Tag: Food

Metcash delivers solid food sales

Metcash has reported a 6.1% rise in total sales for the financial year up to 8 September. Announced at the company’s Annual General Meeting, Metcash’s food sales, excluding tobacco, increased 17.9%, which the...

Metcash releases full year results

Metcash's 2024 Full Year Results report that the company’s revenue increased 0.7% to $15.9 billion, and including charge through sales, increased 0.7% to $18.2 billion. “I am pleased to report that the company...

Metcash completes Superior Food acquisition

Metcash has announced the completion of its acquisition of Superior Food. This follows the company’s announcement in February that it had entered into a binding agreement to acquire the “strategically aligned” Superior Food...

Retail turnover subdued, up 0.1%

Australian retail turnover grew a modest 0.1% in April 2024, according to seasonally adjusted figures released by the Australian Bureau of Statistics (ABS). This followed a 0.4% decline in March 2024 and...

Metcash’s acquisition of Superior Food not opposed

The ACCC will not oppose Metcash’s proposed acquisition of wholesale food distributor Superior Food Services. The competition regulator’s review focused on: How closely Metcash and Superior compete in the wholesale supply of food...

Foodbank sources record volume of food

Foodbank Australia has revealed that it sourced a record 51 million kilograms of food and groceries in 2023, the equivalent of 92 million meals. According to the ‘Foodbank Hunger Report 2023’, food insecurity...

Metcash to acquire Superior Food and two hardware businesses

Metcash has entered into binding agreements to acquire three “strategically aligned” businesses. The company plans to buy Superior Food (for up to $412.3 million), Bianco Construction Supplies (for $82.2 million), and Alpine Truss...

Cadbury Australia plans to halve virgin plastic use across its core chocolate portfolio wrappers

Australian food and beverage brand Cadbury has signed a deal with global packaging leader Amcor, to source ~1000 tonnes of post-consumer recycled plastic to wrap its core Cadbury chocolate range, accelerating the...
Advertisment

Most Popular