IGA has today launched a national grocery delivery service in IGA Shop. While some independent family owned stores already offer delivery services, this is the first national platform for the retailer and follows the success of their Priority Shop service introduced during COVID-19. The retailer has said hundreds of its stores throughout Australia will offer […]
IGA launch new online delivery service Read More »
Wholesaler Metcash has successfully raised $300 million in capital by selling off 107 million new shares. The shares were placed up for sale yesterday at a discounted price of $2.80, down 7.9% on the $3.04 at the ASX close of trade on Friday, when the sale was announced. The new shares were quickly snapped up
Metcash successfully raise $300 million Read More »
Metcash have reportedly been warned they should consider reassessing the viability of their food distribution business. The move would boost margins for retail partners and de-risk the business, Credit Suisse analyst Grant Saligari reportedly told clients this week, according to a report in The Sydney Morning Herald. It comes after Metcash lost their long-standing supply
Metcash reportedly warned on food business Read More »
Distributor Metcash has been unable to save its long-standing supply agreement with 7-Eleven, with Metcash’s chief executive saying the convenience store chain’s terms made the contract commercially unviable. This is the second loss for the company in 18 months, after losing the Drakes distribution contract in South Australia. Metcash shares plunged more than 10 per cent to
7-Eleven drops Metcash Read More »
Retailers in the convenience industry will initiate fresh payroll audits following the recent admission by Woolworths that it underpaid nearly 6,000 salaried workers for the last 10 years. A spokesperson for Metcash, which supplies independent supermarket chain IGA, said while the company conducted regular internal and external audits of its payroll, it would be double-checking
IGA to undertake payroll audit Read More »
Metcash Limited is attempting to save a large contract with 7-Eleven worth more than $350 million a year, according to a report in the Australian Financial Review (AFR). The long-term supply contract is worth significantly more than the $270 million contract to Drakes Supermarkets that Metcash lost recently, according to the report. 7-Eleven is calling
Could 7-Eleven drop Metcash? Read More »
Metcash has reportedly signed a five-year deal with Drakes supermarkets in Queensland. According to the Australian Financial Review, Drakes had previously announced plans to build an $80 million distribution centre in South Australia, and then planned to self-supply in once its current deal with Metcash expired. The deal with Metcash will remove the threat of
Metcash supply deal with Drakes Read More »
Vinnies and IGA hosted a BBQ to celebrate the launch of the 2018 Vinnies Christmas Appeal.
IGA and Vinnies launch Christmas appeal Read More »
To celebrate their 26-year partnership with Special Olympics Australia, Independent Grocers of Australia, IGA, presented a cheque donation of $180,000.00 at the 13th annual Special Olympics Australia Signature Dinner held at Luna Park, Sydney 24th August. IGA is proud to continue supporting Special Olympics Australia by helping to raise awareness and vital funds through IGA’s Community
To celebrate their 26-year partnership with Special Olympics Australia, Independent Grocers of Australia, IGA, presented a cheque donation of $180,000.00 at the 13th annual Special Olympics Australia Signature Dinner held at Luna Park, Sydney 24th August. IGA is proud to continue supporting Special Olympics Australia by helping to raise awareness and vital funds through IGA’s Community
Leading IGA stores in Western Australia are celebrating after winning at the annual Independent Grocers of Australia (IGA) Awards of Excellence held at the Crown Perth on 14 April.
Leading IGA supermarket in WA recognised Read More »
Metcash is facing an apparent backlash from independent IGA retailers over plans to reduce the product range available in stores and changes to promotions.
Metcash facing rebellion Read More »
Scott Marshall has stepped down as Chief Executive Officer of Australian Liquor Marketers (ALM) and has been named as the new CEO of the Supermarkets & Convenience pillar of Metcash, effective immediately.
Senior management movement at Metcash Read More »
