One-quarter of the Australian population aged over 14 years (some 4.9 million people) drink bottled water in an average seven days (steady since 2010), the latest findings from Roy Morgan Research reveal. It seems that people who drink bottled water have a greater taste for other non-alcoholic beverages as well. Compared to folks who don’t […]
The endless thirst of Australia’s bottled water drinkers Read More »
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
Caltex completes restructure, reports solid c store, fuel sales Read More »
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
Coles refunds almost $10 million to suppliers Read More »
BP Australia to spend $450 million over the next few years in expansion of its 1400 sites around the country.
BP rolls out $450m new store, refurbishment program Read More »
Australian convenience stores have done it again. For the third year running, the convenience channel outpaced the growth of the grocery channel over the course of 2014, recording sales growth of 4.5% compared to the 2.6% recorded by the country’s major grocers. The figures were unveiled today with the launch of the annual State of
Convenience industry continues to outpace the majors Read More »
The Colgate-Palmolive Company has reported worldwide net sales of $US4.070 billion for first quarter 2015 led by market share gains in toothpaste and toothbrushes. Sales fell 6.0% versus first quarter 2014 against a foreign exchange negative of 10.0%, while global unit volumes grew 1.5% and pricing increased 2.5%. Organic sales grew 4.0%. Net profit for
Colgate posts higher profit, sales volumes Read More »
Woolworths will cut a further 400 non-customer facing roles as it seeks to maintain and improve its position as Australia’s leading retailer. While Woolworths says its value position at its most competitive level since January 2014, its three year growth strategy outlined earlier this week, is based on a new ‘Lean Retail’ operating model which
Woolworths cuts 400 more staff, seeks savings of $500 million plus Read More »
Australian Petroleum Industry Contractors and Suppliers Association merge with the Australasian Convenience and Petroleum Marketers Association to further petroleum equipment and services businesses interests.
APICSA and ACAPMA merge Read More »
The Federal Government’s Competition Policy Review Panel has made recommendations such as removing regulations governing retail trading hours and parallel imports, and that an ‘effects test’ in Section 46 of the competition law, “should direct the court to weigh the pro-competitive and anti-competitive impact of the conduct.” However, Coles and Woolworths lined up against a
Competition Policy Review: retailer groups question ‘effects’ test Read More »
New Zealand retail spending in March rose by a solid 0.8%, with sales up 1.1% seasonally adjusted on February 2015, led by consumables with food and drink sales up 0.8% or $13 million. Economists said that retail spending in March was boosted by cheaper petrol, lower fixed interest rates, stronger tourism numbers and the migration
NZ retailers enjoy March retail sales rebound Read More »
A large majority of Australians have a positive perception about what it’s like to work for companies within the fast moving consumer goods (FMCG) sector, with companies such as Nestle, Coca-Cola Amatil and Mondelez, which incorporates Cadbury, Vegemite and Philadelphia, nominated among Australia’s Most Attractive Employers. Forty-one percent of the 12,000 Australians surveyed in the
FMCG second most attractive industry to work in Read More »
With some US convenience industry analysts predicting the sale of e-cigarettes will soon surpass traditional cigarette sales, the Australasian Association of Convenience Stores (AACS) has called on the Government to take action and make e-cigarettes more readily available for responsible sale – so that those looking to quit smoking have this option. According to research
e Cigarettes could be worth $10 billion by 2018: US report Read More »
Coca Cola is undisputed leader in the Australian and New Zealand markets according to latest findings from Roy Morgan Research and Cola beverages feature heavily among the most popular soft drinks in each country. In Australia no less than four of the five most popular soft drinks are cola flavoured, and three of those are
Coca Cola continues to lead soft drink markets Read More »
