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The pricing practices of Australia’s supermarket near-duopoly are about to the the focus of a year-long enquiry by the government’s competition regulator, the Australian Competition and Consumer Commission (ACCC). The ACCC will examine competition in the supermarket sector and how it has evolved since the previous inquiry in 2008.
The company operates a portfolio of 85 department stores, 87 home improvement superstores, 695 supermarkets, 41 hypermarkets, 13 wholesale warehouses and a slew of specialty retail brands across multiple categories, totalling 3844 sales locations in all. stores in Vietnam, compared to the number at the end of last year.
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.
Lidl is to close its Walsall warehouse, placing 100 jobs at risk, as it no longer meets its “operational requirements” The discounter has entered a consultation period with those impacted by the closure and is offering staff members the option between redundancy or redeployment when it closes in 12 months.
Hicks will step down from the role on June 30 at the end of FY25, but will remain close to the business in a brand and strategy consulting capacity. He joined Woolworths in 2008 as national marketing manager of Dan Murphy’s and became GM of marketing for Woolworths Liquor Group in 2012. He has been CMO of the group since 2019.
McLeod drove change at UK supermarket group Asda in the UK ahead of its sale to Walmart, was chief merchandise officer and board member of Walmart Germany from 2000-01, led the turnaround of Halfords, the UK auto parts chain prior to its float – and then took the helm of Coles in Australia for five years from 2008.
The rate at which Mirakl is growing is a testament to the explosion of third-party marketplaces in recent years, as traditional retailers take a page out of Amazon ’s book in order to expand their online reach. “The Urban Outfitters and Carrefour , has raised $555 million in a Series E funding. Mirakl does have a head start though.
In a warehouse on the outskirts of Barcelona, women stand at conveyor belts, manually sorting T-shirts, jeans and dresses from large bales of used clothing – a small step towards tackling Europe’s towering problem of discarded fashion. Despite the challenges, employees at Moda Re said they felt their work was positive.
Brown previously spent eight years at Aldi Australia, serving as the business’ regional managing director and head of regional logistics, as well as a further six years at Aldi UK as its logistics director. Lagardère called the appointment an important investment in its CSR governance. “I
With the cost-of-living crisis at the forefront of shoppers’ minds, it’s no surprise so shoppers have jumped ship from the traditional big four supermarkets to discounters. Retail Gazette looks at the different set of results and what the future holds for both discounters. Its market share increased from 6.1%
The search for the next chair of John Lewis Partnership is underway after current incumbent Sharon White revealed she would be stepping down at the end of her five-year term. Retail Gazette looks at some of the possible candidates who could replace White. His deep grocery experience could be vital in getting Waitrose back on form.
“The opening of ‘Thrifty Acres’ in June 1962, was history in the making, although I’m not sure our dad and grandfather realized it at the time,” Meijer Executive Chairman Hank Meijer said. In 1955, one of the small company’s supermarkets added a department to sell general merchandise. . — Meijer Inc.
Scot Ian McLeod drove change at UK supermarket group Asda in the UK ahead of its sale to Walmart, was chief merchandise officer and board member of Walmart Germany from 2000-01, led the turnaround of Halfords, the UK auto parts chain, prior to its float, and then took the helm of Coles in Australia for five years from 2008.
in May, signifying customers might be cutting back amid sky-high supermarket inflation. Despite grocery price inflation falling to its lowest level this year , sitting at 16.5% for the four weeks to 11 June 2023, it remains sixth highest monthly figure since 2008. But food sales were down 0.5%
Retail Gazette takes a look at some of the biggest CEO departures over the past few months. He took up the CEO position in March 2023 to help White with the day-to-day running of the supermarket and to “supercharge” its transformation. The business said Whitfield was leaving her role to “pursue a portfolio career”.
NOMO, the UK’s vegan and free from chocolate brand, won four major accolades at the Free From Food Awards on 8th June. The annual event has celebrated excellence in the industry since 2008. The top honours included being named the Large Independent Brand of the Year 2023.
As Wilko teeters on the brink of administration , placing potentially 12,000 jobs and 400 stores at risk, Retail Gazette takes a look back at some of the biggest administrations to hit the sector. The disgraced Chappell was convicted of evading VAT, corporation tax and income tax after a trial at London’s Southwark crown court.
Last year, data from the Centre for Retail Research revealed that more than 120,000 jobs were lost in the retail sector as thousands of shops shuttered across the nation in retail’s worst year for store closures since 2008. Retail Gazette rounds up the retailers who have begun axing roles this year.
At a time when consumers are watching their discretionary spending, accessories such as leather goods and fashion jewellery are examples of products that many consumers feel they can do without. In addition to this, company directors, Crescent Capital’s Michael Alscher and Ziying Sun, stepped down at the start of the year.
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. Retail Gazette looks at where discounters’ ambitious expansion plans stands now. peak in September 2023 to 9.8%
Fresh and ambient food inflation also slowed during June, while non-food inflation also sat at 5.4%. NielsenIQ head of retailer and business insight Mike Watkins said: “Whilst prices are still higher than a year ago, the slowdown in food inflation is welcome news for shoppers, helped by supermarkets lowering prices of some staple goods.
Administrators at PwC are now in the process of selling off the scraps of the business, with rivals including Poundland, B&M and The Range picking up its assets. Its collapse follows in the footsteps of Woolworths in 2008, 99p Stores in 2017 and later Poundworld in 2018.
Publix vice president of customer experience Bob Bechtel is retiring from the supermarket retailer after 45 years of service, the company said on Wednesday. For more information, visit the company’s newsroom at corporate.publix.com/newsroom. LAKELAND, Fla. His retirement takes effect on March 31.
Since taking the reins in 2012, Edeker has been the catalyst in equipping the supermarket chain to continuously adapt to a dynamic market. We obsess about constant evolution, changing and adapting — we live that every single day,” he said during an interview at the recent FMI Midwinter Executive Conference.
jump putting its market share at 7.1% But it is notable that the proportion of spending on promotions has recently fallen to its lowest level since 2008. A dedicated AI solution driven by data Retailers now need to carefully consider the tools at their disposal. higher year on year and another recording a 24.1%
in a deal that values the supermarket chain at 172.5 The world’s biggest retailer first entered the Japanese market in 2002 by buying a 6% stake in Seiyu, and gradually built up its stake before a full takeover in 2008. However, Walmart has now become the latest foreign retailer to retreat from Japan. Walmart Inc.
Tens of thousands of Asda workers, predominantly women, are on the brink of receiving historic payouts following a landmark ruling in the supermarkets ongoing equal pay case. In one case, all the roles were deemed equal. The next stage of the case will focus on whether Asda can justify the pay gap with a reason that is not related to gender.
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