war, fallout to hit suppliers, independents 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 »
United Petroleum is marketing a public float or 50% sale of the company and may forge ahead with a public listing on the Australian Stock Exchange later in 2015, according to media reports, while higher valuations are being seen in the petrol retail market. According to Fairfax’s Business Spectator online, the move by the leading
Is United Petroleum set for a $1bn float or partial sale? Read More »
The Food and Grocery Industry Code of Conduct, which provides for tough restrictions on retrospective and unilateral variations to grocery supply agreements and a dispute resolution process between suppliers and supermarket giants Coles and Woolworths, moved forward this week after it was tabled in Parliament. The long-awaited Food and Grocery Industry Code of Conduct is
Fair deal for suppliers when Grocery Code of Conduct becomes law? 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 »
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 »
With the Victorian Government earmarking extra public holidays in the state, threatening to squeeze more penalty rates out of small businesses, the Australasian Association of Convenience Stores (AACS) has called for common sense to prevail. According to media reports, the Victorian Government is preparing to gazette changes to Victoria’s public holiday schedule to include Easter
Public holiday penalty rates pile pressure on small businesses Read More »
Coles’ half-year 2014 sales were driven by good result from its supermarket stores, while in the convenience sector, Coles Express saw higher merchandise sales offset by lower fuel volumes and prices. In convenience, store sales increased 8.1% per cent, while fuel volume growth fell by 6.9% for the half year. “Lower fuel volumes were due
Coles Express sees store sales grow, petrol down 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 »
Throughout February and March, IGA stores nationwide will raise funds for the McGrath Foundation. Money raised from the sale of hundreds of Community Chest labelled products will be donated to help place McGrath Breast Care Nurses in communities across Australia. The initiative was launched on 17 February at Bray’s IGA in Allambie Heights, with celebrations
IGA turns ‘pink’ for McGrath foundation Read More »
Sales of on-the-go foods through convenience stores and supermarket outlets are increasing, visits to US convenience stores for prepared foods up 3% and visits to supermarkets up 1% in 2014 according to new data released in the US market. The competition onslaught has seen Quick Service Restaurants like McDonald’s increasingly turn to healthier foods and
On the go food boom sees convenience stores in winning position Read More »
Independent convenience stores and supermarkets will be checking to ensure that their bread pricing is competitive after bread manufacturer, Goodman Fielder, said it will move to everyday low pricing (ELP) through Coles and Woolworths. The move to ELP (instead of the more common high/low pricing model) and the implementation of a new Goodman Fielder bread
Bread prices to fall as Goodman Fielder reaches agreement with supermarkets Read More »
