This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The Australian Competition and Consumer Commission (ACCC) will live stream its upcoming public hearings for the supermarkets enquiry, scheduled from November 7 to 22. Key players from the supermarket industry, such as Aldi, Coles, Metcash, and Woolworths, will participate alongside consumer advocates and industry representatives.
Woolworths and Coles, Australias supermarket goliaths, have gone from Covid-19 heroes to cost-of-living villains in the last two years. Woolworths and Coles drew consumer ire for cost-of-living pressures affecting Australian households, business costs, and the viability of suppliers of agricultural products and manufactured goods.
Woolworths Group booked lower profit in the first half, attributed to the 17-day industrial action impacting its supermarket business last December and a trend of customers seeking more value when shopping. per cent amid strikes, changing consumer habits appeared first on Inside Retail Australia. The group’s net profit fell 20.6
The Australian Competition and Consumer Commission (ACCC) has published its final report following a year-long inquiry into the countrys supermarket sector. The report includes 20 recommendations to increase competition and price transparency for consumers and suppliers.
But one area of commerce has stubbornly resisted this move toward digitization — wholesale. There are three major players in the retail industry — the brands that make the products, the retailers that sell the products and the consumer who buys from the retailer,” said Max Rhodes, Co-founder and CEO of B2B marketplace Fa i re.
The pricing practices of Australia’s supermarket near-duopoly are about to the the focus of a year-long enquiry by the government’s competition regulator, the Australian Competition and Consumer Commission (ACCC). The regulator’s investigation resulted in identifying more than 700 potentially restrictive leases.
billion, with its wholesale distribution business PFD registering sales growth of 28 per cent due to strong trading with existing customers and new customer acquisition. The retailer has begun rebranding Countdown Supermarkets to Woolworths New Zealand and has started transitioning its Onecard loyalty program to Everyday Rewards.
CP Axtra, the awkwardly-named parent company of Thailands familiar Makro and Lotuss stores and the countrys largest wholesale-retail conglomerate, reported a strong set of results for the fourth quarter of 2024 and for the whole year. Wholesale sales under Makros four different banners grew by 4.7 billion Thai baht (US$4.0
This week, the Senate Committee on Supermarket Prices made 14 recommendations for the Government to consider amending the Competition and Consumer Act 2010 to end the alleged price gouging of the major supermarkets. This will allow consumers to align and ‘buycott’ from a supermarket that promotes their values.
Launched in 2017, wholesale platform Foodbomb connects restaurants and cafes with a marketplace of around 160 suppliers, simplifying the ordering process. But, in the wake of the Covid-19 pandemic, the business opened its doors to direct-to-consumer (D2C) sales to buoy the market through periods of empty supermarket shelves.
Associated Food Stores (AFS), a wholesaler and cooperative serving nearly 450 supermarkets in the Intermountain West region, has adopted customer engagement, personalization and analytics solutions from Birdzi. We’re honored to earn the confidence from our first wholesale customer.”
The trial is set to begin on September 30, and my office looks forward to making the case that this merger will eliminate competition and impact food prices, jobs and consumer choice.” Earlier this month , Kroger and Albertsons identified the 579 supermarkets they plan to sell to C&S Wholesale Grocers if the merger goes through.
Mexican grocer Chedraui , Raley’s Supermarkets and Primark Stores have topped the National Retail Federation’s 2023 Hot 25 Retailers list, which ranks the fastest-growing retail companies in the U.S. Raley’s Supermarkets, No. expansion ), BJ’s Wholesale and Costco. 6, also with 30% growth. By contrast, Grocery Outlet (No.
billion Kroger acquisition of Albertsons , calling the deal — the largest supermarket merger in U.S. history — anticompetitive and harmful to both consumers and workers. The Federal Trade Commission (FTC) has formally challenged the proposed $24.6 billion , but the FTC has criticized the divestment as inadequate.
Over the decades, Australia’s major supermarkets have emerged from various parliamentary and regulatory agency inquiries, not to mention political, media, union and consumer group pressures, relatively unscathed. This time supermarkets are caught in a political quagmire and the repercussions of an economic and social reset.
Thai retail conglomerate Central Retail (CRC for short) has launched full-on into the wholesale business under the name Go Wholesale, and is planning to give CP Axtra — parent company of retailer Lotus’s and wholesaler Makro — a run for its money. It operates 164 wholesale units, of which all but 10 are in Thailand itself.
Australia has experienced plenty of supermarket shortages since the COVID pandemic began. In 2020 and 2021, empty shelves were due to spikes in demand, as shoppers responded to lockdowns by buying more toilet paper, pasta and other consumables. All of Australia’s supermarket supply crises were dealt with in less than three weeks.
The winter World Cup has added a new level of uncertainty to the Christmas trading outlook of Britain’s supermarkets: How do you persuade cash-strapped shoppers to buy yule logs and luxury biscuits at the same time as beer and pizza? But with household budgets squeezed, supermarket chains are bracing for less of a sales bonanza.
The symbiotic retail relationship SM Retail, the retail arm of SM Investments, operates a portfolio of more than 4200 stores across a whole plethora of retail categories that includes department stores, supermarkets, hypermarkets and specialty stores. In all the company runs 30 brands, and conveniently they rent space in SM Prime’s malls.
An exclusively online supermarket is rolling out across metro Sydney and Melbourne this month to capitalise on the demand for quick and convenient grocery delivery. But with today’s consumers opting to shop more frequently rather than in one go, Adams doesn’t foresee many large orders being a big issue. 15-minute delivery .
New Zealand has an effective grocery retailing duopoly that is not serving consumers well, according to a preliminary report from competition regulator the Commerce Commission. Consumer NZ welcomed the preliminary findings and called for legislation to curb the chains’ dominance.
Steven Cain, CEO at Coles, said the deal will allow the company to focus on its growing omnichannel supermarket and liquor business. The deal will now be subject to Viva obtaining clearance from the Australian Competition and Consumer Commission and approval from the Foreign Investment Review Board.
Supermarket bosses will be facing energy secretary Grant Shapps after he warned he would hold retailers accountable if they continue to charge “sky high” petrol prices for customers. A number of supermarkets, such as Sainsbury’s , have already said they would welcome the scheme.
UK supermarkets have more than doubled their margins on fuel since the start of the war in Ukraine , according to recent data from the RAC. Lower fuel prices helped drive a drop in the Consumer Prices Index measure of inflation last month to 7.%, for petrol and 5.7p for diesel. for petrol and 10.8p for petrol and 10.8p down from 8.7%
Costco Wholesale Australia has finished paying fines totaling $33,000 for stating misleading information on the label of its lobster products, according to the Australian Competition & Consumer Commission (ACCC). Costco is one of the world’s largest retailers and operates warehouse outlets in 13 countries.
Nielsen Consumer Insights reported a 37 per cent increase in supermarket coffee sales – with more premium options seeing sales growth of over 40 per cent. The change, Knox explained, has worked well in concert with the way customers have been consuming their coffee.
Soon after Britain’s Tesco abandoned its retail business in Thailand and Malaysia in early 2021, its buyer, Thailand’s Charoen Pokphand Group, merged it with its Siam Makro wholesale arm. The retail and wholesale businesses accounted for a roughly even split of the company’s 219.6 That was in October a year ago now. billion baht ($9.4
The consumer watchdog ultimately decided the acquisition is not likely to substantially lessen competition in the wholesale food distribution sector, as the two companies do not compete for a majority of their customers. And] while there were concerns expressed by some suppliers, many suppliers did not raise competition concerns.”.
Consumers are not being served well by the New Zealand grocery duopoly, according to the Commerce Commission – but it stopped short of any major recommendations in the final report into the grocery market tabled this week. .
Koko Black also has a corporate, wholesale and fledgling international business. Crowe explained that the brand currently supplies a number of premium independent supermarkets, and that the big guys – like Coles and Woolworths – are seemingly fighting each other to stock its products. “We
Direct-to-consumer (DTC) brands typically carry up to 33 per cent of their inventory as deadstock, while wholesalers cannot carry the same amount before it becomes unviable due to lower margins. Partners with benefits For retailers, the problem with holding deadstock doesn’t stop at the opportunity cost.
Despite a burgeoning petcare aisle at its supermarkets, Woolworths Group is hoping to carve out a greater slice of the $2.9 E-commerce offerings in the pet category have prospered during Covid-19 as consumers lean into online services more than ever. billion petcare market with the launch of a new standalone business, Pet Culture.
Market overview Currently, Gem is the fourth top oral care brand in Australia and the brand retails direct-to-consumer (DTC) online – in addition to its Australian retail partners. “We’ve We really hustled to get these products to market and I’m super proud of them,” Geminder added. Why bodycare?
It operates 163 units with an average size of just over 5,200 square metres, but 80 of them are much bigger than that: cavernous warehouses where retail buyers and end consumers load up oversized shopping carts with bulk items at wholesale prices. That’s good news for retailers. For Big C, finance costs grew by 3.7
The logistics of running convenience stores were not as easy as they might have looked for supermarkets blessed with substantial buying power and marketing crossovers such as fuel discounts and loyalty programs.
The grocery wholesaler SpartanNash plans to organize its corporate-owned supermarkets under banners that appeal to specific consumer demographics. “We This allows us to have much more purpose as we talk to shoppers and consumers. ”
They have a retail-wholesale philosophy — they have their own stores, they’re in large department stores [through concessions] and they hold licences for a bunch of very well loved and established brands. IR: What about that mix of own stores, concessions, wholesale and licencing appeals to you as a retail business model?
“Following the proposed merger, for suppliers who may not have the ability to divert supply through other channels (ie, through other grocery retailers, export, wholesale, foodservices and direct-to-retail consumers) this would reduce their major customers by one, and the merged entity would account for more of a suppliers’ total business.
A testy Banducci temporarily abandoned the interview having rejected former Australian Competition and Consumer Commission chair Rod Sims’ assertion that Australia had one of the most concentrated grocery markets in the world. In terms of retail operations, the most curious decision was to persevere with the underperforming Big W chain.
The grocers were questioned by MPs at the Business and Trade Committee on why prices continued to rise despite wholesale costs starting to fall. Executives from Asda, Morrisons, Sainsbury’s and Tesco told MPs on Tuesday that they were shielding customers from the full impact of rising costs.
The booming retail business Aside from the retail properties, SM Investments also has a separate retail arm consisting of about 3850 department stores, supermarkets, hypermarkets and specialty stores. Retail and wholesale trade have made key contributions to the improvement. Some of these naturally occupy space in SM Prime’s malls.
Retailers are caught in a tightening vise between soaring cost of goods and heavy competitive pressures, which places their margins increasingly at risk as long as they cannot pass through the costs to consumers in their entirety. The country’s Wholesale Price Index is up more than three times the pace of the CPI, at 9.7
With three quarters of the UK now shopping for their groceries online, consumers have become more discerning in what they expect from eCommerce platforms. Tech is the powerhouse behind this step-change, allowing new, cloud-enabled solutions and shared APIs that connect supermarkets and restaurants to delivery platforms.
If you walk up and down the aisles of supermarkets, clothes shops or even furniture stores, you will notice that more brands are shouting about their commitment to protecting the environment, be it via packaging or marketing messages. Retailers must also consider their consumers, and modern consumers are prioritising sustainability.
We organize all of the trending information in your field so you don't have to. Join 40,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content