Saturday, November 16, 2024

News & Latest Stories

Tough start to year as consumers tighten their belts

Real (inflation-adjusted) retail turnover growth was 1.2 per cent for the year to March 2017, according to Deloitte Access Economics’ latest Retail Forecasts subscriber report. Deloitte Access Economics partner and report author David...

International news: UK online grocery sales set to surpass $18.6 billion

The value of virtual shopping baskets is growing at a faster rate than physical ones, in the UK, with Mintel forecasting 12 per cent growth in 2017. The growth in the market comes...

Trial puts healthy supermarkets to the test

Seven independent IGA supermarkets in Bendigo and Geelong in Victoria are taking part in a campaign to promote better food choices as part of the ‘Eat Well @ IGA’ project – a...

Maltra Foods celebrates 20 years of manufacturing in Melbourne

An anniversary event held last Friday, attended by Maltra Foods suppliers, staff and Federal MP for Chisholm Julie Banks, reflected on the success of one of the largest powdered-food manufacturers in Australia. The...

Tomorrow’s leaders tackle today’s problems

By ASMCA Joe Berry Award Chairman Keith Quigg. There has been a great deal of discussion between retailers, suppliers and other providers in past months. The efforts by both major retailers in conjunction...

Consumers born overseas driving retail growth

Grocery spend for overseas-born Australians will grow to 28 per cent of total spend in the next five years, with Asian-born shoppers to contribute 57 per cent of this growth, according to...

Modest retail turnover brings relief for food retailers

The Australian Bureau of Statistics (ABS) retail trade figures for April 2017 show minimal growth from March, with food retailing faring better than most other segments. Australian Retailers Association (ARA) Executive Director Russell...

Mixed reaction to minimum-wage increase

The Fair Work Commission (FWC) this week announced its decision to increase the minimum wage and Modern Awards by 3.3 per cent, stirring mixed reactions from the retail industry. The Australian Retailers Association...

Coles focuses on price, fresh produce and reduced range

Coles Managing Director John Durkan has announced the key areas the grocery giant will focus on over the next year: reducing prices, increasing fresh produce and reducing the range of other grocery...

ALDI named cheapest supermarket

Consumer watchdog Choice has compared the average cost of a basket of groceries from 110 supermarkets across Australia and found ALDI to be significantly cheaper than Woolworths, Coles or IGA. Choice sent undercover...

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