Ritchies completes takeover in Australia
Ritchies is now NSW’s largest independent supermarket network, following the recent launch of its Harrington Waters SUPA IGA store.
Ritchies is now NSW’s largest independent supermarket network, following the recent launch of its Harrington Waters SUPA IGA store.
After months of driving down the retail price of milk in Australia, supermarket operator, Coles have folded in the face of the imminent collapse of a major Australian dairy company. Faced with the end of milk supplies from Western Australian farmers through processor, Harvey Fresh, Coles have agreed to pay an extra A$0.27c per litre above its standard milk price in the rest of the country.
Treasury Wine Estates chief executive, David Dearie has told small wine producers to stop selling bulk wine to the large supermarket operators.
Chef-turned-businessman Sean Armstrong’s successful business Loaf is expanding internationally in a multi-million dollar deal.
After six months of negotiations, a selection of Armstrong’s range of delicious gourmet slices has hit the Australian market with three containers of goods being shipped across the Tasman.
Coles and Woolworths, Australia’s two largest supermarket chains, recorded supermarket wide sales growth of over three percent. Woolworths reported a 3.7% increase in sales from its stores on both sides of the Tasman, while Coles matched this with 3.8%.
Supermarkets in New Zealand have been a critical player in the development of the craft beer sector, but in Australia that particular worm has turned into a craft beer version of the ultimate industrial commodity – own label supermarket products.
The Coles chain in Australia has delivered on its customer commitment to improve animal welfare standards a year ahead of schedule by totally removing caged eggs and sow stall-produced pork from its Coles brand product range.
Following the announcement last week that the cut price range in its supermarkets now covers more than 100 items, Coles supermarket chain claims that its suppliers will benefit from dramatically lower retail prices. However supplier organisations, such as Queensland Dairy Farmers have called for a consumer boycott of Coles because it says the campaign will drive both farmers and small retailers out of business.
It is considered Australia’s most respected wine, but that has not stopped Australia’s leading supermarket operators struggling to offer it at the lowest possible price.
The Western Australian Farmers Federation Dairy Council (WAFF) has voted to launch a public boycott against all businesses owned by Wesfarmers, the parent company of Coles’ supermarkets.
An attempt by Australian supermarket operator Coles has backfired causing red faces in the company’s marketing department
Coles has become the first supermarket operator in Australia or New Zealand to commit to selling only sustainable seafood across its fresh fish counters.