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Panic buying is back. Are supermarkets better prepared?

Inside Retail

Videos and images of bare toilet paper shelves have once again surfaced online as consumers fall into old habits, forcing supermarkets to bring back purchase limits on high demand items. Varying approach from supermarkets . We ask that customers stay calm, shop normally and be respectful to our hard-working team members.”.

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Aussie supermarkets can expect softer demand ahead, say analysts

Inside Retail

Australian supermarkets will reap bigger profits in fiscal 2023 half-year due to decades-high inflation and increased savings, but analysts warned of a rough second-half as households reel from mounting expenses due to higher cost of living. Woolworths said food prices over the September quarter rose 7.3 per cent, while Coles reported a 7.1

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Plastic Free July is a waste of time if the onus is only on consumers

Inside Retail

The intent is good, but consumers shouldn’t have to bear full responsibility for plastic pollution. We know consumer demand is only one part of the picture. The cabbage dilemma Research shows consumers generally want to do the right thing by the environment but find it challenging. Maybe there’s another way.

Consumer 289
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2020 has Seen an Irreversible Change in Consumer Behavior; Now is the Time to Adapt

Retail TouchPoints

Such a time of upheaval has led to a permanent, irreversible change in consumer behavior as shoppers embrace the convenience and security of ecommerce more readily. Consumer Behavior has Changed for Good. 2020 has been an exceptional year for the retail sector, with all businesses having to rapidly adapt in some way or another.

Consumer 342
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Are members-only supermarkets the future of grocery?

Inside Retail

Two new stores opened last week, offering a supersized format of Alibaba’s Freshippo supermarkets to paying members. The rise in members-only supermarkets . Members-only supermarkets have become popular in Asia in recent years. Australia is a unique market given the power of the existing players in the supermarket space.

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Woolworths reaps $1.6 billion profit, despite consumers cutting back

Inside Retail

The retailer has begun rebranding Countdown Supermarkets to Woolworths New Zealand and has started transitioning its Onecard loyalty program to Everyday Rewards. Woolworths CEO Brad Banducci said the year marked a “return to relative stability” after several years of material Covid-related disruption. per cent to NZ$7.9

Consumer 246
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Can Asda veteran Allan Leighton return the supermarket to its former glory?

Retail Gazette

However, Leighton certainly has his work cut out for him this time around, as the struggling supermarket continues to flounder. He told The Guardian that he had committed to spending three to five years with the supermarket chain, acknowledging that “it is going to take us that long to get it right.” as sales fell 5.5%