Australasia news & analysis

17 February 2021
Coles has posted sales growth of 8.1% to AU$20,378m for the first half of its FY21, with EBIT also increasing 12.1% to AU$1,020m. Supermarkets sales up 7.3% to AU$17,800m Supermarket LFL growth was reported at 7.2% for the half and despite ongoing challenges to deal with the pandemic, customer satisfaction scores reached record highs. Growth did slow in Q2, but remained strong (Q2 LFL growt...
12 February 2021
Coles has rolled out a 90-minute click & collect service to over 400 stores, called Click&Collect Rapid. New service available throughout the afternoon Shoppers can now order online and pick up their shopping in just an hour and a half. The service also offers an extended range to that available via standard click & collect, such as hot roast chickens. Orders are capped at 40 items and must...
11 February 2021
Woolworths has announced that it will invest more than AU$50m over the next three years in training its teams to have the skills and capabilities they will need for the future. Preparing its team for the future of retail The investment, called the Future of Work Fund, will look to 'upskill, reskill and redeploy' its team members in the face of industry change and technological advances. Are...
25 January 2021
The discount retailer opened its first two stores 20 years ago today in Sydney and today it has over 560 stores trading across the country.  Part of the Australian grocery fabric When Aldi brought its highly differentiated operating model to Australia on 25 January 2001, many could not have predicted the success that the retailer would have over the next 20 years. Rising to become Australia...
21 January 2021
Amongst all modern retail channels, the impact of COVID-19 from a global perspective, has varied the most in convenience. The channel, however, continues to offer a massive opportunity for retailers and suppliers globally, benefiting from longer term consumption trends such as smaller households and more consumers shopping locally. With this in mind, we have identified five themes that we expect ...
13 January 2021
During 2020, food-to-go retailers and specialists alike had to rethink every element of their food-to-go offering to adapt to the changes in consumer behaviour brought about by the COVID-19 pandemic. This has led to a period of intense innovation as businesses seek to develop propositions that can survive the short-term unpredictability of changing restrictions and win in the long term as th...
07 January 2021
Coles has started the new year by announcing that it plans to cut the prices of over 200 products over the coming three months. Reductions of everyday items  The price cuts are expected to be implemented across various categories, with initial products to see reductions including ice cream, convenience items, deli products, drinks and pet food. Some products will see prices dropped as much ...
15 December 2020
Metcash has reported H1 results for the period ending 31 October 2020 with sales revenue up 12.3% to AU$8,094m including charge-through sales and growth in sales volume across all pillars. Food sales up 9.5% to AU$4,795.9m Strong growth was achieved despite the loss of supply agreements to Drakes in South Australia in September 2019 and 7-Eleven in August 2020. Excluding these impacts, sale...
04 November 2020
Woolworths has reported strong growth in Q1 FY21, with group sales up 12.3% to AU$17,853m. Australian Food up 12.9% to AU$12,033m                Australian Food sales continued to soar, boosted by COVID-19 and the retailer’s Ooshies collectables marketing campaign. Both stores and online played their part, with LFL sales up 11.5% and online sales growing 100% to $961m. Online penetration hi...
28 October 2020
The retailer’s sales hit AU$9,607m in the first quarter of FY21, with significant online growth and changes to its digital marketing capability a highlight. Supermarket sales up 9.8% to AU$8,464m Supermarket LFL sales grew 9.7% with the results skewed by the varying degrees of COVID-19 restrictions across the country. Growth was highest in Victoria, and to a lesser extent in New South Wales...