Latest Supermarket News - Inside FMCG
Coles and Woolworths buck the trend in a “decreasingly optimistic market”.
This week’s top headlines.
Staff, suppliers and landlords left reeling after the sudden exit of German discounter Kaufland.
Goodman Fielder was the top performing Australian company, Woolworths came in “middle of the pack”, while Coles was “lagging behind”.
Supermarket chain building another dark store as online grocery shopping grows.
“This was not an easy decision for us.” – Frank Schumann, acting CEO of Kaufland International, announces exit from Australian market.
Woolworths offers 10 per cent discount at its retail outlets until the end of the month.
Welcome rain thought to have added to the overall rise in consumer confidence.
Green store initiatives include reverse vending machine for plastic bottles and cans, hanger recycling and a deposit box for unwanted small plastic toys.
In time, technology could wipe out more than 150,000 cashier jobs remaining in Australia.