sales Archives - IndiHub

Departing CEO Brad Banducci concedes that Woolworths was “out-traded” by Coles

Woolworths CEO Brad Banducci recently acknowledged that competitor Coles had outperformed his company during the last quarter. Woolworths faced challenges like unpopular promotions, supply chain disruptions, and cautious consumer spending habits, leading to lower-than-expected sales. This widened the gap between Woolworths and Coles and missed analysts’ predictions. Banducci, who will soon step down, leaves behind […]

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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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$27M Apple Variety Set to Hit Supermarket Shelves

News / Dan Armes

Red Rich Fruits, one of Australia’s largest growers, has invested $27 million in the development of a new apple variety called the Cosmic Crisp, with hopes of reversing declining sales in the apple category. The company, which supplies major retailers like Woolworths, Coles, and Aldi, as well as independent IGA stores, has already planted 360,000

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Woolworths Group sees 8% surge in sales

News / Dan Armes

In the March quarter, Woolworths Group reported strong sales growth of 8% to reach $16.34 billion, with the company’s food businesses leading the way. This growth was due in part to improving product availability as supply chains slowly recovered. Woolworths’ Australian Food business, in particular, saw a significant increase in sales of 7.6% to reach

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Customer Service Strategies to Drive Loyalty and Sales

News / Dan Armes

Success in the supermarket industry is related to your ability to interact with customers and satisfy their needs. You must figure out how to optimise your customer service strategy. Review business data and customer analytics to establish where you excel and where your approach needs some work. What you discover will factor into your customer

Customer Service Strategies to Drive Loyalty and Sales Read More »

sales

Departing CEO Brad Banducci concedes that Woolworths was “out-traded” by Coles

Coles Experiences Decline in Profits Despite Increase in Sales

Metcash’s IGA Reports Robust Sales Amidst Challenges

$27M Apple Variety Set to Hit Supermarket Shelves

Woolworths Group sees 8% surge in sales

Customer Service Strategies to Drive Loyalty and Sales

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