Retail Archives

Woolworths Urges ACCC Supermarket Inquiry To Focus On Retail Industry Facts

Woolworths has urged the competition regulator to undertake a “data-driven, fact-based” investigation into the supermarket industry. This call comes amid a political uproar filled with accusations of price gouging, abuse of market power, and even threats of jail for the Woolworths CEO during a Senate inquiry led by the Greens. In its submission to the […]

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Coles Experiences Decline in Profits Despite Increase in Sales

News / Kath Chan

In a recent announcement, Coles’ CEO Leah Weckert has revealed exciting news for savvy shoppers on a budget. She predicts more discounts and special offers to come at Coles, as the company’s research indicates that many customers are feeling the pinch, especially with mortgage repayments. Despite Coles Group reporting an 8.4% drop in net profit

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Metcash’s IGA Reports Robust Sales Amidst Challenges

News / Dan Armes

Metcash, the owner of IGA, has reported that sales in all areas of its retail business remain robust and that it is actively addressing the challenges of increased costs. In the period ending on April 30, the company’s overall revenue increased by 6.2 percent to reach $15.8 billion, while its underlying tax-paid profit rose by

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Investors splash out $75m on supermarket retail

News / Dan Armes

A private investor and Adelaide fund manager Parkstone have splashed out $75 million on neighbourhood malls and freestanding supermarkets on the east coast as a deep pool of buyers seeks exposure to the non-discretionary retail property sector. Leading the charge, the Hansen family, founders of ASX-listed Hansen Technologies, has cashed in on this appetite selling

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5 Tips for Keeping Your Best Employees

News / Dan Armes

As small business owners, we all know that finding good employees who are the right fit for your supermarket is important. When business owners do find a great team of workers, who are reliable, competent, and deliver great results, hanging onto those employees should be a top priority. If you’ve found a group of great

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Brothers boost IGA business more than a third in Brisbane riverfront site

News / Dan Armes

Two brothers are boosting their seven-year-old IGA supermarket business by more than one third as part of a major expansion plan of the Brisbane riverfront retail destination Portside Wharf. Robin and Ramsay Zeneldin are increasing the store footprint to 1036sqm, adding a brand new café, cheese bar and health food section, and expanding the meat,

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Retail

Woolworths Urges ACCC Supermarket Inquiry To Focus On Retail Industry Facts

Coles Experiences Decline in Profits Despite Increase in Sales

Metcash’s IGA Reports Robust Sales Amidst Challenges

Investors splash out $75m on supermarket retail

5 Tips for Keeping Your Best Employees

Brothers boost IGA business more than a third in Brisbane riverfront site

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