Tag Archives: supermarket

Metcash delivers a ‘pleasing financial and strategic outcome’

Metcash has released its financial results for the year ended 30 April 2019. Reported group revenue, which now excludes charge-through sales, increased 1.8 per cent to $12.7 billion (FY18: $12.4 billion). Including charge-through sales, group revenue increased 1.4 per cent to $14.6 billion (FY18: $14.4 billion). “Further good progress on …

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Coles unveils plans for sustainable growth

Coles has announced its refreshed strategy to deliver on its vision of becoming the most trusted retailer in Australia. Speaking at Coles’ first Investor Day since listing on the ASX in November 2018, Group CEO Steven Cain said the business wants to sustainably feed all Australians to help them lead …

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‘Next-generation’ Woolworths store opens in Brisbane

Woolworths has opened its first next-generation supermarket in Brisbane. The Woolworths Racecourse Village Ascot store focuses on Australian fresh food and convenient shopping. The supermarket says customers can enjoy a range of features new to Woolworths Queensland stores. These include flame-roasted chickens, seafood from a new fish market, artisan breads, …

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The state of supermarkets and grocery industry

According to IBISWorld’s Supermarket and Grocery Stores industry report ‘Checkout Update Q1 2018,’ the $102 billion industry is expected to grow by 2.2 per cent in 2017-18, largely due to rising demand for premium food products, such as organic fruit and vegetables. This follows on from a 0.6 per cent …

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Foodland leads supermarket satisfaction

New research from Roy Morgan shows that customer satisfaction with Foodland in August 2017 was 94.4 per cent, making it the top performer among the big-five supermarkets. Foodland was also one of only two supermarkets to increase satisfaction over the last year, with an increase of 0.6 percentage points. The …

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