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For a second successive quarter, Costco’s performance was impacted by softer sales in big ticket non-food discretionary items. This was partly due to cautious shopping in the ongoing inflationary environment, but also due to tough comparatives where these products performed better than usual in the last two years. Here we look at those results in more detail and highlight five key takeouts.

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Alibaba’s Freshippo supermarket in China will stock Australian retailer Coles’ private label products. Freshippo working with 13 global retailers Freshippo is expanding its range of quality imports using its global sourcing capability. Imported products from the best sources around the world is a way to introduce innovative products that are trendy and popular. The retailer is also partneri...
Woolworths Australia has announced key changes to its paid loyalty programme and acquisition of Milkrun, a quick commerce player. Key changes to Every Rewards Extra programme Woolworths Everyday Rewards Extra is an extension of its Everyday Rewards loyalty programme. Members pay a subscription fee to enjoy “subscribers’ only” rewards. Under the new rules, subscribers will pay a higher subsc...
Woolworths is dropping the prices of more than 450 winter essentials including chicken, corned beef, soup and pasta, as part of its latest seasonal Prices Dropped campaign. Average discount of 19% The program will help shoppers save on the products they regularly buy in-store and online over winter. The price drops are worth over $700 across the full basket of products. The products include...

Presentations

31/05/2023
In this report we review Costco's grocery retail outlook and strategic priorities for the next five years, We use this to provide considerations and implications for suppliers.
30/05/2023
Loyalty or reward schemes have never been more top of mind for grocery retailers.
25/04/2023
Explore how Woolworths is aligned to our global trends on reducing fresh food waste, energy reduction, packaging efficiency and responsible community retailing.

Key presentations

Australia Country Presentation

A guide to Australia’s grocery market and how we expect the country, its leading retailers and channels to evolve over the next five years.

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Australasia retail trends 2023

We highlight five trends set to shape the food and consumer goods retail market across Australasia in 2023.