Tag Archives: retail

Coles Express and Viva Energy strike new 10-year alliance

Coles Express and Viva Energy have agreed on terms for a 10-year extension of their current alliance. According to ACAPMA, the announcement comes in the face of “sustained public criticism” over the high fuel prices Coles Express’ 780 service stations have allegedly charged in recent years. Some industry analysts expect …

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2018 a bumper year for global retailers – Deloitte

The world’s top 250 retailers generated US$4.53 trillion ($6.41 trillion) in revenues in FY18, up 5.7 per cent year-on-year, according to Deloitte. In addition, three retailers with a local Australian presence – Wesfarmers, Woolworths and JB Hi-Fi – remain in the top 250, after JB Hi-Fi broke through last year. …

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Stop & Shop to launch driverless grocery vehicles

US grocer Stop & Shop will launch driverless grocery vehicles in Boston, Massachusetts, the company has announced. The new venture is a collaboration with San Francisco-based start-up Robomart. It will see vehicles bring a selection of Stop & Shop produce, meal kits and convenience items directly to consumers. “This is …

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October trade figures bode well for festive season

October trade figures suggest a strong lead-up to the Christmas trading period, with a 3.56 per cent total year-on-year increase. The Australian Retailers Association (ARA) welcomed the figures, just released by the Australian Bureau of Statistics (ABS). ARA Executive Director Russell Zimmerman says the results should increase confidence and he …

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Deloitte Christmas Survey – all smiles for retailers?

Australian retailers are approaching Christmas with a strong sense of optimism, according to the latest Deloitte Christmas Survey. Now in its seventh year, key survey findings include: 80 per cent of retailers expect to see higher sales this Christmas compared with last year. Forty-one per cent predict growth of five …

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Retail workers want clearer communication from management

Sixty-one per cent of first-line retail workers and 41 per cent of business managers want clearer communication from leadership teams, according to new research commissioned by Microsoft Australia. It also reveals that first-line workers and business managers in the retail industry are experiencing similar workplace pressures. This is despite their …

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‘Super-neighbourhood centres’ will be star financial performers

Urban-planning firm Urbis says the ‘super-neighbourhood centres’ of the future will “significantly outperform market benchmarks in terms of financial performance”. Urbis National Director Matthew Cleary says these centres, with their mixed uses and high-quality design, will increasingly resonate with investors. “Our analysis of the emerging super-neighbourhood category shows these centres …

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July trade figures ‘disappointing’ for retail

The National Retail Association (NRA) says the new financial year has got off to a “disappointing” start for retail. According to the Australian Bureau of Statistics (ABS), trade figures flatlined for July. First, retail turnover remained unchanged at zero per cent. Second, there were falls in three of the six …

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No more plastic bags for NZ’s Foodstuffs

New Zealand grocery distributor Foodstuffs has announced that all its retail and wholesale brands will stop offering plastic checkout bags. The bag ban will start on January 1, 2019. Among its brands are New World, PAK’nSAVE, Four Square, Raeward Fresh, Gilmours, Trents, Henry’s and On The Spot convenience stores. Liquorland …

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$51 billion is spent on promoted sales – but do they work?

New research by Nielsen has found that retailers and manufacturers often see no return on investment from promotions. In Australia, retailers spend $51 billion on promoted sales. But Nielsen says 48 per cent of this income would have come in anyway, whether the sales were promoted or not. As a …

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