In a deal backed by billionaire investor Warren Buffett and Brazil’s 3G Capital, H.J. Heinz Company and Kraft Foods Group have signed a merger agreement. This would see the formation of The Kraft Heinz Company, which, according to a recent statement from the H.J. Heinz Company, would be the third largest food and beverage company […]
Heinz & Kraft’s giant merger may a ACCC scrutiny Read More »
Puma Energy set for expansion of petrol and convenience retail sites after announcing record global sales.
Puma Energy to double petrol and convenience sites Read More »
Food and beverage was the fastest growing category in the top 10 online retail categories and saw a huge proportional increase in online shoppers in 2014, according to the latest data from Roy Morgan Research, which may offer opportunities for grocery and convenience retailers. In 2011, 568,000 Australians bought one or more products from the
Food and beverages top online growth categories Read More »
Australia’s manufacturers expect that general business conditions in the next six months will be better than the previous half-year, the latest Australian Chamber of Commerce and Industry-Westpac Survey of Industrial Trends has found. The ACCCI-Westpac Survey results come as almost a quarter of Australian SMEs intend to give employees a pay rise in 2015, despite
Manufacturers expect improved conditions, says ACCI Westpac survey Read More »
The West Australian government has extended retail trading hours for general retail shops in the Perth metropolitan area for the Easter Monday and Anzac Day public holiday. However, this latest trading hour’s extension is expected to put more pressure on smaller stores such as convenience stores. The move comes as the WA Chamber of Commerce
WA extended trading hours to impact, but SA penalty rate relief Read More »
According to consumer group Choice, the Australian gift card industry is big business, with over $2.5 billion dollars worth of cards purchased a year. Of those sales, Choice estimates that up to 30% of gift cards and vouchers expire before they can be used. Brisbane entrepreneur Tim Kelly has designed an app to ensure expired
As gift cards raise in popularity, new app assists consumers Read More »
The Commonwealth Government has made a commitment to give Australian small businesses a ‘fair go’ by extending the unfair contract protections currently available to consumers to cover the small business sector, expected to be welcomed by smaller suppliers and retailers, including convenience stores. The move follows an earlier announcement on draft legislation to establish an
Push to give small business unfair contract protection Read More »
Despite declining soft drink consumption in other age categories, the latest figures from Roy Morgan Research show that consumption of Coca-Cola branded (and other) soft drinks increased year-on-year among a key segment, under-25 Australians. The research comes as energy drinks increase their share of the market, several weeks after Coca-Cola Amatil posted disappointing full year
Young Australians boost soft drink, Coca-Cola consumption Read More »
Almost 3.2 million Australians (14+) eat a packaged dairy dessert such as a custard, mousse, chocolate pudding, creamy rice or fruity whip in an average four weeks, but maybe not necessarily for dessert, Roy Morgan Research said. According to a Dairy Australia’s 2014 focus report, dairy desserts are a low volume/high value dairy category with
Dairy desserts consumption falls, better brand differentiation needed Read More »
Coles supermarket chief John Durkan has confirmed that the supermarket major remains committed to its low price Down Down Every Day price strategy with prices to drop generally under a new Deeper Down campaign, instead of in several categories such as milk and bread. The move is an ominous warning for suppliers and independent grocery
Coles ups Down Down price war, fallout to hit suppliers, independents Read More »
The Government has released exposure draft legislation to establish an Australian Small Business and Family Enterprise Ombudsman that will ensure that disputes brought forward will be impartially resolved according to the facts. The establishment of the Ombudsman’s office was welcomed by the CEO of the National Retail Association, Trevor Evans. The Ombudsman will also act
Dispute resolution role welcomed for new Family Enterprise Ombudsman Read More »
Lion Dairy & Drinks has agreed to sell its major cheese brands to Warrnambool Cheese and Butter Factory Company Holdings Limited (WCB) for $137.5 million. According to Lion Dairy & Drinks managing director Peter West, the company aims to invest more in its milk-based beverages, specialty cheese and yoghurt brands such as Dare iced coffee
WCB takes big bite of Lion Dairy cheese for $138m Read More »
The Australian Government will ensure consumers have access to clear, consistent and easy-to-understand Country of Origin food labelling (CoOL) through changes that will allow for more informed choices, according to a Government working group. But Australian Chamber of Commerce and Industry CEO Kate Carnell said that changing the product labelling rules relating to country of
Government’s food labelling push gains blast from industry chief Read More »
