Author name: Warren Beaumont

NSW Newsagents win shopfit subsidy, but fears over Tatts agreement

New South Wales newsagents will benefit from the $15 million announced in the NSW Budget on June 23 for lottery agents for approved shop fits, but still have to negotiate a new franchise agreement with Tatts that could see them pay up to $25,000-$35,000 for compulsory fit outs. In the NSW Budget, more than $2.3 billion

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More small CBD stores, discount supermarkets predicted

More smaller supermarkets and convenience stores are set to appear in Australian CBDs and cities, while the Australian supermarket landscape is set to evolve to accommodate the entry and aggressive expansion of discount grocery retailers, according to commercial real estate services and investment firm CBRE. Areas of opportunity for convenience stores are apartment developments across

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Beverage firms lodge bid for A2 Milk   

The a2 Milk Company has received an expression of interest for a potential acquisition of all of 2MC’s shares from two associated trade parties rumoured to include Freedom Foods and a leading international liquid dairy milk company. According to media reports, a consortium has lodged a non-binding and conditional bid with a view to undertaking

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Proposed sale of Supabarn to Coles could decimate independent grocers

If the competition regulator approves the sale of independent supermarket chain Supabarn’s supermarkets in Canberra/ACT and Sydney to supermarket chain Coles, allowing Coles to almost catch up with Woolworths in Canberra, it would decimate the remaining, mainly Metcash-supplied independent grocers in a market that already has Australia’s greatest floor space for supermarkets per capita. In

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Metcash announces $384m loss, but stronger convenience, IGA sales

  Wholesaler to IGA and independent supermarkets and convenience stores Metcash Limited announced its full year 2015 results with group sales revenue up 1.7% to $13.6 billion, against a net loss after tax of $384.2m, while a new IGA advertising campaign aims to win back grocery shoppers and promote the Price Match initiative. Significant items

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Market grows for packaged speciality, herbal/fruit teas

Essential for any convenience or grocery store are a good range of packaged teas, with Roy Morgan Research finding that the proportion of Australians 14+ buying tea of any kind in an average four-week period was 42%, only slightly lower than the 45% who buy coffee. Regular tea is by far the most popular type,

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Aldi jumps Woolworths to sign Grocery Code of Conduct

Aldi is the first major supermarket group to sign and implement the Food and Grocery Code of Conduct, after it announced the initiative on June 15, beating competitor Woolworths, which revealed last week it was signing up to the Code. An Aldi spokesperson said it has always supported the concept of a strong and sustainable Australian

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Grocery market set for shake up as Lidl weighs Australia entry

Germany and Europe’s other major discount grocer Lidl could emerge as a significant threat to Australian food retailers in 5-10 years with media reports indicating that Lidl has contacted logistics providers to create a network of distribution centres and links to transport merchandise around the country. Owned privately by the Schwarz Group, Lidl (along with

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