Tag Archives: sales

‘Positive’ signs for retail, says NRA

The National Retail Association (NRA) has said that there are positive signs that the state of retail is improving. This follows the August trade figures released by the Australian Bureau of Statistics (ABS) last week. Following a “poor showing” in July, the NRA says the ABS report for August reveals …

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Woolworths Group continues to make ‘good progress’

Woolworths Group sales increased by 3.4 per cent to just under $60 billion for FY19. According to Woolworths Group CEO Brad Banducci, the company made “good progress” on its transformation across all of its businesses in FY19 with improving sales and EBIT momentum in the second half of the year. …

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‘Solid’ results for Metcash despite a challenging market

Metcash Group delivered a “solid set” of financial results during FY19, says Chairman Robert Murray, and continued to “successfully” execute its key strategic initiatives. Reported Group sales (which excludes charge-through sales) increased 1.8 per cent to $12.7 billion, while sales (including charge-through sales) increased 1.4 per cent to $14.6 billion. …

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Coles remains ‘solid’ during a year of ‘substantial’ change

Coles Group sales revenue (excluding fuel sales and hotels) increased by 3.1 per cent to $35 billion for FY19. Sales revenue growth was seen across Supermarkets, Liquor and Express. Coles CEO Steven Cain says Coles has delivered a solid performance in the face of a rapidly changing retail landscape. “It …

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Shoppers turning away from processed food

As clean eating sweeps the nation food shoppers are turning away from some processed foods, a report reveals. Declining food categories  Herald Sun Consumer Reporter, Karen Collier recently reported on Supermarket data, which shows that purchases of canned fruit and vegetables dropped by five and three per cent, respectively in …

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Strikeforce AMC acquires The Blueprint Group

The Board of Strikeforce AMC has completed the acquisition of The Blueprint Group, the sales/field marketing group that includes brands such as Powerforce, CCS, AusRep and Extravert. Stronger together Strikeforce MD and CEO Matt Lloyd says the acquisition will benefit both groups. “[We’ll be] stronger together by combining complementary strength, …

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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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New avocado strategy: fewer squeezes, more sales

A novel merchandising approach, supported by a staff-training program, has “dramatically’ boosted avocado sales. Following consultation with all major supermarkets and greengrocers, Avocados Australia identified and tested four principles for the selling of avocados in a range of formats and locations: Use of coloured-foam display pads. Avocados displayed on the …

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NQR sold as a going concern

Victorian discount-supermarket chain NQR has been sold as a going concern and will continue to operate. Bruno Secatore and Luke Targett of turnaround, restructuring and insolvency advisory firm Cor Cordis were appointed as administrators of the Australian-owned NQR Grocery Clearance Stores on January 24. “Following a process of making improvements …

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