Australia news

26 January 2023
MyDeal marketplace, acquired by Woolworths Group six months ago, has been integrated into Woolworth’s loyalty scheme. Getting more for loyalty Everyday Rewards has over 13m Australian shoppers using the free card to access the loyalty programme. They earn one point per AU$1 spent at a variety of retailers. At Woolworths and BIG W, Every Rewards members enjoy a AU$10 (US$7.20) discount on a ...
20 January 2023
Woolworths has decided to close 250 of its 300 in-store butchers. Move to more convenient options Butchers account for just 4% of meat sales as shoppers prefer more convenient pre-packed options. The majority of stores will soon only offer pre-packaged meat products, following a deline in demand for in-store butchers. In the stores where both butchers and pre-packaged meat options are avail...
19 January 2023
Cartology, Woolworths’ standalone retail media business, is adding a new network of digital screens across Woolworths Metro stores. Reaching more shoppers With the new additional screen, brands will reach Metro shoppers across 90 physical stores in the city and neighbourhood environments. Woolworths Metro stores offer a localised shopping experiences for shoppers across CBD and highly traff...
17 January 2023
Coles has opened a refreshed store in Southland, Melbourne's bayside suburb of Cheltenham. The new store showcases the latest technology and digital integrations across the store's grocery and fresh produce. The retailer has also announced dropped prices for more products to help shoppers until after Easter. Coles Southland new look store Coles Southland store features the supermarkets larg...
19 December 2022
Woolworths Group Ltd will acquire a 55% stake in Petspiration Group with funds from a 5.5% stake sale in alcohol retailer Endeavour Group. Reducing stake in Endeavour Group Woolworths spun off Endeavour Group in mid-2021, retaining just 9.1% of the business. The decision to reduce its stake came shortly before it announced its intention to buy the pets business.   New avenues of growth ...
07 December 2022
Metcash has reported strong half year results for FY23 with revenue up 8.2% to AUD7.7 bn (US$5.2 bn) and EBIT up 10.9% to AUD231m (US$155m) while cycling the impact of extensive lockdowns. We highllight the key learnings and assess the outlook for H2: 1. Food pillar performing well, underpinned by strong demand Food sales increased 3.1% to AUD4.7 bn (US$3.2 bn). On a three-year basis, food ...
05 December 2022
Woolworths' Metro60 service will offer a Santa and a photographer with groceries delivery for a limited period. How does it work? The service is available in limited suburbs in Sydney and Melbourne this week Shoppers need to spend a minimum delivery order of AUD20 (US$14) and opt in by using a promo code SANTA A photographer, a Santa and their groceries will be deliv...
23 November 2022
Coles Group has shaved 30 minutes off its click and collect boot delivery service at its Southland store in Victoria. Largest collection point  The store at Southland, Victoria will have the widest range of items and click and collect ready in 60 minutes. The range for this service is extended to 20,000 products, including items like hot roast chicken. New technologies, such as digital scal...
17 November 2022
British food delivery service Deliveroo has closed its Australian business, due to challenging economic conditions. The company announced the closure on Wednesday 16 November and said the decision was effective immediately, with the company website and app disconnected immediately. Source: Deliveroo Is the quick commerce model starting to show signs of strain? Chief operating of...
03 November 2022
Woolworths Group Q1 F23 sales is up 1.2% to AUD16,583m (US$10,549m) but food businesses sales are below the prior year. Australian Food sales declined despite higher prices Australian Food is down 0.5% to AUD12,204m (US$7,763m) while like-for-like sales declined by 1.1%. Average prices increased 7.3% compared to Q1 F22. There is a double-digit inflation in fruit and vegetables driven by inc...