Grocery wholesaler Metcash Ltd has released their annual results, including a 12.4% rise in annual net profit and an expected earnings growth next financial year. Revenue was up to $11.61 billion, a 4.9%...

The Australian Competition and Consumer Commission (ACCC) yesterday announced further agreements with major supermarket retailers to phase out restrictive provisions in supermarket leases in a bid to limit...

Australia’s largest independent grocery wholesaler and distributor, Metcash, has reached agreement for the supply of grocery and liquor products to the 45 supermarkets (and 8 aligned liquor stores)...

The shareholders of NSX-listed Foodworks have voted almost unanimously in favour of management’s purchase of 45 Coles outlets and eight associated Liquorland stores. The $35 million deal, which received...

The competition watchdog has today refuted claims that Coles and Woolworths exert too much dominance in Australia’s grocery sector. Graeme Samuel, Chair of the Australian Competition and Consumer...

Independent Australian food and grocery group FoodWorks has received approval from the competition regulator for the purchase of 45 supermarkets and eight associated Liquorland outlets from Coles. The...

Supermarket chain Coles has suggested that the sale of 45 supermarkets to independent grocery chain Foodworks will have a negligible impact on their ability to close the market share gap to Woolworths,...

Independent Australian food and grocery group FoodWorks has agreed to purchase 45 supermarkets and eight associated Liquorland outlets from Coles. The transfer, announced this morning by Wesfarmers –...

Australia’s largest independent grocery chain, FoodWorks, has reported strong sales growth as supermarkets continue to defy any economic deterioration. The company, which operates over 710 outlets...

Australian independent supermarket operator Foodworks has outlined a new strategy to enhance and manage distribution of their private label offering – with the help of a logistical partnership with...