Coronavirus

IRI Australia’s overview of COVID-19’s impact on FMCG

  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

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Coles, Woolworths record huge Q3 results on back of panic buying

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

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PepsiCo donate to help vulnerable through COVID-19

PepsiCo Australia has today announced it will donate $480,000 to food charity Foodbank Australia to help those financially impacted by COVID-19.  It forms part of their (AUD) $72 million in global donations to provide assistance to help vulnerable communities through the crisis and will be made through their The PepsiCo Foundation and will help Foodbank

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Flexikitch: supporting Australian businesses

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

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Unilever, Reckitt Benckiser offer help through Covid-19

Unilever and Reckitt Benckiser are two of the latest companies to step up and pitch in to help during the Covid-19 crisis. As businesses feel the pinch from significant government trading restrictions aimed at reducing the spread of the deadly pandemic and vulnerable Australians face product shortages due to panic buying, the two consumer goods

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McDonald’s: pick up milk and bread with your cheeseburger

As businesses adapt to the evolving government restrictions amid the spread of Covid-19, one major fast food chain has taken an innovative approach to drawing in customers. After the federal government placed a ban on all in-restaurant dining, McDonald’s was reduced to take-away, drive-through and home delivery of its range of burgers, sides and McCafe

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Some relief for small business in third government stimulus package

Businesses will soon be able to offer their staff a wage subsidy of $1,500 per fortnight during the Covid-19 crisis. The $130 billion JobKeeper payment was announced yesterday as part of the federal government’s third stimulus package and will be available to businesses who have been significantly financially disadvantaged due to the virus. However, while

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