As your supermarket continues to evolve and grow, there may come a time when restructuring is necessary. This could be due to a variety of reasons such as a change in legal structure, an ownership change, or a need for a change in operation and organisation. One reason for restructuring your business is a shift […]
Restructuring Your Supermarket: Reasons and Considerations Read More »
Scott’s Refrigerated Logistics, one of Australia’s largest trucking companies, has gone into receivership, putting 1,500 jobs at risk and jeopardising the delivery of food supplies to major supermarkets, including Woolworths, Coles, IGA and Aldi. The company has engaged in high-level talks with grocery executives about its collapse. Its trucks will keep delivering food to supermarkets
Supermarkets at Risk as Scott’s Refrigerated Logistics Enters Receivership Read More »
Woolworths, one of Australia’s largest supermarket chains, has announced profits of $907 million in its half-yearly results. This comes amid rising inflation and a significant increase in grocery prices for customers. Woolworths CEO Brad Banducci attributed the positive results to improving the customer shopping experience, restoring operating rhythm, and a reduction in COVID costs compared
Woolworths’ $907 Million Profits Despite Rising Grocery Prices and Inflation Read More »
Woolworths CEO Brad Banducci has recently reported that the company’s December half results represent a return to something approaching normality after three years of pandemic-related profit fluctuations. However, customers are once again choosing to eat at home, which was a popular trend during the pandemic. Banducci refers to this trend as “trading in,” where customers
Woolworths customers trade in to affordable luxury amid inflation Read More »
According to Price Waterhouse Coopers (PwC) data, IGA supermarkets contribute over $8.2 billion to the Australian economy annually. With a network of more than 1400 independent family-owned supermarkets, IGA and Foodland IGA retailers are committed to supporting local communities throughout Australia. The PwC study revealed that IGA and Foodland IGA are major employers, providing jobs
IGA Supermarkets: Driving Local Economies and Creating Jobs in Australia Read More »
Questions have been raised regarding the promotion of a soft plastic recycling program by Coles and Woolworths, despite its collapse last year. Both retailers still inform customers through plastic packaging for various products that they can return soft plastics to stores for recycling. However, a recent photo uploaded by a shopper on social media shows
Coles and Woolworths criticised for promoting defunct recycling program Read More »
Coles’ development arm has achieved a new record in Queensland with the sale of its Toowoomba supermarket and liquor outlet for $27.4m. This sale to a Victorian private investor sets a fresh benchmark in price for non-metro supermarket sales in the state, and provides further evidence that small malls and retail properties are retaining their
Coles sets $27.4m record with Toowoomba supermarket sale Read More »
Leah Weckert, a former McKinsey consultant and Foster’s beer executive, has been appointed as the new CEO of Coles, Australia’s second-largest supermarket chain. Weckert will be the first woman to lead Coles in its 109-year history, and her appointment raises the number of women leading top-20 ASX companies to five. She will take over from
Leah Weckert Becomes Coles’ First Female CEO in its 109-Year History Read More »
Illegal phoenixing is a practice where a business shuts down to avoid paying its debts and then reopens under a new name, operating as if nothing has happened. This article highlights the impact of this practice on lawful supermarkets and how it creates an uneven playing field, giving an unfair advantage to those engaging in
Be on the Lookout for the Illegal Phoenix Read More »
If your supermarket lacks organisation and your employees lack independence, implementing a set of standard operating procedures (SOPs) can be the solution to your problems. SOPs provide written instructions that describe how to perform a task or activity that is done frequently. These instructions should be precise and clear enough for anyone to follow. Here
7 Reasons Why Your Supermarket Needs Standard Operating Procedures (SOPs) Read More »
Supermarket giant Woolworths has expanded the use of technology that films customers scanning items at self-serve check-outs. Supermarket giant Woolworths has expanded the use of technology that films customers scanning items at self-serve check-outs. The trial by Woolworths initially began in Seven Hills, in Sydney’s west, in 2022 but has now been expanded to 250
Woolies Artificial Intelligence expansion continues as shoppers slam the technology Read More »
A popular supermarket has announced a “history-making move” that will separate it from other supermarkets in the country. Harris Farm Markets has eliminated artificial colours from all products sold in its stores. The “history-making move” has been five years in the making and will set the supermarket apart from its competitors. The ban kicks in
‘History-making move’: Big change at Harris Farm Read More »
IGA has unveiled its newest campaign via The Core Agency, whereby 100 people per day could win back the cost of their groceries. The campaign shows frontman and comedian Shane Jacobson standing beside 100 full shopping trolleys, to illustrate the daily opportunities IGA customers have to win. Across the month of February, IGA shoppers can
Win back the cost of groceries: IGA’s new campaign via The Core Agency Read More »
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