Australasia news & analysis

02 February 2023
Suppliers continue to face pressure from governments to reach new environmental standards, to limit global warming to 1.5 degrees and helping retailers to achieve their environmental objectives. Danone announced it plans to reduce methane emissions, as Nestlé and Mars Wrigley Australia introduce paper packaging to increase recyclability. Danone pledges to reduce methane emissions Danone ann...
01 February 2023
Metcash has announced Scott Marshall, CEO of its food business, will be leaving the company after 30 years of service. Strong management team in place Marshall will be pursuing another career opportunity. Marshall was CEO of the food pillar for the past five years, and CEO of the liquor pillar. He will assist with a smooth transition while the search for a successor  takes place. It is exp...
26 January 2023
MyDeal marketplace, acquired by Woolworths Group six months ago, has been integrated into Woolworth’s loyalty scheme. Getting more for loyalty Everyday Rewards has over 13m Australian shoppers using the free card to access the loyalty programme. They earn one point per AU$1 spent at a variety of retailers. At Woolworths and BIG W, Every Rewards members enjoy a AU$10 (US$7.20) discount on a ...
20 January 2023
Woolworths has decided to close 250 of its 300 in-store butchers. Move to more convenient options Butchers account for just 4% of meat sales as shoppers prefer more convenient pre-packed options. The majority of stores will soon only offer pre-packaged meat products, following a deline in demand for in-store butchers. In the stores where both butchers and pre-packaged meat options are avail...
19 January 2023
Cartology, Woolworths’ standalone retail media business, is adding a new network of digital screens across Woolworths Metro stores. Reaching more shoppers With the new additional screen, brands will reach Metro shoppers across 90 physical stores in the city and neighbourhood environments. Woolworths Metro stores offer a localised shopping experiences for shoppers across CBD and highly traff...
21 December 2022
On 29 th November 2022, we were joined by 194 delegates from across the world as we launched our global channel forecasts to 2027. Today we launch our supporting global channel forecasts 2022-2027 reports and answer questions that we were unable to respond to in the webinar’s Q&A session. Catch up on demand and be inspired For subscribers who missed the webinar session, the recording can...
07 December 2022
Metcash has reported strong half year results for FY23 with revenue up 8.2% to AUD7.7 bn (US$5.2 bn) and EBIT up 10.9% to AUD231m (US$155m) while cycling the impact of extensive lockdowns. We highllight the key learnings and assess the outlook for H2: 1. Food pillar performing well, underpinned by strong demand Food sales increased 3.1% to AUD4.7 bn (US$3.2 bn). On a three-year basis, food ...
03 November 2022
Woolworths Group Q1 F23 sales is up 1.2% to AUD16,583m (US$10,549m) but food businesses sales are below the prior year. Australian Food sales declined despite higher prices Australian Food is down 0.5% to AUD12,204m (US$7,763m) while like-for-like sales declined by 1.1%. Average prices increased 7.3% compared to Q1 F22. There is a double-digit inflation in fruit and vegetables driven by inc...
02 November 2022
Woolworths is launching a series of price promotions for the festive season. Different mechanisms for saving money Woolworths is helping Australians save money through different discount programmes this Christmas: Prices frozen for Christmast essentials: Woolworths half leg ham, WA rock lobster, cooked Australian tiger prawns, Woolworths 500 grams pavlova base, Maggie Beer gravy, and ...
31 October 2022
Coles has sent a note to suppliers that it is considering price hikes only when well-justified. Balancing shoppers needs against competitive environment Coles will consider price increases that is based on raw materials or packaging increases for example. Price hikes are considered on a case-by-case basis. However, it will not be entertaining unjustified price increases. The letter to su...