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...

Global packaged water consumption to overtake carbonates in 2015 Historically carbonated soft drinks have led global soft drinks consumption, but 2015 will see packaged water overtake carbonated drinks,...

Growth in retail sales continues to slow down in Australia The Australian retail sector is expected to see a further slowing in growth nationally with the AFGC CHEP Retail Index showing growth of 4 per...

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...

Food retail faces tougher times in Australia Food retail in Australia is among the better-performing retail sectors contributing to only a modest rise is sales figures in February 2015. The Australian...

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...

Australian wholesaler and distributor of groceries Metcash is attempting to stem recent losses in its Liquor division, entering into an agreement in late February 2015 to purchase Southern Independent...

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...

Bellamy’s appoints new director to support company growth Australian baby food manufacturer Bellamy’s has announced the appointment of a new non-executive director, Launa Inman. Ms Inman joins the...