The Australian convenience industry is now worth $8.8 billion, the AACS’s highly anticipated 2019 State of the Industry Report has found. Released yesterday, the report gives a snapshot of how the industry and Australia’s 6995 stores performed last year. The category driving the most value was Food, which accounted for almost half the industry value […]
AACS 2019 State of the Industry Report Read More »
The Intermedia Group (who publish C&I) has added another service to their portfolio, this week announcing the launch of their Virtual Event Solutions. The increase and importance of virtual events and digital communications has been undeniably significant, even more so with recent pandemic developments across the world. As a leading Australian publishing, event management and
The Intermedia Group launch virtual events solutions Read More »
IRI Australia have painted a dire picture of the economic impact of COVID-19 on the Australian economy. According to their COVID-19: Impact on the Australian FMCG Landscape report, the virus has shaken consumer confidence. The research company said global economic growth was already at a significant low of just 2.1% – the lowest level
IRI Australia’s overview of COVID-19’s impact on FMCG Read More »
COVID-19 has handed Coles and Woolworths a stellar third quarter. The panic buying that left supermarket shelves bare has had an upside for both grocery rivals. Coles saw sales revenue rise 12.9% overall, up by $9.2 billion compared to this time last year. Their grocery sales were particularly positive, with an increase of 13.1% to
Coles, Woolworths record huge Q3 results on back of panic buying Read More »
SPC has another fruit brand under their belt, after acquiring superfood brand PomLife, founded in 2008 by the Australian Pomegranate Growers (APG). SPC will assume ownership of PomLife’s Goulburn Valley based manufacturing processing plant and further expand its operations, with plans to integrate their operations into SPC’s Shepparton plant. APG will continue to own and
SPC acquires PomLife Read More »
New figures released by the Australian Bureau of Statistics prove what we all knew: March was a record breaking month for grocery. Seasonally adjusted, preliminary trade figures show retail turnover rose by 8.2% – the biggest rise ever recorded by the ABS and even higher than pre-GST panic buying in June, 2000, which was a
Record breaking retail figures for March Read More »
Coles and Woolworths have reopened their online delivery and ‘click & collect’ services in another sign panic buying is stabilising. Coles Online reopened for all customers earlier this week, following a temporary suspension enacted in early March for all but their elderly and vulnerable customers through their Coles Online Priority Service (COPS). The service
Coles and Woolworths reopen online delivery, ‘Click&Collect’ service Read More »
Wholesaler Metcash has successfully raised $300 million in capital by selling off 107 million new shares. The shares were placed up for sale yesterday at a discounted price of $2.80, down 7.9% on the $3.04 at the ASX close of trade on Friday, when the sale was announced. The new shares were quickly snapped up
Metcash successfully raise $300 million Read More »
As COVID-19 continues to impact daily life, consumers are increasingly turning towards convenience stores to source essentials. The Australasian Association of Convenience Stores (AACS) CEO Jeff Rogut said consumers were favouring convenience stores for shopping as they were hyper-local, easily accessible and typically less crowded than supermarkets. A recent survey, How shoppers are using convenience stores
COVID-19 pushes consumers to convenience Read More »
Frucor Suntory have announced Darren Fullerton as the new CEO of the Australian and New Zealand business arm. It’s a return to beverage lines for Mr Fullerton, who spent 18 years with PepsiCo, including as CEO of PepsiCo Australia and New Zealand. Frucor Suntory’s brands include V, h2go, Just Juice and Amplify kombucha, among others.
Frucor Suntory appoints new CEO Read More »
The start of 2020 has seen us face unprecedented times with bushfires and now COVID-19, however despite these challenges, Flexikitch are determined to support their customers as they adapt to the ever-changing business environment. After years of owning hospitality businesses, Alex Aldis and Meaghan Montgomery founded Flexikitch in 2013 and decided to create a product
Flexikitch: supporting Australian businesses Read More »
The Federal Government has extended a lifeline to retail businesses struggling under the restrictions and challenges posed by Covid-19. Announcing details of their Commercial Tenancy Code this week, which will need to be legislated and regulated within each state and territory, landlords will be required to talk through lease arrangements with tenants who fit
Government’s SMEs lifelines Read More »
As businesses who are now restricted to take-away only operations make the transition to online orders and digital promotion, for many already stressed operators, building an online presence is an added burden. But Coca-Cola (CCA) freshly launched free online portal could be just the solution they need. The beverage giant have designed a digital and
CCA offer access to free business promotion tools Read More »
