Author name: Warren Beaumont

Nationals back ombudsman for Grocery Code of Conduct as Coles, Woolworths slow to sign

Leave a Comment / Business matters, General/grocery, Retailer news /

The federal government’s Food and Grocery Code of Conduct was debated in a Senate inquiry in May, two years after it was first proposed. Now National Party Senators have called for an ombudsman to be appointed as a Senate report urged Coles and Woolworths to immediately sign on to the Code. Queensland Nationals Senator Matt […]

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Campbell’s sales fall on cost cuts & repositioning, but Arnott’s performs

Leave a Comment / Business matters, General/grocery /

The Campbell Soup Company has posted a sales fall of 4% to US$1.9 billion, primarily due to negative currency impact, while on an organic basis, sales decreased 1% on lower volume, partly offset by lower promotional spending and higher selling prices. Satisfactory results were seen in the Arnott’s business in Australia and Indonesia. Denise Morrison, Campbell’s

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E cigs show potential to cut smoking, draconian laws no solution: AACS

Leave a Comment / Business matters, Tobacco /

With the NSW Cancer Council claiming that a rapidly expanding e-cigarette industry is unregulated, CEO of the Australasian Association of Convenience Stores (AACS) Jeff Rogut said the sale of legal e-cigarettes is one of a range of solutions Government should be investigating as having the potential to reduce the incidence of smoking. “With the NSW

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No fuel cartel conduct in Armidale says ACCC, Launceston study announced

298 Comments / Business matters, Petrol /

The Australian Competition and Consumer Commission (ACCC) has concluded an investigation into alleged anti-competitive conduct by fuel retailers in the NSW Northern Tablelands city of Armidale and not found evidence of cartel conduct during the course of the investigation. This followed concerns raised late last year regarding high petrol prices. The regulator said that fuel prices

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Bega lowers profit forecast, outlook good for local products

1,739 Comments / Supplier news /

Following a review of forecast full year earnings, Bega Cheese has revised its full year earnings forecast downward from the previously announced range of $25-$28 million, to $21-$24 million, impacted by returns from skim milk powder. “The lower than forecast result for FY15 reflects the impact of a weaker than expected recovery in global dairy

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BATA may launch MYO tobacco brand to tackle illegal ‘chop chop’

Leave a Comment / Tobacco /

With media reports of a growing black market for cheap and illegal tobacco, such as $8-$10 packets of cigarettes, British American Tobacco Australia (BATA) is considering launching a Make Your Own (MYO) cigarette brand to try and capture the growing number of illegal ‘chop chop’ smokers. BATA spokesperson Scott McIntyre said ‘chop chop’ or illegal

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Steady sales for food retailing backed by interest rate cut

269 Comments / Business matters /

The latest ABS Retail Trade figures show that Australian retail turnover rose 0.3% in March following a rise of 0.7% in February 2015, seasonally adjusted, while food retailing at 0.4% growth was a modest rise reflecting flat growth for the March quarter. At current prices, the trend estimate for Australian retail turnover rose 0.3% in

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Caltex completes restructure, reports solid c store, fuel sales

Leave a Comment / Business matters, Petrol /

Caltex Australia welcomed new shareholders to its AGM last week, following the successful sell down by Chevron of its 50% shareholding in the company in March, while reporting solid sales in convenience stores and across Vortex fuels. Caltex recorded an after tax profit for the 2014 full year of $493 million on a replacement cost

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Coles refunds almost $10 million to suppliers

552 Comments / Business matters, Other FMCG Retailers, Supplier news /

Coles supermarkets has refunded close to $10 million to suppliers as part of a dispute resolution process. The refunds follow a Federal Court finding in December 2014 that Coles demanded payments from suppliers to which it was not entitled by threatening harm to the suppliers that did not comply with the demand and withheld money

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Cereals, Pringles & Snacks improve as Kellogg posts negative sales

1,054 Comments / General/grocery, Snacks /

Kellogg Company has announced a first quarter 2015 reported net sales decrease of 5.0% to $3.6 billion, primarily due to the effect of currency translation, however Pringles posted solid sales, Snacks improved, and better trends were seen in Cereals, which makes up about 25% of worldwide sales. Currency-neutral comparable net sales decreased by 0.3% over

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Big Insight Not Big Data at POPAI Professional Development Breakfast

Leave a Comment / Events /

POPAI, the global association for marketing at retail, will present the second in its Professional Development Series for 2015 at St Leonards, Sydney on 10 June, called Big Insight Not Big Data. Sue Temple, general manager loyalty, Woolworths Group will share examples of the increasing use of data and insights at Woolworths as part of

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