Australia news

As Australia-based Woolworths officially launches its B2B site and looks to boost its use recycled packaging, amongst other developments, we round up news from the retailer. Woolworths officially launches B2B site Woolworths at Work After a trial that began in September 2020, Woolworths has launched its online service, Woolworths at Work, for business customers. Customers will be able to bu...

As Australia’s Metcash reports its full year results we look at the numbers it has reported and five key standouts from its report. The numbers… For the full year ending 30 April 2022, Metcash reported: Group sales: +5.9% to AU$15.2 bn Group sales including charge-through: +6.4% to AU$17.4 bn and by 17.2% on a two-year basis Group EBIT: +17.7% to AU$472m and by 41.0% on a ...

We look at three initiatives from Australia’s Coles as it aims to become the country’s most sustainable supermarket. Collaboration leads to market debut for eco-bottles As part of a collaboration with packaging company Packamama and wine producers Accolade Wines and Taylors Wines Coles has exclusively introduced a wine bottle made entirely from Australian-sourced 100% recycled PET plastic. ...

As Woolworths launches a new quick commerce service and plans to stop selling reusable plastic shopping bags we round up developments from the retailer. Woolworths launches Metro60 quick commerce service Woolworths’ Metro60 service will enable shoppers to order through an app for delivery in an hour. The service, which will initially launch in 11 eastern Sydney suburbs, will carry an AU$5 d...

Woolworths has entered into a Scheme Implementation Agreement to acquire approximately an 80% stake in marketplace MyDeal.com.au. Woolworths’ offer values MyDeal.com.au at AU$243m. Woolworths said if completed, the remaining 20% stake in the business would continue to be held by MyDeal’s founder and chief executive, Sean Senvirtne, and other key management shareholders. Acquisition would enhan...

As Woolworths Australia partners with InvertiGro for an in-store vertical farm and with Iberdrola for renewable energy, we round up three developments from the retailer. Woolworths Metro and InvertiGro partner for in-store vertical farm Through a partnership with Sydney-based AgTech InvertiGro, Woolworths Metro will add an in-store vertical farm at Metro Park Sydney Village. The solution wi...

Woolworths Group’s payment business Wpay has launched a digital wallet, which it is making available through its Everyday Rewards app. Woolworths looking to speed up the checkout process… To use the solution shoppers will scan a QR code at the beginning of their shop, rather than having to scan their Everyday Rewards card and select a payment method at the end of the transaction, as they do...

Despite the impact of omicron and flooding across Australia, Woolworths has reported sales growth of 9.7% to AU$15,123m for the 13 weeks ending 3 April 2022. The retailer is outpacing Coles in Australia, but what else do the results tell us… Australian Food sales up 5.4% to AU$11,432m Although time periods are not directly comparable, growth of 5.4% compares to that of 4.2% reported by Cole...

Despite a quarter of significant disruption Coles has continued to see sales climb in Q3 of its latest financial year, up 3.6% to AU$9,295m. So what can we learn from the latest period? 1. Sales and inflation up, but costs up too...  Q3 was shaped by three disrupting factors; the Omicron variant of COVID-19, floods across South Australia, NSW and Queensland and subsequent knock-on supply ch...

Australia is learning to live with the pandemic; lockdowns are easing and borders are reopening. While this is good news, there will continue to be significant impact on retail operations in 2022. Addressing these challenges and responding to shopper behaviours that either stick or revert to those pre-pandemic will be an ongoing focus for retailers. At the same time retailers will continue to ...