Retail Gazette

MARCH 13, 2024

Accounts for the grocery giant’s parent company, Market Topco, revealed it fell to a pre-tax loss of £1.1bn for the year ended October, as its interest costs surged to £735m. Morrisons pulled in a £1bn loss last year, as debt interest payments related to its private equity takeover soared.

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Payment Services Supermarket Finance Accounting 125

Retail TouchPoints

MARCH 26, 2024

Cooperative food wholesaler Associated Wholesale Grocers (AWG) , which serves independently owned supermarkets, has expanded its partnership with Instacart to offer ecommerce and same-day delivery solutions as well as smart cart technology to its member retailers. An Instacart shopper will then pick and deliver the order.

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Grocer Wholesale Supermarket Shopping 147

365 Retail

JANUARY 8, 2024

Looking to improve your financial management? Smart financial management can improve your quality of life and help you build toward a bright future, but it is also one of the most challenging parts of adulthood. You should have an emergency fund with at least three months worth of expenses kept in an easy-access account.

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Management Finance Accounting Planning 52

Inside Retail

MARCH 3, 2024

In Australia, the growing importance of loyalty programs could be seen in the half-year results of both Coles and Woolworths , the country’s leading supermarkets, which reported that the e-commerce, digital and loyalty aspects of the business were responsible for strong growth. billion in 2024. Myer One currently has about 4.2

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Supermarket Net Profit Department Stores Checkout 130

365 Retail

JANUARY 5, 2022

Households shunned pubs, restaurants and bars in December as the rise of the Omicron variant saw people spending near-record amounts in supermarkets and celebrating the festive period at home, according to new supermarket data. However, part of the impressive sales results was due to rising inflation, with supermarket prices now 3.5%

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Supermarket Accounting Marketing Management 64

Inside Retail

SEPTEMBER 23, 2022

Earlier this week, supermarket player Coles announced it is selling its convenience arm Coles Express to long-time fuel partner Viva Energy for $300 million. Additionally, Cain said the environmental impact of fossil fuels was difficult to justify for a business aiming to be the country’s most sustainable supermarket. “As

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Supermarket Accounting Returns Marketing 246

Retail TouchPoints

DECEMBER 7, 2021

With this new funding, Marketplacer has raised more than $85 million to date and now has more than 100 marketplaces on its platform globally, including major Australian supermarket chain Woolworths , lifestyle brand SurfStitch and fishing enthusiast app Fishbrain. Marketplacer launched in the U.S.

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Accounting Supermarket Marketing Management 270

Inside Retail

JUNE 17, 2021

The Fair Work Ombudsman today announced it has commenced legal action against supermarket giant Woolworths in regards to “ major underpayments ” of a number of its salaries managers. “Woolworths, for example, encompasses a thousand supermarkets and about 30 million customer transactions a week.

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Payment Services Supermarket Accounting Management 246

Inside Retail

APRIL 27, 2021

According to WooliesX Managing Director Amanda Bardwell, e-commerce sales at the supermarket jumped 92 per cent from July to December 2020, and now account for eight per cent of total sales. The site is expected to begin construction in 2021, with an operational launch date in 2024.

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Planning Supermarket Fulfillment Accounting 243

Inside Retail

JUNE 28, 2023

Food for thought At IGA, supermarket sales rose 2.1 Both supermarket giants will release their full-year results in late August. The community-based store resonates with Australians, because the managers or the owners are from and of the community, [and] often source products that are particularly relevant to their local communities.”

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Supermarket Finance Accounting Management 130

Inside Retail

SEPTEMBER 19, 2022

Its marriage with Tesco Lotus virtually doubled it in importance, by making it the operator of nearly 2,700 hypermarkets, supermarkets, convenience stores and malls. The retail and wholesale businesses accounted for a roughly even split of the company’s 219.6 That was in October a year ago now. billion baht ($9.4

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Wholesale Supermarket Accounting Supply Chain Management 130

Retail Gazette

JANUARY 10, 2024

Asda’s private equity owners, TDR Capital, were grilled by MPs yesterday over the supermarket’s debt pile, a lack of transparency and workers’ rights at a Business and Trade select committee hearing.

Supermarket 104

Supermarket Grocer Accounting Management 104

Retail Gazette

SEPTEMBER 29, 2023

Asda issued a £2.1bn dividend to its owners after they purchased the company, according to accounts published today. The dividend contributed to around a £1.8bn drop in the supermarket’s assets and helped its owners manage their debts.

Grocer 113

Grocer Supermarket Accounting Planning 113

Inside Retail

NOVEMBER 1, 2023

. “Responsible waste management and recycling practices are critical for the health of our environment,” remarked Paul Zahra, CEO of ARA. ” Supporting the initiative, supermarket chain Coles has introduced 47 Reverse Vending Machines in its Victorian stores to coincide with the CDS launch. .

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Returns Supermarket Accounting Consumer 246

Inside Retail

MAY 12, 2024

The company added that it accounts for 7 per cent of all beef produced in the country annually and that all its suppliers must comply with all Federal and state laws, including those related to land management. “We are committed to sourcing beef sustainably in partnership with our farmers and suppliers,” said the spokesperson.

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Accounting Management ATS Supermarket 246

Inside Retail

APRIL 19, 2021

Supermarket giant Coles has partnered with Deakin University to forge an academic program focused on teaching the skills necessary in retailing, which can be used as credit toward a Master of Business Administration. Our team are excited about how relevant this program is to their current and prospective roles.”. “Our

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Supermarket Accounting Management ATS 130

Retail Gazette

MAY 21, 2024

The online grocer accounts for 1.8% Subscribe to Retail Gazette for free Sign up here to g et the latest news straight into your inbox each morning The UK’s largest supermarket Tesco notched up 0.5 By contrast, Ocado was the fastest-growing grocer over the 12-weeks, with sales rising 12.4%. as sales jumped 5.6% 33,607 98.5%

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Marketing Grocer Supermarket Accounting 102

Inside Retail

APRIL 18, 2024

In reality, they are often left behind when shoppers go to the supermarket, forcing them to buy more and in a lot of cases having them just accumulate in the kitchen cupboard.) So why did the supermarket chains and other retailers roll over? That is an incredible failure of public policy and consumers paid for it.

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Consumer Supermarket Management Accounting 130

Inside Retail

APRIL 14, 2024

In an industry with a very high percentage of female employees and, positively, strong representation in management ranks, there is still room at the top for many more women in leadership roles as CEO and company directors in major retailers. The retail industry accounts for 9.8 per cent of the total Australian workforce with around 1.5

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Management Department Stores Finance Supermarket 130

Shopper Motion

DECEMBER 16, 2020

It is undeniable that the job of a Category Manager is essential for the correct functioning of a grocery store. Our goal in this post is to support Category Management with fresh ideas and trends so that they have all the information needed when designing strategies for 2021 with the ultimate target of increasing their sales.

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Management Promotions Inventory Turnover Supermarket 52

Retail Gazette

JANUARY 15, 2024

His role includes supporting the supermarket owner by sourcing new investment opportunities and supporting its portfolio of companies across Europe. Lewis, who is currently chair of GSK’ consumer health spinoff Haleon, has spent the majority of his career at consumer goods giant Unilever.

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Supermarket Accounting Consumer Management 98

Inside Retail

AUGUST 4, 2022

Coles has launched the first Liquorland store in Tasmania, in tandem with opening its first new supermarket in the state in 12 years. The new store, at Glebe Hill Village, features a selection of Tasmanian beverages, as well as Liquorland’s Tasmanian brands such as Beyond the Wilderness Wines and Pure Origin Vodka and Gin.

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Boutique Supermarket Accounting Location 130

Shopper Intelligence

APRIL 30, 2021

Category Managers. The supermarket shelf. Sometimes being in Category Management might feel like being a United Nations peacekeeper, a global summit negotiator, or like you dropped into an episode of Game of Thrones. (We We have a whole booklet of cartoons about life as a Category Manager! (We Retailer vs Supplier.

Management 52

Management Promotions Accounting Marketing 52

Inside Retail

DECEMBER 18, 2023

Chadstone centre manager Daniel Boyle told Inside Retail, “We have a multitude of offerings available to shoppers to make their Christmas shopping experience both full of festivities and seamless. Food for thought Natalie Davis, managing director of Woolworths Supermarkets, shared with Inside Retail that Woolworths expects to sell 2.8

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Shopping Accessories Supermarket Consumer 264

Inside Retail

APRIL 28, 2021

The Gilbert Review has made it clear that we did not do enough in this community to live up to the best practice engagement to which we hold ourselves accountable. I’d speculate that we will be heading back into supermarket war territory shortly as the two big brands go head to head to claw back sales and maintain market position.

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Planning Supermarket Consumer Shopping 234

Retail TouchPoints

APRIL 6, 2023

Retail is already seeing successful use cases: Albertsons recently rolled out a predictive ordering platform from Afresh Technologies designed for the rapidly changing nature of fresh products to more than 2,000 of its supermarkets, providing department managers with easy-to-use ordering tools leveraging real-time insights.

Payment Services 218

Payment Services Supply Chain Management Supermarket Accounting 218

Retail TouchPoints

DECEMBER 5, 2023

Hy-Vee is prioritizing this growth area through a strategic partnership with Samsung that allows the supermarket chain to bring dynamic ads and content into stores, as well as through a robust network of Samsung Connected TVs and Direct Out-of-Home (OOH) advertising channels. “Hy-Vee,

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Advertising Marketing Customer Experience Management 230

Inside Retail

JULY 13, 2023

Coles names new data manager By Dean Blake Supermarket chain Coles has announced the appointment of David Han as general manager for its digital engineering and data division. She has a background in marketing, finance and accounting which gained from her previous roles.

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Finance Fashion Supermarket Accounting 130

Inside Retail

APRIL 19, 2021

Safety cameras are being introduced at Woolworths Supermarkets as a measure to prevent abuse of team members after assaults at its stores doubled last year. The safety measure is being introduced at five Woolworths Supermarkets in Victoria, three in New South Wales and at stores in Western Australia, South Australia and Queensland.

Supermarket 147

Supermarket Management Accounting Consumer 147

Inside Retail

MAY 19, 2021

Drakes Supermarkets is losing around $10 million each year largely due to theft in stores, according to company director John-Paul Drake. Drake recently began outing what he called “repeat offenders” by sharing CCTV footage on his social media account @shake.and.drake. When are people going to take accountability for their actions?”

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Shrinkage Loss Prevention Supermarket Beauty and Health 147

Inside Retail

MARCH 8, 2024

The new, smaller-format supermarkets will range between 7,000 to 14,000 square feet, which is about a quarter to half the footprint of an average Whole Foods Market store. According to the market research insights company Numerator, Whole Foods only accounts for 1 per cent of the national grocery store market.

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Marketing Grocer Location Supermarket 130

Inside Retail

JANUARY 23, 2022

But, in the wake of the Covid-19 pandemic, the business opened its doors to direct-to-consumer (D2C) sales to buoy the market through periods of empty supermarket shelves. But to be honest, a lot of the complications that have come with supermarkets, which are servicing millions of people, have come with the scale of their operations.

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Wholesale Consumer Supermarket Accounting 130

Retail TouchPoints

JULY 24, 2023

Some people check their email accounts hourly while others always have thousands of unread emails in their inbox. consumers have at least one email account, with the average addresses per person totaling 2.5. What works for you, likely doesn’t work for the next person.

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Marketing Retail Marketing Advertising Promotions 216

Inside Retail

JANUARY 24, 2022

observes Teaj Sian, Managing Director at Glory Global Solutions (Australia). As seen in major supermarkets, click-and-collect and self-service kiosks are now an in-store fixture, although there are more retailers from other categories deploying similar initiatives, such as sporting goods retailers, DIY stores and home hypermarkets. “In

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Payment Services Checkout Kiosk Sporting Goods 162

Retail Gazette

OCTOBER 5, 2023

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. Price stepped down as deputy chairman and managing director of Waitrose in 2016 after 33 years at the business.

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Supermarket Department Stores Grocer Returns 109

I Vend

AUGUST 17, 2022

Supermarket shopping is, for the vast majority of consumers, an essential. So what supermarket shoppers want above all is convenience. iVend Retail for Supermarket. Learn how we’re helping supermarket retailers around the world. iVend’s Grocery POS system is designed for convenience and speed.

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Payment Services Inventory Management Checkout Supermarket 52

Inside Retail

MAY 23, 2021

Asia Pacific accounted for a significant piece of the pie with a 62.6 In the past year, my neighbourhood supermarket lost out on our family grocery purchases to e-commerce providers and specialist organic food websites because we shopped online more. Asia Pacific is set to account for almost half of global consumption by 2030.

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Consumer Accounting Shopping Supermarket 246