Australia news

02 March 2021
Woolworths Holdings, the South African owner of David Jones in Australia, has announced that it is to close stores and focus its efforts on expanding its forecourt partnership with BP. Three stores to close in Melbourne In September 2020 the retailer expressed concern over the progress that its Australian food business was making and with many of its larger food halls located in department ...
02 March 2021
IGA in Australia has teamed up with logistics provider DoorDash to offer grocery delivery from 100 of its supermarkets. Over 1,600 SKU's available within 45 minutes DoorDash will help IGA ramp up its online grocery delivery business that it fast-tracked to market last year due to the global pandemic. The partnership means that stores in Melboure, Sydney, Brisbane, Perth, Adelaide, Cairns, T...
26 February 2021
Half year results season in Australia is out of the way, with both Woolworths and Coles having released their HY performance reports over the last two weeks. As the attention swings towards H2 and the rest of 2021, we believe that there are five major trends that will shape the Australian grocery market as we cycle out of the pandemic... 1. Acceleration of online grocery Over the past few y...
24 February 2021
Woolworths Group has reported half year sales up 10.6% to AU$35,845m and EBIT up 10.5% to AU$2,092m for the period ending 3 Jaunuary 2021. Strong growth was seen across all businesses, except hotels, with online sales growing across the group by an impressive 78%. Australian Food sales up 10.6% to AU$23,449m Strong sales growth was seen through the half, slowing marginally in Q2. LFL sales ...
19 February 2021
Coles has launched a new online subscription service called Coles Plus that offers benefits across the Group's businesses for $19.99 a month. New sub links benefits across the Group's businesses The new service was revealed at the retailer's H1 results this week and replaces its Delivery Plus service that it launched in November 2019 . Unlike the old service, the new sub offers one price p...
17 February 2021
Coles has posted sales growth of 8.1% to AU$20,378m for the first half of its FY21, with EBIT also increasing 12.1% to AU$1,020m. Supermarkets sales up 7.3% to AU$17,800m Supermarket LFL growth was reported at 7.2% for the half and despite ongoing challenges to deal with the pandemic, customer satisfaction scores reached record highs. Growth did slow in Q2, but remained strong (Q2 LFL growt...
12 February 2021
Coles has rolled out a 90-minute click & collect service to over 400 stores, called Click&Collect Rapid. New service available throughout the afternoon Shoppers can now order online and pick up their shopping in just an hour and a half. The service also offers an extended range to that available via standard click & collect, such as hot roast chickens. Orders are capped at 40 items and must...
11 February 2021
Woolworths has announced that it will invest more than AU$50m over the next three years in training its teams to have the skills and capabilities they will need for the future. Preparing its team for the future of retail The investment, called the Future of Work Fund, will look to 'upskill, reskill and redeploy' its team members in the face of industry change and technological advances. Are...
25 January 2021
The discount retailer opened its first two stores 20 years ago today in Sydney and today it has over 560 stores trading across the country.  Part of the Australian grocery fabric When Aldi brought its highly differentiated operating model to Australia on 25 January 2001, many could not have predicted the success that the retailer would have over the next 20 years. Rising to become Australia...
07 January 2021
Coles has started the new year by announcing that it plans to cut the prices of over 200 products over the coming three months. Reductions of everyday items  The price cuts are expected to be implemented across various categories, with initial products to see reductions including ice cream, convenience items, deli products, drinks and pet food. Some products will see prices dropped as much ...