Australia news

04 May 2023
Retail sales for the third quarter remained strong at AUD2.4bn (US$1.6bn), an increase of 1.2% on the previous year. Comparable sales also returned to growth through the period. Promotional activity elevated Shoppers are driving in-store sales growth of 2.8% in the quarter. New products continued to perform well, particularly benefiting the Ready-To-Drink (RTD) category. As the market norma...
02 May 2023
After 46 years in Australia, the 7-Eleven chain store is for sale. Famous coffee and Slurpee The retail business is still operating as usual since the sale is expected to take several months. The chain manages 250 million transactions every year and there are more than 9,000 people across its corporate and franchise network. It is the largest convenience retailer on the eastern seaboard of ...
02 May 2023
Woolworths Group, the largest grocery chain in Australia, has recorded 8% Q3 sales to AUD16.34bn (US$10.85bn), underpinned by its food business. Australian Food: 7.6% gain in Q3 Woolworths Food Retail (which consists of stores and ecom) sales increased by 7.4% to AUD12,194m (US$8,090m), with like-for-like increasing 6.6%. Q2 average prices grew 5.4%, moderating from Q2 growth of 7.7%. The e...
28 April 2023
Australia’s Coles Group Q3 FY23 grew 6.5% to AUD9,668m (US$6,410m), underpinned by strong supermarket growth. Supermarket revenue up 7.0%, supported by private label and promotions…. Supermarket sales revenue grew to AUD8.6bn (US$5.7bn) with like-for-like sales increasing by 6.5%. Sales growth was supported by the expansion of “DROPPED & LOCKED” value campaign, MasterChef loyalty programme ...
19 April 2023
Metrogo and 7-Eleven are two banners that are setting the standards for convenience in Australia. With great food-to-go ranges and foodservice concepts, these small format stores are great models for meeting demands for busy lifestyles, who are shopping more frequently while on-the-go. Metrogo - new foodservice partnerships MetroGo is an evolution of the Woolworths Metro brand, formulated i...
19 April 2023
Viva Energy is looking to acquire OTR, an operator of convenience stores primarily in South Australia, in its bid to become Australia’s leading convenience retailer. This comes after acquiring Coles Express for AUD300m (US$201m) in September 2022.  A significant investment The deal for South Australian convenience retail business OTR is worth AUD1.15 bn (US$769.5m). OTR operates a retai...
14 April 2023
In our latest report , we showcase global inspiration from retailers leading the way in food-to-go and eating out in their stores. Here we outline some of the themes we’re seeing in food-to-go and eating out in retail. Retail Analysis subscribers can read the full report here .   1. SPAR Byzantium, Netherlands – a competitive coffee offer to rival specialist operators Looking to...
14 April 2023
Woolworths and Coles offer shoppers fresh discounts and loyalty points to compete on value. Woolworths makes Everyday Rewards more attractive with partner brands Woolworths will offer a points "boost" on a range of everyday essentials and household favourites. To activate the offer, Everyday Rewards members need to “boost” the offer in the Rewards app, by email, or scan the QR code in store...
14 April 2023
Coles has signed an agreement with Uber Eats to provide a one-hour quick delivery service from 500 stores. What is new? Coles’ customers will be able to place their order via Uber Eats and have their groceries delivered within an hour. The service will start with 40 stores in Melbourne and get rolled out to 500 stores over time. Coles made click and collect available within an hour from 90 ...
12 April 2023
Aldi has appointed Tom Daunt, the CEO of its Australian unit, to become the global joint managing director of the German supermarket. Relocation to Salzburg Tom Daunt will take the helm of the global business from Matthew Barnes, who resigned earlier this year to return to the UK. He will assume the role on May 1, relocating to Salzburg. Aldi has risen to become Australia’s fourth largest g...