Supermarkets and fresh produce sellers say shoppers can put shortages behind them,but growers warn La Niña could play spoiler this summer.
IGA’s operator says consumers are still doing more shopping in their local neighbourhoods than they did before the pandemic.
Lazard Select Australian Equity Fund blitzed the field to be rated by Mercer as the best-performing Australian share fund,with a 2021-22 return of almost 20 per cent.
The IGA operator hiked its dividend and announced plans to invest in a new Victorian distribution centre after posting strong earnings growth across grocery,liquor and hardware.
Major supermarkets are steering consumers towards deals on home brands with price freezes on pantry staples to help with the affordability of groceries.
Australia’s largest listed retailers are set for a volatile and potentially punishing corporate reporting season this month.
Independent supermarket operator Metcash expects supply chain disruptions at the company’s stores to be a persistent issue through the new year.
The company behind IGA supermarkets and Mitre 10 hardware stores will welcome a new CEO in February amid expectations the pandemic will continue to affect retail sales next year.
The chief of grocery wholesaler and home improvement retailer Metcash says he’s confident the dramatic changes in consumption habits caused by the COVID-19 pandemic are here to stay,at least until international borders reopen.
The head of IGA supplier Metcash,Jeff Adams,says customers are continuing to flock to independent supermarkets.
Fluffy hooded blankets,personalised coffee cups and electronics are among the items Australians are tipped to buy this festive season as retailers prepare for record Christmas spending spree.