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Many Australians have lost trust in supermarket pricing, with more consumers now comparing prices between stores before making a purchase. “Many consumers have told us that they are losing trust in the sale price claims by supermarkets,” said Mick Keogh, ACCC deputy chair.
The appointment of Amanda Bardwell as Woolworths Group’s next managing director and CEO, effective September 1, marks a historic moment for the parent company of Woolworths Supermarkets and Big W, which reported nearly $65 billion in sales last financial year. Supermarkets have long been the purview of male leaders.
A staggering 47% of all ecommerce sales worldwide in 2020 were made on marketplaces, according to WebRetailer , and Alvarez & Marsal predicts that marketplace sales worldwide will account for $5 trillion by 2025. With those kinds of numbers, it’s easy to see why traditional retailers want a piece of the action.
Potts joined the supermarket in 2015 after almost four decades at Tesco, where he started on the shop floor aged 16 and rose through the ranks to run its Asian operations. The retail veteran grew the upmarket grocer into a more than £6.5bn brand during his 10-year tenure as its boss, helping it to weather the 2008 recession.
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Despite its grand expansion plans, last year Aldi UK boss Giles Hurley told The Telegraph he had been made to delay the grocer’s opening schedule as it faced a large number of planning objections from rival supermarkets. Meanwhile, the discounter’s share of supermarket sales fell from its 10.2% peak in September 2023 to 9.8%
The annual event has celebrated excellence in the industry since 2008. 1 NOMO is double the size of its nearest competitor, accounting for 16 percent of the vegan and free from chocolate category – after growing 1.6 The Free From Food Awards (FFFAs) are the UK’s foremost recognition for free from food and drink products.
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