Author name: Warren Beaumont

Bread prices to fall as Goodman Fielder reaches agreement with supermarkets

Independent convenience stores and supermarkets will be checking to ensure that their bread pricing is competitive after bread manufacturer, Goodman Fielder, said it will move to everyday low pricing (ELP) through Coles and Woolworths. The move to ELP (instead of the more common high/low pricing model) and the implementation of a new Goodman Fielder bread […]

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Dairy trends show impact of discounting

Bega Cheese Limited announced its Half Year Result for 2015 this week and remains very positive about the outlook for dairy – and its cheese business in particular – despite experiencing short term challenges, in part due to lower milk prices. Bega Cheese said that while first half earnings (EBITDA) of $31.3 million was lower

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Retailers call for government to get on with the job

Retailer and small business industry associations have called on the Australian government to focus on the job of running the economy, as the Australian Retailers Association (ARA) said that retailers are hopeful that the interest rate cut will assist in boosting consumer confidence. However, the National Retail Association said that the government and opposition have

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Iconic Australian juice brand Nudie sold for $80 million

Nudie’s chief executive James Ajaka last week confirmed the company’s sale to Philippines-based food company Monde Nissin Corporationfor around $80 million. “Monde Nissin are a group of people that share very similar values to us and have the resources required to take our much loved Nudie to the next level both in Australia and also

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Channel diversification the key to private label led price spiral

Channel diversification into petrol and convenience stores and unique product attributes linked to strong brands are ways for suppliers to maintain profits in the downward price spiral of a private label world, said Dr David McKinna of McKinna et al Strategic Insights. Dr McKinna said that private label (PL) now offers real value, being a

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Dairy industry push for milk drinks health claims labelling

The dairy industry is pushing for milk and milk-based beverages to be added to health claim labelling rules to combat a proposal to ease health claim labelling for electrolyte sports drinks (special purpose foods) such as Gatorade and Powerade. The move would allow milk drinks to be labelled and promoted in convenience stores for rehydration

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Supermarket price wars, labour costs close Dairy Bell ice cream

Small Melbourne-based ice cream maker Dairy Bell Ice Cream will close its Melbourne and Sydney factories on 27 February after 44 years of manufacturing ice cream in Australia and selling into independents such as convenience and grocery stores. The manufacturer of mainly take home ice cream cited the supermarket “ice cream wars” as a major

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Industry sees high costs, job threats in NSW drinks deposit scheme

An alliance of industry associations are concerned over the high costs and threat to jobs of a New South Wales drinks container deposit scheme (CDS) that could impact on drink sales through convenience stores. The government invited industry players to participate in discussions over the introduction of a CDS. However, it is not known if

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Business groups call for action on online GST loophole

Despite Australian retailers employing more than 10% of the workforce and providing more jobs than any other sector, they are losing $4 billion a year to overseas retailers, with business groups united in their call for the $1,000 GST threshold loophole on overseas online sales to be removed. The Australian Retailers Association (ARA) welcomed support

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Liquor stores penalised as NSW Christmas trade goes 24/7

While eligible retailers in New South Wales were allowed to trade 24-hours-a-day in the two weeks before Christmas from December 11, packaged liquor stores outside hotels are not allowed to trade as an exempt retailer on restricted trading days such as Boxing Day, denying customers the convenience of shopping at local liquor stores. Over 1,000

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Call to legalise e-cigarettes to stop unregulated online buying

A Western Australian law academic has supported the legalisation and regulation of e-cigarettes to prevent the uncontrolled importing of the devices and nicotine liquid through online purchases. In research published in the Journal of Law and Medicine, Notre Dame school of law lecturer Marilyn Krawitz said that the current approach is leading to poor quality

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