Australia news

Having seen a surge in demand for online grocery retail over the past year, we have remodelled how we expect the channel to grow in Australia over the coming years, predicting that online grocery will achieve a market share of 9.9% by 2026, up from an estimated 5.0% by the end of FY21. COVID-19 has accelerated online grocery by three years in Australia Woolworths and Coles currently control...

Metcash has released its annual results for the year ending 30 April 2021 with sales up 10.1% to AU$16,361.1m and EBIT up 19.9% to AU$401.4m. With sales significantly benefitting from changing shopping habits driven by the pandemic, as well as the retailer's progress against its strategy, we pull out our key learnings from the results and what to expect next. Food sales up 3.1% to AU$9,389.7m ...

Australia’s market leading retailer continues to make progress against its strategic priorities, we round up some of the biggest developments over the last few weeks. PFD Food Services acquisition approved Woolworths has finally been given permission to acquire Australia’s second largest foodservice supplier, PFD Food Services. The retailer originally announced its intent to buy a 65% sta...

Woolworths private label products are now available in the Philippines, through its partnership with Robinsons Supermarket, as well as its other retail banners The Marketplace and Shopwise. Over 150 Woolworths products in 35 stores and online Woolworths has been exporting products outside of Australia for the past five years, with the Philippines being the latest to have a local partner. M...

Leading Australian retailers such as Woolworths, Coles and Aldi have signed up to the ANZAC plastics pact that will significantly reduce plastic waste from supply chains by 2025. Retailers will look to achieve four targets The new pact looks to address a significant challenge for the food and consumer goods industry and will be adopted by business and governments across Australia, New Zeala...

Aldi in Australia has set up a new platform through which it plans to sell its popular Special Buys online. New website: shop.aldi.com.au The new trial service launched last week and is offering Special Buys in selected postcodes in New South Wales, Victoria and Queensland. According to Simon Padovani, Group Director Customer Interactions at Aldi Australia, the basic website is the retailer...

Coles has opened its first Local store in Sydney's CBD and will open a further two urban supermarket stores under the banner by the end of June. New format is allowing Coles to open in new locations The new Coles Local on Sydney's York Street is the first Coles store to open in Sydney's CBD in 15 years and the fourth in the city, following openings in Chatswood, Manly and Rose Bay. The stor...

Aldi in Australia has committed to achieving zero waste to landfill, with a phased approach to achieving its target. Food waste will be the top priority The discounter in Australia has always taken a strong stance towards sustainability and last year announced that 100% of its operations would be powered by sustainable energy by the end of 2021 . It will now focus on improving how it deals...

In the last few weeks we have seen both Coles and Woolworths announce new AI-enabled solutions that it hopes will make stores both more efficient and better to shop. Coles to automate fresh produce replenishment Coles has partnered with Relex Solutions to replace its manual fresh produce ordering system with a new cloud-based AI platform. The new technology will help Coles maintain and impr...

Woolworths has released Q3 results with sales up 0.4% to AU$16,566m. However, the data shows two distinct trading periods during the quarter with sales heavily impacted in the last six weeks as the retailer starts to cycle COVID-19 trading from 2020. So what have we learnt? Growth ahead of Coles, but not on a two-year basis Although food and liquor sales declined sharply in the final six w...