Coles Express takes a hit on first quarter sales
Wesfarmers has recorded a weakened first quarter for its Coles Express convenience group.
Coles Express takes a hit on first quarter sales Read More »
Other FMCG Retailers
Coles and Woolworths partner with Airtasker
Coles, Woolworths, and Big W, become the first major retailers stock Airtasker gift cards.
Coles and Woolworths partner with Airtasker Read More »
Costco looks for 10th Australian site, more gas stations to open
Costco revenue down, however, the Australian business is generate $1 billion in sales this financial year.
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Woolworths sees Aldi/Coles as threat, wants customers to put them first
Woolworths aims to win the trust of its customers “and increase its share of their food spend ” through a program of lower prices and improving all aspects of their shopping experience. Recognising that lower prices are not the only strategy to win the hearts and minds of consumers, Woolworths Food Group Managing Director, Brad
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Woolworths glitch hits customer’s vouchers, executive departures continue
An email with details of Big W shopping vouchers worth over $1 million, together with customers’ personal details has been sent to 1,000 people in error.
Woolworths glitch hits customer’s vouchers, executive departures continue Read More »
Coles online and own brand expansion
Woolworths’ new pricing and value strategy (see C&I WEEK issue 120, 2015-05-07) has left Coles managing director John Durkan unruffled. Mr Durkan outlined plans for the retailer to expand into new channels and services and improve its customer offer ?including a focus on from Coles Online as a source of growth ?at a Wesfarmers strategy
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Coles refunds almost $10 million to suppliers
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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Aldi South Australian expansion continues apace
Aldi Australia will become a new tenant within the Barker Plaza Shopping Centre (Mount Barker, SA) and has acquired a site in Hawthorn, which will service Mitcham and surrounding suburbs. “Securing a site for Aldi in Mount Barker is very exciting and an important milestone for us, as we are committed to developing more than
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Woolworths cuts 400 more staff, seeks savings of $500 million plus
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
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Women In Convenience expands with new programme for 2015
The AACS Women In Convenience initiative will launch a new and expanded programme for 2015 after its successful first year with two events to be held in Sydney and Melbourne during May. At both events Petra Buchanan, CEO of the McGrath foundation, will be a guest speaker. Ms Buchanan is globally recognised for her expertise
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Convenience store sales a strong performer for Coles
Quarterly figures released this week by Wesfarmers show that total sales at Coles Express have fallen by 16.6% in the third quarter when compared to the previous quarter. Total sales of $1.6 billion were recorded for the quarter. This includes fuel sales which, despite higher fuel volumes, have been impacted by lower fuel prices. According
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Woolworths powers ahead
Australia’s Top 1000 Australian companies have been identified in a IBISWorld Special Report. The report shows that during 2014, average revenue growth across all Top 1000 companies was 7.5%, down from 14.6% on the previous year. Grocery giant Woolworths placed second on the list behind resources behemoth BHP Billiton. Woolworths moved from fourth position on
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Coles ups Down Down price war, fallout to hit suppliers, independents
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 »