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 […]
IRI Australia’s overview of COVID-19’s impact on FMCG Read More »
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
Coles, Woolworths record huge Q3 results on back of panic buying Read More »
Coronavirus (COVID-19) fears have cleared supermarket shelves and sparked supply shortages of hand sanitisers. Photos circulating this week have shown empty shelves in supermarkets across the country as people made a rush for essentials like toilet paper and baby goods, as well as canned foods, pasta and non-perishables. However hand sanitiser, unsurprisingly, appears to be
Panic buying clears supermarket shelves Read More »
