Australia news

12 February 2013
Aldi Australia has confirmed that it plans to expand its store portfolio into both the states of Western Australia and South Australia. Increased competition for Coles and Woolworths In Australia, Aldi trades over 280 stores which are focused around the eastern seaboard. Outlets are currently located in the Australian Capital Territory, New South Wales, Queensland and Victoria. However, ...
04 February 2013
Costco's performance in Australia appears to be going from strength to strength, with revenue for the 53 weeks to 2 September 2012 more than doubling on the previous year and profits turning positive for the first time. Strong sales and profits In the retailers FY to 2 September 2012 Costco Australia saw revenues more than double to AU$609.5m and net profits reach AU$9.73m. The rapid incre...
31 January 2013
Woolworths has released half year sales for the 27 weeks to the 30 December up 3.2% to AU$30,679m, with sales for continuing operations up 4.8% to AU$30,037m. Its supermarket division continues to grow well with sales up 3.7% to AU$26,194m. Australian Food and Liquor shows steady progress Australian Food and Liquor sales for the half were up 4.7% to AU$20,488m, with like-for-like (LFL) ...
30 January 2013
Coles has reported half year sales up 4.7% to AU$18,333m in the 27 weeks to 30 December 2012. Strong growth was maintained across the half with an improving growth trend in Q2 for almost all of Wesfarmers' retail divisions. Food & Liquor continues to grow volume ahead of sales Coles' Food and Liquor sales grew to AU$14,301m in the half, with sales up 5.0% or 3.8% on a like-for-like (LFL)...
22 January 2013
As the retailer looks to reinvigorate growth in its liquor formats in 2013, Coles has launched a new private label brand into the beer category. Three ales all with their own Aussie personality Coles has entered the craft beer market with the launch of its own private label branded beer. The new Steamrail Brewing Company brand has the slogan of 'Ale with a Tale', claiming that behind every...
21 January 2013
Following the departure of Tony Buffin, Coles have appointed Rob Scott as its new finance director. Internal appointment shows strong management pipeline Rob Scott will move from his current position as Managing Director of Wesfarmers insurance, to head up the finance division at Coles . The move follows the decision of outgoing Coles Finance Director, Tony Buffin to take a senior role a...
18 January 2013
Woolworths has moved to double the discount it offers on fuel, matching a similar offer which Coles currently has in place, but also offering a few extra hidden benefits.  Customers can start saving today Woolworths is doubling its popular fuel discount from 4c off a litre to 8c off a litre. However, in what it claims to be an industry first, it is backdating the savings to customers who...
15 January 2013
Australia's market leading supermarket has launched a new local food sourcing initiative that will see it support more small to medium sized local companies and introduce more locally produced food to its shelves. Supporting local producers fits with range tailoring stratgey The first locally sourced products will start to arrive in Woolworths stores in late January, with the first being...
10 January 2013
In order to help customers save money, Coles has slashed the prices of over 100 products, its largest round of price cuts since it launched the Down Down campaign in 2010. Everyday private label products slashed in price Coles has invested tens of millions of dollars in cutting the prices of over 100 everyday products. Coles says that the new cuts are in response to research that it con...