All Australia articles – Page 9

  • Louise Howarth, retail analyst, Planet Retail
    Analysis

    DIY is the next frontier for Australia’s grocery giants

    2011-08-10T13:27:00Z

    Australia is a market that fared well during the economic recession thanks to its proximity and strong ties to Asia’s emerging markets.

  • News

    Pick n Pay extends sale deadline by two months

    2011-08-05T07:00:00Z

    South African retailer Pick n Pay has extended the deadline for the sale of its supermarket banner Franklins to Australia’s third-largest grocer, Metcash, by two months. The sale has been opposed by the the Australian Consumer and Competition Commission due to concerns it would lessen competition in Franklins’ operating region. ...

  • News

    Grocer Coles reports fourth quarter sales increase

    2011-08-05T07:00:00Z

    Grocer Coles reported fourth quarter sales of Aus$6.2bn (£413.6bn), up 5.2% like-for-like. Store development and operations director Stuart Machin said continued rises in the cost of living have made customers watch how they spend their money more closely. “Our lower prices and our ‘down down’ campaign has been well received ...

  • News

    Grocery chain Woolworths posts sales increase

    2011-07-27T10:56:00Z

    Grocery chain Woolworths posted a 4.7% increase in net sales to AUD54.1bn (£36bn) for its financial year ended June 26. Excluding fuel, sales rose 4.1%. Food and alcohol sales increased 4.6% to AUD36.18bn (£24bn) or by 3% on a like-for-like basis. The company said that its price knockdown campaign contributed ...

  • News

    Costco reveals Australian expansion

    2011-07-21T00:00:00Z

    On the eve of opening its second Australian store in Sydney, Costco has revealed it is looking to expand in the country. Costco Australia managing director Patrick Noone said: “We are looking at all the big cities, as well as looking at additional buildings we could do in Sydney and ...

  • News

    Spar Australia launches new store concept

    2011-07-21T00:00:00Z

    Spar Australia has launched a new store concept called Jardin Fresh Life. The format has a larger sales area than a traditional Spar, with a strong focus on fresh produce. The first Jardin Fresh Life store displays products in a market-style atmosphere in the 11,625 sq ft space. The shop ...

  • News

    Metcash expects challenging year

    2011-06-27T18:01:00Z

    Grocery wholesaler Metcash has posted a 6% rise in annual net profit to Aus$241.4m (£156.7m) for the year ended April 30. Net sales grew 7.4% to Aus$12.5bn (£8.1bn)

  • Jacqueline Gold, Ann Summers
    Analysis

    Jacqueline Gold

    April 28 2011

    Despite its latest campaign upsetting M S, Ann Summers boss Jacqueline Gold has no plans to tone down the retailer’s tongue-in-cheek appeal.

  • Ann Summers fascia
    News

    Ann Summers to move overseas once global economy improves

    2011-04-28T00:00:00Z

    Ann Summers is eyeing international markets to expand its lingerie and sex toys business.

  • John_Lewis_Kingston_Fascia.jpg
    News

    John Lewis expands online with international delivery

    2011-03-11T00:00:00Z

    Retailer confident it can conquer US, Europe and Australia with ‘world class’ home product offer.

  • News

    Woolworths to acquire The Cellarmasters Group from Archer Capital for £214.6m

    2011-03-04T00:00:00Z

    Woolworths is to acquire The Cellarmasters Group from Archer Capital for AUS340m (£214.6m). Cellarmasters is one of Australia’s largest direct-to-home wine retailers and providers of contract bottling and wine services with operations in Australia and New Zealand. The business represents a complementary bolt-on to Woolworths’ existing liquor portfolio, which ...

  • News

    Harvey Norman sales increase 1.2% to £2.07bn

    2011-02-16T15:04:00Z

    AUSTRALIA

  • News

    Woolworths Australia lowers profit expectation

    2011-01-25T00:00:00Z

    AUSTRALIA

  • target_2.jpg
    News

    Primark sales director lands senior Target role

    2011-01-14T00:00:00Z

    Primark sales director Allan Molloy is leaving the value fashion giant to join Australian retailer Target.

  • News

    Danks acquire five Magnet Mart stores as part of owners Woolworths and Lowe's venture into hardware

    2010-12-17T00:00:00Z

    Woolworths and its US-based home improvement partner Lowe’s have acquired a Canberra-based hardware chain, as part of their aggressive venture into the hardware arena. The five stores, which trade under the name Magnet Mart, have been acquired by Danks, the hardware wholesaler that ...

  • News

    ACCC to discuss Pick n Pay's sale of Franklins supermarket chain to Metcash

    2010-12-10T00:00:00Z

    The Australian Competition and Consumer Commission (ACCC) has agreed to discuss Pick n Pay’s proposed sale of its Franklins supermarket chain to Australian Metcash at the national Federal Court. The ACCC announced that it was going to lodge the case by December 8, seeking an expedited hearing in early 2011. ...

  • News

    Woolworths profit to rise between 8% and 11% in 2011

    2010-11-25T10:38:00Z

    At its AGM, Woolworths chief executive Michael Luscombe said the company had experienced an extraordinary couple of years and profit would remain on course to rise between 8% and 11% in the 2011 financial year. Luscombe spoke of how Woolworths was preparing for its entry into the home improvement ...

  • News

    Woolworths to open 10 big-box home improvement stores in Victoria

    2010-11-04T00:00:00Z

    Woolworths is to open 10 big-box home improvement stores over the next 12 months in Victoria in a bid to expand its DIY store presence. Nine of the stores will open in the Greater Melbourne area. The chain has become involved in the hardware retailing business through a joint ...

  • News

    Woolworths Q1 sales increase 4% to £8.4bn

    2010-10-28T12:38:00Z

    Woolworths reported a 4% rise in first-quarter sales to Aus$13.91bn (£8.4 bn). Sales at the company’s food and liquor division in Australia for the quarter increased by 3.2% to Aus$9.29bn (£5.6bn), as like-for-like sales rose 2%. Woolworths’ New Zealand supermarkets sales had an even stronger increase of Aus$1.07bn (£642m) ...

  • News

    Coles Group Q1 sales increase 4.9% to £4.5bn

    2010-10-28T12:35:00Z

    Coles Group posted a rise of 4.9% in sales to Aus$7.49bn (£4.5bn) for its first quarter ended September 26. The retailer’s strong performance was attributed to lower prices and last year’s revamping of its fresh food areas. Growth rates at the chain proved to be outpacing larger rival Woolworths ...