Markets/Australia/News

Australia news

24 May 2021
Leading Australian retailers such as Woolworths, Coles and Aldi have signed up to the ANZAC plastics pact that will significantly reduce plastic waste from supply chains by 2025. Retailers will look to achieve four targets The new pact looks to address a significant challenge for the food and consumer goods industry and will be adopted by business and governments across Australia, New Zeala...
24 May 2021
Aldi in Australia has set up a new platform through which it plans to sell its popular Special Buys online. New website: shop.aldi.com.au The new trial service launched last week and is offering Special Buys in selected postcodes in New South Wales, Victoria and Queensland. According to Simon Padovani, Group Director Customer Interactions at Aldi Australia, the basic website is the retailer...
24 May 2021
Coles has opened its first Local store in Sydney's CBD and will open a further two urban supermarket stores under the banner by the end of June. New format is allowing Coles to open in new locations The new Coles Local on Sydney's York Street is the first Coles store to open in Sydney's CBD in 15 years and the fourth in the city, following openings in Chatswood, Manly and Rose Bay. The stor...
04 May 2021
Aldi in Australia has committed to achieving zero waste to landfill, with a phased approach to achieving its target. Food waste will be the top priority The discounter in Australia has always taken a strong stance towards sustainability and last year announced that 100% of its operations would be powered by sustainable energy by the end of 2021 . It will now focus on improving how it deals...
04 May 2021
In the last few weeks we have seen both Coles and Woolworths announce new AI-enabled solutions that it hopes will make stores both more efficient and better to shop. Coles to automate fresh produce replenishment Coles has partnered with Relex Solutions to replace its manual fresh produce ordering system with a new cloud-based AI platform. The new technology will help Coles maintain and impr...
29 April 2021
Woolworths has released Q3 results with sales up 0.4% to AU$16,566m. However, the data shows two distinct trading periods during the quarter with sales heavily impacted in the last six weeks as the retailer starts to cycle COVID-19 trading from 2020. So what have we learnt? Growth ahead of Coles, but not on a two-year basis Although food and liquor sales declined sharply in the final six w...
28 April 2021
As retailers in Australia start to cycle tough comparative trading periods from last year, Coles has reported Q3 sales down 5.1% to AU$8,758m. We pull out our top learnings from the results release and what to expect in Q4. 1. Sales negative, but up 7.2% vs. 2019 and life getting back to normal The impact of COVID-19 was felt differently across the retailers supermarket, liquor and Express ...
22 April 2021
Woolworths in Australia has an ambition to evolve its business into a ‘food and everyday needs ecosystem’ and in the last week we have seen three big developments that will further facilitate it towards achieving this goal. 1. Purchase of controlling stake in data analytics firm Quantium At the heart of every retail ecosystem is a huge amount of data that is generated from activities across...
12 April 2021
We assess four ways in which Coles has stepped up its investment in offering its shoppers enhanced value in recent weeks, why this activity will continue and what we can expect from Woolworths and other retailers in the coming months. 1. Bringing back 'Down Down' The retailers Down Down everyday low prices campiagn was a key part of the retailer's recovery under Ian McLeod's leadership and ...
24 March 2021
With online grocery set to drive around 50% of net new grocery sales between 2020-22 in Australia and Metcash having launched new online grocery platforms in 2020, we explore when will Aldi launch its own service and what could this look like? Step one: Special Buys and Liquor  Aldi Australia is not a stranger to online retailing. The business previously operated an online liquor service fr...