Tag: supermarkets

Industrial action and shopper trends hit Woolworths’ profits

Woolworths total group sales increased by 3.7% on the prior year with Group EBIT declining by 14.2%. This was largely driven by a decline in Australian Food EBIT of 12.8%, which Woolworths...

Coles sales driven by successful seasonal and trade events

Coles has released its 2025 half year results, with Group sales revenue increasing by 3.7% to $20.03 billion. “We have had a strong focus on value, fresh quality and availability which has supported...

Metcash FY25 half year results

Announcing the Metcash FY25 half year results, Group CEO Doug Jones said: “Our diversified portfolio strategy continues to deliver in the face of a challenging external environment. Conditions were difficult for all...

Deceitful discounts? ACCC sues Coles and Woolworths

The ACCC has commenced separate proceedings in the Federal Court against Coles and Woolworths for allegedly misleading consumers through discount pricing claims on hundreds of common supermarket products. The allegations relate to products...

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...

Supermarkets to continue cooperation on soft plastics recycling

The ACCC has granted interim authorisation with conditions to Coles Group, Woolworths Group and ALDI to continue their collaboration on soft plastics recycling. In June 2023, the ACCC granted authorisation that allowed the supermarkets to collaborate through...

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...

Woolworths sales rise during ‘challenging’ quarter

Woolworths has released its 2024 third quarter results, with sales revenue increasing by 2.8% to $16.8 billion. Across the retailer’s Australian food division, total sales increased 1.5% to $12.58 billion. “It was a challenging...
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