Coopers Brewery, one of Australia’s remaining independent commercial beer producers, has managed to increase its yearly profits despite dropping beer consumption amongst Australians.   Coopers...

Grocery retailer Metcash has today announced plans to scrap dividends alongside an AUD$640 million asset writedown due to “the increasingly competitive trading environment”. Grocery retailer Metcash...

Food and liquor sales for Woolworths ‘disappointing’ in third quarter Australian supermarket giant Woolworths’ third quarter results have shown some improvement in its food and liquor business, but...

Coles lower prices boost third quarter results for Wesfarmers Wesfarmers Limited has announced “pleasing” retail sales result of $13 billion for the third quarter of the 2015 financial year, which...

Blackmores records big profit for third quarter Australia’s major dietary supplement manufacturer Blackmores has reported a profit of $31 million for the nine months to 31 March 2015, an increase of...

Tesco woes continue in UK UK-based supermarket giant Tesco PLC (Tesco) has announced a “significant reduction” in UK trading profit for the year ended 28 February 2015, which it says is the result...

A2 Milk Company approved for ASX listing and aims US market launch with new brand message New Zealand-based dairy company the A2 Milk Company has announced that its application for listing on the Australian...

McDonald’s sees global sales drop trend continue Global fast food restaurant chain McDonald’s has announced a decrease in global comparable sales of 1.7 per cent in February 2015, continuing a downward...

Concerns about trends in Woolworths results Australian supermarket giant Woolworths has announced a drop in Net Profit After Tax of 3.1 per cent, to $1,280.4 million, for the half year ended 4 January...

Patties records profit growth but still assessing impact of frozen berries recall Australian food manufacturer Patties Foods has recorded a 3 per cent increase in profit to $8.2 million for the first half...