Australia news

08 October 2021
Metcash has announced that Doug Jones will succeed Jeff Adams as the CEO of Metcash in Australia. Significant retail and wholesale experience Doug Jones is the existing CEO and senior vice president of Massmart Wholesale in South Africa and will take over as Metcash CEO on 1 February 2022. It will be the second time in less than a year that we have seen a senior executive move from a South ...
08 October 2021
Coles has taken the decision to close all of the butcher counters within its stores and will instead rely on pre-packed products. New consistent category operating model Through its ABC format strategy Coles has been becoming more selective in terms of the counters it deploys in-store in recent years. In lower performing stores or those in low affluence locations, it has been striping out c...
06 October 2021
For many food and consumer goods suppliers, online wholesale, or B2B online, is a large untapped opportunity. To help, we’ve just published a new report that summarises current best practice and the latest retailer and supplier initiatives. We offer twenty different ways for suppliers to grow their online wholesale share, and IGD Retail Analysis subscribers can access the report here . At t...
29 September 2021
Woolworths has been testing its new marketplace platform on the Central Coast in NSW since July and has now rolled out the service across Australia. Ambition is to offer tens of thousands of products via the new platform The retailer  announced that it would launch a new online marketplace  in April this year. Pilots of the new service called, Everyday Market, initially saw the platform off...
28 September 2021
Retailers globally are looking for ways to elevate their fresh food offer to help them differentiate and gain shopper loyalty. These initiatives need to deliver against three needs for the retailer; they need to be scalable to large store estates, cost effective, and have the shopper at the heart of their development. Fresh food will be elevated in the ‘Store of the Future’ Fresh is a key c...
26 August 2021
Woolworths has released its FY21 results with sales up 5.7% to AU$67,278m and EBIT up 13.7% to AU$3,663m, online continues to be a big winner with ecommerce sales up 58.1% to AU$5,602m. Australian Food sales up 5.4% to AU$44,441m Growth of 10.6% in H1 was offset by growth of just 0.2% in H2, as Woolworths cycled tough comparative trading periods vs. the year before. Similar to Coles' result...
18 August 2021
Coles has released its FY21 results with sales up 3.1% to AU$38,562m and EBIT up 6.3% to AU$1,873m. In a year described by the Group's Chairman as 'marked by extrodinary community and business challenges', Coles delivered sales and EBIT growth across all business sectors.  A year of two halves and bumps in the road The phasing of Coles' financial year (July-June) has meant that COVID-19 saw...
16 August 2021
Australia’s largest grocery retailer continues to accelerate the growth of its online business, with three significant developments over the past few months. Second micro fulfilment store opens in Australia, fourth in total for the group Woolworths has opened its second micro fulfilment-enabled eStore in Australia. the first store launched in Carrum Downs in Victoria in October 2020, with t...
09 August 2021
Woolworths in Sydney has temporarily closed two stores to help it boost capacity and meet the increased demand for online orders amid the on-going COVID-enforced lockdown in the city. Thousands of more delivery slots will be made available The two stores in Western Sydney, located in Cecil Hills and Fairfield, have been closed to the public and will be used to purely fulfil online orders un...
30 July 2021
Australia’s convenience sector is dominated by forecourt-based stores, however evolution of the sector has been slow and innovation has been stop start in recent years. As Ampol and Woolworths launch their first Ampol Woolworths Metro store in Victoria, we explore whether the partnership’s drive to open more stores will unlock further value in the Australian convenience channel. 14 Ampol Woolw...