Coles lower prices boost third quarter results for Wesfarmers
Wesfarmers Limited has announced “pleasing” retail sales result of $13 billion for the third quarter of the 2015 financial year, which it said were boosted by Coles’ lower prices strategy and continued...
View ArticleFood and liquor sales for Woolworths ‘disappointing’ in third quarter
Australian supermarket giant Woolworths’ third quarter results have shown some improvement in its food and liquor business, but sales in the 13 weeks to 5 April 2015 were still “subdued”.
View ArticleThe five ways for SME to use data to challenge supermarket dominance
To compete in a retail environment savviness in the usage of data is a critical element for supermarket businesses.
View ArticleMarketing success in simple meal appeal to customer cooks, pork industry...
Australia’s pork industry researchers, Pork CRC, and the industry body Australian Pork Limited (APL) have found Australian consumers significantly increase their purchase of pork steaks once they have...
View ArticleHow to build a plan for strategically significant customers
SKAP, or Strategic Key Account Planning will enable general management, sales management and account executives to develop a comprehensive and measurable plan that will facilitate the development of...
View ArticleCoopers Brewery profits go up despite market decline in alcohol consumption
Coopers Brewery, one of Australia’s remaining independent commercial beer producers, has managed to increase its yearly profits despite dropping beer consumption amongst Australians.
View ArticleCoopers continues strong growth despite tough beer market
Coopers brewery has continued to grow despite Australia’s dropping consumption of beer reporting strong sales for the 12 months ending the 31 December 2015.
View ArticleWoolworths’ credit rating downgrade follows latest poor results
Australia’s largest supermarket group Woolworths has had its credit rating downgraded after the release of financial results yesterday disclosed another drop in sales in the latest quarterly results.
View ArticleAldi nears “tipping point” to push its fresh produce
A new report from financial services company, UBS Australia, has described Aldi as a “unstoppable force” in the Australian supermarket industry.
View ArticleCheese purchases on the decline, Roy Morgan Research
Australians are buying less cheese says Roy Morgan Research.
View ArticleBellamy’s appoints new director to support company growth
Australian baby food manufacturer Bellamy’s has announced the appointment of a new non-executive director, Launa Inman.
View ArticleConcerns about trends in Woolworths results
Australian supermarket giant Woolworths has announced a drop in Net Profit After Tax of 3.1 per cent, to $1,280.4 million, for the half year ended 4 January 2015.
View ArticleMetcash to acquire liquor group in attempt to lift its liquor sales
Australian wholesaler and distributor of groceries Metcash is attempting to stem recent losses in its Liquor division, entering into an agreement in late February 2015 to purchase Southern Independent...
View ArticleMcDonald’s sees global sales drop trend continue
Global fast food restaurant chain McDonald’s has announced a decrease in global comparable sales of 1.7 per cent in February 2015, continuing a downward trend.
View ArticleA2 Milk Company approved for ASX listing and aims US market launch with new...
New Zealand-based dairy company the A2 Milk Company has announced that its application for listing on the Australian Securities Exchange (ASX) has been approved in principle, subject to customary...
View ArticleFood retail faces tougher times in Australia
Food retail in Australia is among the better-performing retail sectors contributing to only a modest rise is sales figures in February 2015.
View ArticleTesco woes continue in UK
UK-based supermarket giant Tesco PLC (Tesco) has announced a “significant reduction” in UK trading profit for the year ended 28 February 2015, which it says is the result of difficult trading...
View ArticleGrowth in retail sales continues to slow down in Australia
The Australian retail sector is expected to see a further slowing in growth nationally with the AFGC CHEP Retail Index showing growth of 4 per cent year-on-year in the March quarter, slowing to 3 per...
View ArticleGlobal packaged water consumption to overtake carbonates in 2015
Historically carbonated soft drinks have led global soft drinks consumption, but 2015 will see packaged water overtake carbonated drinks, according to the latest findings from market research...
View ArticleColes market share in Australia has declined
A more buoyant Woolworths and expansion from Aldi has seen Coles’ market share decline in 2016-17, for the first time in years to 30.9 per cent.
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