The supplier of Australia's 1600-strong IGA supermarket network has accelerated its foray into online grocery delivery.
Consumer stocks like Domino's Pizza and JB Hi-Fi were surprise beneficiaries from the COVID lockdown but a vaccine could see their wings clipped.
IGA supermarket supplier Metcash warns it will be very difficult for stores to keep up with the Christmas shopping rush under current Victorian supply chain restrictions.
Metcash expects shoppers who shifted to independent supermarkets amid the coronavirus will keep coming back as it unveiled a robust set of full-year earnings.
Aussie shoppers frustrated by empty shelves at major supermarkets have caused a surprising surge in market share across Australia's independent grocers.
The ASX fell 2.5 per cent again on Tuesday after Virgin went into administration and volatility re-emerged on global markets.
One of the few ASX-listed companies to buck the coronavirus downturn has hit pause on parts of its $270m turnaround strategy,as it seeks to raise $330m from investors.
Australian supermarkets have confirmed they've started to see a material drop-off in demand across stores after weeks of panic buying.
The head of Woolworths has implored Australians to only buy what they need.
The ASX 200 has notched its biggest one-day gain on record,soaring 5.8 per cent a day after it booked its biggest ever single-day fall,as supermarkets surged.
While retailers have been urging calm,supermarkets are tipped to book some of their best quarterly sales figures in a decade on the back of widespread panic buying.