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“No immediate impact”: Experts weigh in on Senate Committee’s recommendations

Inside Retail

This week, the Senate Committee on Supermarket Prices made 14 recommendations for the Government to consider amending the Competition and Consumer Act 2010 to end the alleged price gouging of the major supermarkets. This will allow consumers to align and ‘buycott’ from a supermarket that promotes their values.

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NRF Hot 25 List Spotlights Fastest-Growing Retailers

Retail TouchPoints

Mexican grocer Chedraui , Raley’s Supermarkets and Primark Stores have topped the National Retail Federation’s 2023 Hot 25 Retailers list, which ranks the fastest-growing retail companies in the U.S. Raley’s Supermarkets, No. expansion ), BJ’s Wholesale and Costco. 6, also with 30% growth. By contrast, Grocery Outlet (No.

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Analysis: Synergies begin to show after merger of SEA hypermarkets

Inside Retail

Soon after Britain’s Tesco abandoned its retail business in Thailand and Malaysia in early 2021, its buyer, Thailand’s Charoen Pokphand Group, merged it with its Siam Makro wholesale arm. 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.

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Morrisons posts strongest like-for-like sales growth in three years

Retail Gazette

The supermarket saw like-for-like sales, excluding fuel, soar 4.6% ” He added: “For longer term and sustainable growth, we have developed new plans for growth in wholesale, convenience, franchise, export markets and global sourcing and we are now moving quickly to implement them.” rise the year before.

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Why international stores are key to Costco’s future growth

Inside Retail

Costco Wholesale Corporation, the world’s third-largest retailer after Walmart and Amazon, has a wacky fiscal year that is out of sync with most retailers: Its FY23 ended 3 September and its annual report was released on 11 October. In Asia, member-based companies have in the past focused heavily or exclusively on wholesale customers.

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Why this vegan ice-cream brand is taking off in Singapore and Malaysia

Inside Retail

Ishpal and Serina Bajaj The story so far “When we started the brand back in 2017 in Malaysia, we realised that there was a huge gap in the market as there were no plant-based options available. The consumer packaged goods route is beneficial as we can be on shelves in supermarkets and drive growth by being in multiple touchpoints.

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‘Not satisfied’: Regulator talks tough on Foodstuffs NZ merger

Inside Retail

“We are continuing to explore the issues set out in this SOI, but we are currently not satisfied that the proposed merger would not substantially lessen competition due to unilateral effects in markets for the acquisition of groceries. The value of those suppliers’ outside options would consequently be reduced.

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