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 »
The role of promotions are proving to be the biggest disruptor in the Australian FMCG retail market, according to research by Nielsen, with promotional effectiveness diminishing as promotional fatigue amongst consumers increases. The FMCG market is being disrupted on several fronts; by retailer brand and category strategies around private label, increasing consumer preferences for fresh,
Promotions biggest disruptor in FMCG market says Nielsen Read More »
Many Australian retailers are preparing for their peak earning period this Christmas, with business information analysts at IBISWorld predicting a strong result for department stores and spending increases for liquor retailing, restaurants and supermarkets. An analysis by the National Retail Association (NRA) revealed that shoppers are expected to spend more than $43 billion over the
Retailers set for solid Christmas sales, liquor a standout Read More »
To support Aldi’s ongoing expansion, both locally and internationally, ALDI has made a structural adjustment to its senior leadership organisation which will take effect from 1 April 2015. Tom Daunt, previously Group Managing Director for Aldi Australia, has been promoted to a new role of Chief Executive Officer for Aldi Australasia. Mr Daunt will continue
Aldi Australia structure change Read More »
A new report from global banking giant Morgan Stanley, indicates that German discount chain Aldi has reached “critical mass” in Australia. According to the report, the point of critical mass is 350 stores and $A4.03 billion in sales, “this is the point when private label scale is achieved, which is critical for discounters’ buying terms.”
Aldi reaches ‘critical mass’ with $4 billion turnover and 350 stores Read More »
In a simplification of some elements of the retail alliance between Caltex Australia and Woolworths Petrol, 92 Caltex-operated sites will be rebranded as ‘Star Mart’ or ‘Star Shop’ convenience stores while continuing to offer the Woolworths fuel discount redemption. Thirty nine sites – located in close proximity to existing Woolworths Petrol sites – will exit
Changes to Caltex Woolworths alliance Read More »
IGA was recently praised for its in-store service and for making it easier for customers to shop local after being voted as the number one for the fastest all-round service in A Current Affair hidden camera investigation. The investigation highlighted its recent Price Match initiative and continued commitment to delivering retail excellence in all of
IGA matches major supermarkets on price Read More »
Velocity Frequent Flyer and BP have announced an Australian-first partnership that will see an award-winning airline loyalty program enter into a direct partnership with one of Australia’s largest fuel retailers. With more than 1400 BP service stations around Australia, the ground-breaking multi-year deal will allow all members of Velocity Frequent Flyer to earn points on
BP partners with Velocity Frequent Flyer in Australian first Read More »
With many leading USA retailers trialling beacon technology, Woolworths is said to be trialling beacon technology with iPhones at its new store in the eastern Sydney suburb of Double Bay, according to The Australian newspaper. The technology will notify selected shoppers of special offers or product updates on their smartphones while they walk through shopping
Woolworths trials smartphone offers via beacon technology Read More »
The Independent Grocers of Australia, IGA, has launched its new Christmas campaign titled, ‘Christmas Made Easy’. The new campaign will play on themes of ease and inspiration, and positions IGA as the easy go-to destination for entertaining throughout the festive season. With the understanding that the summer is full of exciting and often spontaneous social
IGA gets festive with Christmas campaign Read More »
The chair of the competition regulator has dismissed allegations that Woolworths had unfairly pressured fresh produce suppliers over the request by Woolworths for financial contributions to its Jamie Oliver Collectibles Campaign, which industry group Ausveg claimed in June. “We contacted the 200 suppliers approached by Woolworths to fund its campaign to enquire about the nature
Woolies cleared by ACCC over Jamie Oliver campaign Read More »
Despite some ups and downs in recent years, ice cream remains a staple on many Australian grocery lists, with 73% of Aussie grocery consumers purchasing a tub or carton of ice cream at least once in the last 12 months, Roy Morgan Research said. While the proportion of grocery buyers who purchase ice cream tubs/cartons
Bulla leads supermarket ice cream, Streets, Connoisseur make gains Read More »
New Zealand ‘no frills’ independent supermarket Pak’nSave has won the 2014 battle to be New Zealand’s cheapest, edging out Woolworths’ Countdown to be crowned the country’s cheapest supermarket in Consumer NZ’s annual survey of supermarket prices. Consumer NZ Chief executive Sue Chetwin said Pak’nSave had the lowest prices in all seven main centres surveyed. It
Pak’nSave named cheapest supermarket in Consumer NZ survey Read More »
