COVID-19

Product restrictions reintroduced in Victoria on panic buying fears

Purchase limits have been reintroduced on pantry staple products in Victorian supermarkets as new cases of COVID-19 spark fears of more panic buying. Victoria is in the midst of a new wave of virus cases, many of which have arisen from community transmissions. The state recorded 20 new cases yesterday and one death and fears […]

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EG Group finalise Oliver’s Real Food deal

Health-focussed fast food chain Oliver’s Real Food (OLI) has finalised a long-term supply agreement with UK based EG Group. Under the agreement EG will pay Oliver’s a one off $500,000 license fee for the exclusive use of Oliver’s branding under a 10 year deal. Oliver’s will also supply all products sold at EG’s Oliver’s outlets.

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Coca-Cola Foundation partners with Red Cross

The Coca-Cola Foundation has teamed up with the Australian Red Cross to support those experiencing hardship through the COVID-19 crisis. As the economic and social impacts of the global pandemic continue to affect many Australians, the foundation has donated $250,000 to help the Red Cross deliver emotional care and support through their COVID-19 Care Collective.

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Kanguru launch into South Korea

Red Kangaroo Beverages has launched into the trend-setting South Korean market. Partnering with billion dollar manufacturing and distribution leader Binggrae, the company has today officially launched their Kanguru energy drink into 24,000 stores. More than 300,000 250ml cans will be distributed to convenience stores within the next three weeks, including South Korea’s top three chains

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Nestlé say thank you with special KitKat

  Nestlé has thanked frontline healthcare workers for not taking a break with a specially designed KitKat bar. More than 250,000 of the ‘thank you’ KitKat bars have been distributed to hospital staff in recognition of their lifesaving work during the COVID-19 crisis. Nestlé’s Confectionery General Manager Chris O’Donnell said it was the company’s way

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QLD government announce small business grants

The Queensland government has this morning announced they will offer $100 million in grants to support businesses struggling due to COVID-19. The grants follow similar schemes in New South Wales and Victoria and will focus on assisting businesses who have had to temporarily close, restructure or pivot their operations. Businesses can apply for up to

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Arnott’s dig deep for food relief

Arnott’s has pledged to donate $350,000 worth of their products to help combat food insecurity during COVID-19. The donation will be made to food charity Foodbank Australia, who Arnott’s has supported for more than 10 years and who they have donated millions of kilograms of food to in support of vulnerable communities. The donation also

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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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