Australian food and grocery wholesaler, Metcash, has been caught up in the difficulties of an increasingly competitive supermarket sector. Metcash today reported profits of AUD $82.8 million for the first...
Late last week Woolworths announced the results for its 2016 financial year which included its first loss in 23 years as a public company.
Woolworths has however outlined its top five priorities it will...
Independent supermarket wholesale group, Metcash, is expected to finalise its acquisition of Woolworths’ Home Timber and Hardware by the end of this week.
One Wednesday 24 August 2016, Metcash requested...
Regular readers of Australian Food News are well aware of Woolworths’ recent travails.
From its failed venture into hardware through Masters to other failed management strategies, Woolworths over the...
Controversy still surrounds the introduction of the ‘Effects test’ with the Labor Party Opposition spokesperson Andrew Leigh criticising the Australian Competition and Consumer Commission’s (ACCC)...
The Australian Competition and Consumer Commission (ACCC) is inviting comments on a draft undertaking from Metcash which intends to resolve concerns regarding its proposed acquisition of Woolworth’s...
Australia’s largest supermarket group Woolworths has had its credit rating downgraded after the release of financial results yesterday disclosed another drop in sales in the latest quarterly results.
The...
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