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Metcash

Metcash Archives

Metcash enjoys strong FY20, hastens Total Tools buy up

Group revenue jumped 9.9 per cent to $14.3 billion, while group EBIT rose 19.9 per cent to $401.4 million.

Metcash grows into second half, bookmarks $375m for network, online growth

Metcash’s supermarket sales rose 14.4 per cent compared to the prior corresponding period, while total food sales rose 4...

Metcash delivers strong first-half result despite pandemic

Shop Local movement benefits IGA during the first half, Metcash said.

Metcash reaps benefits as consumers shop more locally

Metcash says sales continue to benefit from the change in consumer behaviour since the advent of Covid-19 with sales up ...

Metcash’s Total Tools acquisition not a problem: ACCC

The Australian Competition and Consumer Commission said it will not oppose Metcash’s acquisition of a 70 per cent stake ...

Metcash enters binding agreement to acquire Total Tools

Wholesaler moves forward with acquisition of national tool retail franchise.

Metcash liquor retailers unite on Shop MyLocal e-commerce site

Independent Brands Australia (IBA), the second-largest network of liquor retail outlets in the country, has launched an ...

Independent supermarket co-op could spell trouble for Metcash

Co-Operative Supermarkets plans to secure contracts directly with grocery suppliers.

This week in FMCG

This week's top headlines.

Metcash half-year results tumble on lost supply contracts

Metcash delivered a net loss of $152 million in 1H20.

Metcash suffers major blow as 7-Eleven deal falls through

The 7-Eleven account is worth $800 million annually to Metcash.

This week in FMCG

This week's top news in the industry.

Drakes departs Metcash to go solo with opening of $125m DC

Managing director Roger Drake explains why the family business is separating from the Metcash group and going out on its...

Food and liquor drive first quarter sales: Metcash

Food sales improved during the first quarter despite a highly competitive market.

Focus on fresh, local produce the winning formula for IGA retailers

Metcash-owned supermarket chain IGA honours independent retail owners at Awards of Excellence.

Metcash adds two retail veterans to board

Metcash is bringing on experienced consumer goods experts Peter Birtles and Wai Tang as non-executive directors of the c...

Metcash reports 3 per cent drop in underlying profit

The supermarket supplier saw growth in liquor and hardware, but food earnings took a hit.

Metcash secures new deal with Drakes Supermarkets

Last year Drakes refused a deal that would see its supermarkets in South Australia supplied by Metcash's new purpose-bui...

Metcash trialling smaller formats, corporate stores as part of five-year plan

The group is looking to capitalise on global trends in the grocery industry.