Metcash CEO Doug Jones has raised concerns over the hefty penalties proposed under a revised mandatory code of conduct, arguing that these fines won’t necessarily lead to lower prices for consumers seeking value. The federal government has accepted all 11 recommendations from Dr Craig Emerson’s review of the food and grocery code of conduct. This […]
Metcash CEO Questions Heavy Penalties Under New Grocery Code Read More »
Metcash, the operator of IGA supermarkets, is strategising to become Australia’s preferred supermarket by focusing on reducing prices in its smaller and medium-sized stores. This move aims to attract value shoppers and intensify competition with major rivals Woolworths and Coles. Doug Jones, Metcash’s CEO, is determined to change the perception that IGA stores are pricier
IGA Targets Top Spot in Australian Supermarkets Read More »
Metcash CEO, Doug Jones, has acknowledged that independent supermarkets under their umbrella, such as IGA and Foodland, have seen a reduction in market share compared to industry giants Woolworths and Coles. Nevertheless, he emphasized the competitiveness and value offerings of Metcash’s stores. In a discussion with The Weekend Australian prior to Metcash’s annual general meeting,
Metcash Market Share Declines; CEO Jones Stays Positive Read More »
Metcash’s CEO, Doug Jones, has announced that the company is undergoing an extensive analysis of its primary supermarket division to adapt to the evolving retail environment. This may potentially lead to job cuts as the company aims to reduce expenses. Although the primary goal of this review isn’t to reduce positions at the head office,
Metcash Reviews Supermarket Arm; Eyes Potential Job Cuts Read More »
Metcash says it is focusing on closing the price gap between its stores and major competitors Coles and Woolworths as it warns of accelerating food and grocery inflation. The wholesaler, which also operates IGA and Foodland brands, said prices were up 4.9 per cent for the first quarter of a financial year ending April 30,
Metcash says it is closing the price gap with majors, Coles and Woolworths Read More »
Metcash chief executive Doug Jones says the second half of fiscal 2023 has started well, with group sales up 6.2 percent. Mr. Jones said shoppers were still supporting neighbourhood stores, which helped the wholesaler distributor hold its ground against larger supermarket rivals. Metcash CEO Doug Jones said sales momentum has continued early in the second half with
Metcash earnings climb as shoppers stay local Read More »
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