As the economic fall out from the Coronavirus outbreak continues, resulting travel restrictions and drops in global demand for fuel are driving down fuel prices. The Organisation of the Petroleum Exporting Countries (OPEC) price per barrel sat at US$55.51 on Monday, down from $58.94 on January 31. While financial media company Bloomberg reported Citigroup have […]
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The Australasian Association of Convenience Stores (AACS) have backed calls from major retail associations for the Reserve Bank to mandate least-cost routing for merchants. C&I Magazine reported last week that ACAPMA, ARA, COSBOA and MGA had formed the Fairer Merchant Fees Alliance to push for the RBA to reduce merchant fees for ‘tap and go’
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Victoria is set to introduce a cash for recycling scheme, the last state or territory in Australia to have established, or committed to establishing, one. The scheme will encourage people to recycle cans, bottles and other recyclable containers at designated drop off sites, to earn a cash refund. If Victoria follows other states such as
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Your block of Cadbury just got better, thanks to their new sustainable packaging. The world-first design, developed in Cadbury’s Claremont factory in Hobart, is made from 100% sustainably sourced paper, is recyclable and is free from laminates, foil or plastics and features fully sealed flow-wrap packaging. A small run of the blocks has been
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Diary giant Lactalis Australia have announced they will be closing their Pauls factory in Rockhampton, citing a change in local milk supply. Lactalis, who own Pauls, declined to comment on the decision, which affects 47 employees at the factory. However in a statement issued yesterday, they said the factory had not been operating at full
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Australia’s largest convenience and fuel retailer 7-Eleven Australia will auction off 18 sites this month in what’s expected to be a hotly anticipated auction. The east coast sites will be sold off individually through Burgess Rawson on February 25, with auctions in both Sydney and Melbourne. The sites – six in NSW, two in QLD,
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BP Australia have replaced rival Shell as the official fuel supplier for Supercars. The company have signed a three-year deal to supply more than 350,000 litres of their specially formulated E85 blend fuel across the Supercars Championship. All Supercars and Dunlop Super2 Series cars will also feature BP Ultimate branding as part of the deal.
BP Australia replace Shell in Supercars deal Read More »
Australia’s love of milk tea shows no sign of slowing, and now there’s a way to enjoy it without having to queue. Newly launched product 9CHA is aiming to fill the gap for ready-to-drink products in the lucrative market, which Allied Market Research has estimated will be worth US$3.2 billion by 2023. The Australian made
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Personal hygiene sales are rising in line with global panic as the Coronavirus continues to spread. Olympian Products said they have seen a whopping 45% increase in sales of their antiseptic wipes over the last week. They have also reported a spike in surgical face masks. It comes as panicked customers reported chemists across the
Coronavirus fears drive sales Read More »
ALDI have a new tool in the fight to lure the lucrative health conscious shopper. The retail giant have described their Healthy Picks app, launched this week, as granting customers “immediate, easy to understand nutritional information”. Designed in consultation with The George Institute for Global Health and using the same formula as their FoodSwitch app,
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Woolworths has been ranked as Australia’s most valuable retailer. The finding, in Brand Australia’s Australia 100 2019 report, rated the supermarket chain, which it valued at more than $11 billion and up 23% on last year just above rival Coles, which took out the second retailer spot and is valued at more than $10 billion
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In less than three years, a single initiative has saved more than ten million coffee cups from landfill. Formed in 2017, Simply Cups launched with the aim of diverting used paper coffee cups from landfill and up-cycling them into new products. And while making great tracks on their own, it was when they partnered with
7-Eleven make sustainability simple Read More »
Companies caught mining data to manipulate suppliers will be closely examined by the Ombudsman. Australian Small Business and Family Enterprise Ombudsman Kate Carnell said her office was looking into the practice of businesses using supply chain fiance products to mine data to squeeze suppliers as part of the Ombudsman’s Review of Supply Chain Financing, launched
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