Tag: supermarkets

Coles records 3.6% increase in first quarter sales

Coles has released its 2024 first quarter results, with Group sales revenue increasing 3.6% to $10.25 billion. The retailer’s supermarkets recorded sales revenue of $9.2 billion during the first quarter, an increase of...

Woolworths releases 2023 third quarter results

Woolworths has released its 2023 third quarter results, with Group sales revenue increasing by 8% to $16.34 billion. Across its Australian Food division, sales increased 7.6% in Q3 to $12.3 billion with Woolworths...

Woolworths releases 2023 half year results

Woolworths has released its 2023 half year results, with Group sales increasing 4% to $33.2 billion. Across its Australian Food division, sales increased 2.5% in the half to $24.4 billion (3-yr CAGR: 5.5%) driven...

Foodservice Australia returns to Sydney

The food and hospitality industry will come together for the Foodservice Australia exhibition on 23-25 October at the International Convention Centre in Sydney. Event Director Tim Collett says, “It has been a long...

Covid-19 influences back-to-school prep

Half of Aussie shoppers intend to purchase many back-to-school necessities from their local supermarkets. “The recent Shopper Study indicates that shoppers remain financially cautious due to the economic impact of Covid-19, with 48%...

Woolworths releases results amid Covid-19

Woolworths Group’s sales from continuing operations increased by 6.2% to $63.7 billion in F20 (or 8.1% on a normalised basis), according to the company’s latest results. “At our half-year results in February, we...

Coles remains ‘solid’ during a year of ‘substantial’ change

Coles Group sales revenue (excluding fuel sales and hotels) increased by 3.1 per cent to $35 billion for FY19. Sales revenue growth was seen across Supermarkets, Liquor and Express. Coles CEO Steven Cain says...

Consumers craving convenience

One-in-five Australians feel under time pressure when shopping, according to IRI Client Growth Partner, Mairead McElvanna, leading many down the path of least resistance – quick, easy and accessible meal solutions. To meet...
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