SYDNEY, Australia (FNS) -- The Australian Competition and Consumer Commission here said last week it has reached an in-principle agreement with Hong Kong-based Dairy Farm for the sale of the 287 supermarkets in its...
SYDNEY, Australia -- The long-expected carve-up of Australia's third-ranking supermarket chain, Franklins, was set in motion last week by its parent company, Hong Kong-based Dairy Farm International.Dairy Farm said...
SYDNEY, Australia (FNS) -- Woolworths here said it boosted profits by 12% to $167 million on sales of $4.9 billion (up 11%) in the half-year ended Jan. 7.The company, Australia's largest food retailer, said the...
PERTH, Australia (FNS) -- Foodland Associated here said its Action supermarket chain had first-quarter comparable-store sales rising 4.5% and net sales up 19.7%.Don Humphreys, Foodland chairman, said profits have...
SYDNEY, Australia (FNS) -- David Jones here, an upscale retailer, said there is great scope for expansion in the Australian food market, particularly in the meal solutions area, and is pushing ahead with plans for a...
SYDNEY, Australia (FNS) -- Supermarket sales in Australia will increase 3.7% in 2000, with a 3% annual growth forecast for the following years, according to Deloitte Touche Tohmatsu's annual Global Power of Retailing...
SYDNEY, Australia (FNS) -- The newly restructured Australian grocery wholesale distributor and marketer Metcash Trading (formerly the Davids supermarket chain) here said last week it has continued its strong recovery...
SYDNEY, Australia (FNS) -- Woolworths plans to grow at a rate of 20 to 30 supermarkets per year, J. Dahlsen, Woolworths chairman, told the annual general meeting last week.Dahlsen said the chain's growth will be...
SYDNEY, Australia -- Coles supermarkets continued to put on a strong performance in the first quarter of the year, boosting sales 7.4% to $1.8 billion.Dennis Eck, Coles chief executive officer, noted the six weeks...
SYDNEY, Australia (FNS) -- Woolworths here, Australia's leading supermarket chain, said it is just beginning to reap the benefits of cost reductions from its Project Refresh initiative aimed at revitalizing its supply...