Tag Archives: Drakes

Metcash to continue supplying Drakes in Qld

Metcash has reached an agreement with Drakes Supermarkets to supply its stores in Queensland for another five years. The announcement comes after the expiry of its existing supply agreement on June 2, 2019. According to the Financial Review, the agreement means Metcash is “removing a major threat to its revenue …

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Drakes gears up for wholesale market venture

Drakes Supermarkets is preparing to enter the wholesale market and has chosen Infor as its technology partner. It’s currently building a “state-of-the-art warehouse facility” in Edinburgh North, Adelaide. This will serve both its retail operations and wholesale customers. It will also be capable of warehousing ambient, fresh, chilled and frozen …

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Metcash half-year results ‘pleasing amid challenges’

Metcash has reported that group revenue increased by 2.2 per cent to $6.2 billion for the half-year ended October 31 with all pillars delivering improved earnings. Food EBIT was up 2.4 per cent to $93 million. Group CEO Jeff Adams said the first-half results were “pleasing in the face of …

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Drakes’ new distribution centre a blow for Metcash

Supermarket giant Drakes Supermarkets has announced it plans to build a state-of-the-art $80 million distribution centre in South Australia, creating up to 550 jobs. This news comes only a day after the independent grocery retailer advised Metcash Limited that it would not be making a commitment to have its supermarkets …

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