Metcash

metcash superior food group

Metcash in Talks to Acquire Superior Food Group

Metcash, a prominent player in the Australian retail landscape, has made a resounding move that reverberated through the business world. The conglomerate, renowned for owning supermarket giants such as IGA and Foodland, alongside convenience champion Campbells/C-Store, has entered a trading halt. This dramatic pause in its financial activities comes as the company confirms its engagement […]

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metcash IGA

IGA Targets Top Spot in Australian Supermarkets

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

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Metcash Sees Profit Boost and Shift to Independent Stores Pre-Christmas

In the period leading up to Christmas, food and grocery prices have shown signs of stabilisation, with customers increasingly filling their carts with items from independent stores like IGA and Foodland. This trend was highlighted by Doug Jones, CEO of Metcash, a company overseeing supermarket, food, liquor, and hardware supply. Jones noted that Metcash’s independent

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Metcash Faces Pressure to Raise Margins Amid Rising Costs for Independent Supermarkets

Independent supermarkets, including major names like IGA, Foodland, and Romeo’s, are urging their primary wholesaler, Metcash, to allow for increased margins. The request comes in the backdrop of these chains grappling with the increasing costs of rent, energy, and wages. Despite their efforts to stay competitive with large players like Woolworths and Coles, these chains

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Metcash Sales Up Amid Cost Pressures, Tobacco Concerns

Metcash, a prominent wholesale distributor, is experiencing a growth in sales bolstered by its food, alcohol, and hardware sectors. However, the company also highlights a shift in consumer behavior due to financial pressures, resulting in increased preference for affordable products. CEO Doug Jones informed the AFR Weekend that another concern is the rise in illicit

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Metcash

Metcash Evaluates Costs and Structure of Leading Supermarket Division

Metcash, a prominent wholesaler with a vast network of supermarkets, liquor, and hardware retail outlets, has initiated a review of its chief supermarket division. This move arises due to the growing competition in the food and grocery sector, with the company looking to reduce costs, potentially leading to layoffs at its headquarters. To facilitate the

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frozen foods

Consumer Shift to Value and Frozen Foods: Metcash CEO

Metcash CEO Doug Jones has observed a shift in consumer behaviour as shoppers prioritise value, opting for private label groceries and transitioning from fresh to frozen foods. The food, liquor, and hardware wholesaler is grappling with high inflation and a series of interest rate hikes.  Independent supermarkets aligned with Metcash, such as IGA, Foodland, and

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Metcash

Metcash Implements Changes in Supplier Payments

Metcash is attributing changes in supplier payments to the impact of rising interest rates and customer demands for extended discounts. The company, which is Australia’s largest food and grocery wholesaler for independent supermarkets, has given a five-month notice to suppliers, requesting faster payment processing. During a recent supplier conference, Metcash CEO Doug Jones urged supermarket

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Metcash Boss: Consumers Shifting to Private Label and Frozen Foods

Metcash, one of Australia’s leading wholesale distribution and marketing companies, has undergone a change in leadership, with Grant Ramage appointed as the new chief executive of their supermarket division. As he oversees as many as 1600 independent supermarkets across the country, Ramage has noticed a shift in consumer behaviour since the start of the year,

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Metcash

Metcash says it is closing the price gap with majors, Coles and Woolworths

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,

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food retailers

Food retailers need to tread carefully as prices soar

Major chains need to balance the needs of all stakeholders – consumers, suppliers and shareholders – to avoid greater scrutiny. Australia’s major supermarket chains are engaged in a delicate balancing act as food prices rise at the fastest pace in decades, adding to pressure on household budgets. Coles, Woolworths, Aldi and wholesaler Metcash face a backlash from

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