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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.
Woolworths and Coles, Australias supermarket goliaths, have gone from Covid-19 heroes to cost-of-living villains in the last two years. Two of the nations major employers, with a combined workforce of 320,000 staff and about a 66 per cent share of the grocery market, Woolworths and Coles endured a 2024 they would no doubt rather forget.
But one area of commerce has stubbornly resisted this move toward digitization — wholesale. People basically just ignored the third leg of that triangle though, the wholesale leg.” For nearly two decades now online marketplaces have proliferated, beginning with Ebay and Amazon, followed by Walmart, Etsy and countless others.
along with C&S Wholesale Grocers , has acquired Southeastern Grocers and its Winn-Dixie and Harveys Supermarket banners. This consortium continues C&S and SEGs longstanding partnership, added Eric Winn, CEO of C&S Wholesale Grocers in a statement. Financial terms of the current deal were not disclosed.
Save A Lot has relicensed its 18 remaining corporate-owned supermarkets, completing its strategy of shifting ownership and operations of all locations to independent licensed ownership. The time was right for us to step fully into our role as a licensed wholesaler and put all operations in the hands of our dedicated retailers.”
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 ACCC will examine competition in the supermarket sector and how it has evolved since the previous inquiry in 2008.
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.”
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.
The Tally robots from Simbe will roam the aisles of five Price Chopper/Market 32 and five Tops Friendly Markets stores through January 2025, when Northeast Grocery will evaluate the pilot results to determine next steps that could include expanding the robots’ deployment to other supermarkets.
The law, designed to prevent foodborne illnesses by strengthening the ability to track and trace food through all stages of the supply chain, will become mandatory in 2026, but Save A Lot, a discount wholesaler serving approximately 750 independently owned groceries, has committed to being ahead of the curve.
A $68 T-shirt might seem like a tough sell, but eight years on, Molnar’s brand Goodlife C l othing has a host of top-tier wholesale partners, a booming DTC business and, most importantly, a cult following of customers that keep coming back. Product that Delivers on its Promise. Do their customers really keep coming back?
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.
Back then the chain was a department store until 1965 when the first Woolworths supermarket opened in New Zealand, before the company later bought the Self Help chain and from 1973 began rebranding those under the Woolworths brand.
Alex Foster, who has 20 years of retail experience at discount supermarket Aldi, will take over the position. Barbeques Galore launched a B2B e-commerce site in May with the goal of expanding its wholesale operations in Australia and internationally.
Foodservice distributor US Foods is continuing to expand its warehouse supermarket concept CHEF’STORE with four new locations in California, Montana and North Carolina. The new additions will bring the total number of CHEF’STOREs to 87 across 13 states. In February 2021, the company rebranded to the CHEF’STORE banner.
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.
Wholesaler Metcash’s revenue grew in the first half of FY24 amid higher sales across its food, liquor, and hardware businesses. Metcash is known for its supermarket brands IGA and Foodland and convenience brand Campbells/C-Store. ” Underlying EBIT decreased 3.4 per cent to $246.5 per cent to $142.5 million.
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.
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. .
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.
billion merger, Kroger and Albertsons have increased the number of supermarkets they plan to divest by 166 , for a total of 579 stores. The retailers also have increased the corporate and office infrastructure they would sell to C&S Wholesale Grocers , as well as additional private label product lines, for a total of approximately $2.9
The retail operations are not just confined to malls but also incorporate custom-built high streets and markets. Food sales are done under five different formats: Savemore, SM Supermarket, SM Hypermarket, Waltermart and Alphamart. The wet market still reigns supreme for the time being. billion of revenue in 2023.
During its most recent update, the UK’s biggest supermarket, said it was considering replacing its barcodes with QR codes, said it had pulled in its highest market share in nearly nine years, hitting 29% of the industry’s sales. Tesco’s UK and Ireland like for like revenues, excluding fuel and VAT, rose 3.7%
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. Adams is aiming to establish thirty locations by the turn of the new year, starting with densely populated markets before looking into expanding beyond metropolitan areas.
Metcash chief executive Jeff Adams will retire early next year, and will be replaced by Doug Jones, current CEO and senior vice president of South African-based Massmart Wholesale. Adams had indicated to the Metcash board a desire to retire, which allowed the business to complete a global search for a successor. “On
The 7-Eleven Holdings board’s decision to seek a buyer for its network of about 750 retail outlets continues a seismic restructuring of the convenience retail market in Australia. 7-Eleven has indicated a $2 billion price tag for its 9 per cent market share in fuel sales and market-leading national convenience store network.
C&S Wholesale Grocers has entered into an agreement to acquire Piggly Wiggly Midwest. president of Piggly Wiggly Midwest and founder of Butera Market. “Piggly Wiggly is more than a supermarket, it is a family of franchise operators, employees and loyal … customers, too.
Steven Cain, CEO at Coles, said the deal will allow the company to focus on its growing omnichannel supermarket and liquor business. “This agreement is positive not only for Coles and Viva Energy, but also for our customers, team members and respective shareholders. Viva will continue to stock Coles’ own-brand products. .
The supermarket giant has poached Lidl’s chief operating officer Matt Heslop as its new director of convenience and wholesale. Lebon brings over 39 years of experience in supermarket retailing, having most recently served as executive director of supermarkets and hypermarkets at Carrefour.
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. RAC fuel spokesman Simon Williams said the decline could have been even sharper if supermarket pump price reductions were “in line with cheaper wholesale costs”. for petrol and 5.7p
Discount supermarket chain Save A Lot is rolling out a new data-driven supply chain solution from SymphonyAI in an effort to better meet shopper needs and minimize stockouts and substitutions. The company retained 18 stores in its home market of St. to serve as test sites for new innovations and programs.
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. During the height of the pandemic, coffee consumption changed radically. Customers stopped buying from baristas and started brewing their own. Grounds for expansion.
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
I felt like I had landed on a good idea and found a niche in the market for something that didn’t exist. Within one week, we developed a wholesale range, which we photographed and took out to specialty delis and independent supermarkets. IR : Is the wholesale side of the business still going? SF: No, it’s not.
Similarly, Vitality Brands’ Epzen ventured further into the body care market this month with the release of a body serum and body butter to complement its bath salt offering. We really hustled to get these products to market and I’m super proud of them,” Geminder added. Why bodycare?
This year, Central plans to open four new home-improvement stores, 10 supermarkets/food halls and four Go Wholesale warehouses in Thailand, plus two Go! Not content with just giving the store a new look and elevated market position, Central even rechristened it, somewhat Inauthentically, as Store of Bangkok. stores in Vietnam.
Costco Wholesale Corporation, the world’s third-largest retailer after Walmart and Amazon, has a wacky fiscal year that is out of sync with most retailers: Its FY23 ended 3 September and its annual report was released on 11 October. In Asia, member-based companies have in the past focused heavily or exclusively on wholesale customers.
I understood the Australian market, but also sort of understood the Lindt brand and the Lindt business model from growing up in Switzerland. Compared with a lot of our other markets, Australian shoppers and consumers really like, and are very open to, new concepts. Australia is a really attractive test market for big brands.
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.”.
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 Investing ahead of growth.
They really own brands and take brands to market. 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. I think the marketing component of it needs to improve.
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. .
The commission said New Zealanders are paying too much for groceries compared to people in other international markets, the major two retail chains – the Woolworths-owned Countdown and the local co-operative Foodstuffs group – are stifling innovation and making persistently high profits in the absence of serious competition.
SpartanNash operates as a grocery wholesale and owns 145 supermarkets under the banners of Family Fare, Martin’s Super Markets and D&W Fresh Market. United Natural Foods is said to be exploring a potential acquisition of SpartanNash as is Oak Street Real Estate Capital. military.
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