Wholefoods Steals Customers

As Whole Foods Market continues to slash prices at its stores, the chain is attracting competitors’ shoppers — including those from Walmart. This was according to “Competitive Impact of Lower Prices at Whole Foods,” a report from data intelligence firm Thasos Group. Immediately following Amazon’s acquisition of Whole Foods in August, the natural foods grocer…

Countdown NZ Cuts Bags

Supermarket giant Countdown will remove single-use plastic bags from its stores and e-commerce operations by the end of 2018. The move – which means 350 million shopping bags will be taken out of the system – has been welcomed by industry associations. In its press announcement today, Countdown’s managing director Dave Chambers said 83 percent of…

No Time to Relax for Tesco

Tesco is reaping the rewards of a focused recovery, as it continues to work to the six strategic priorities and overhead reductions that were set out three years ago by CEO Dave Lewis. In an intensely competitive environment the retailer has invested to lower prices, tailor its ranges and improve availability – resulting in increased…

Walmart Buys Same-Day Co.

Walmart has revealed the acquisition of Parcel, a same-day delivery service provider based in New York City. The retailer did not say how much the deal was worth. Parcel “uses routing algorithms, [and] a fleet of leased vehicles” to deliver groceries and other items from third-party retailers, such as meal-kit companies and Bonobos (now owned…

Foodland & Aldi Top Ranking

Woolworths and Coles may dominate the local supermarket space, however when it comes to customer satisfaction Foodland and Aldi win out, according to a new report from Roy Morgan Research. Among the big five supermarkets, Foodland was the top performer with a customer satisfaction score of 94.4% in August, according to the latest figures from…

ACCC Delay Woolworths – BP

The Australian Competition and Consumer Commission (ACCC) has pushed back its decision over the sale of Woolworths Ltd’s petrol stations to BP. In August, the regulator issued a draft decision under which it said it would propose a conditional approval for the deal. However, the decision for that move has now been pushed back to 30…

ATO Crackdown on Online GST

The Australian Taxation Office is beefing up its data-matching capabilities with the Department of Immigration and Border Protection ahead of the government’s contentious plan to impose GST on internet imports worth less than $1000 from July next year. The crackdown is flagged in a new submission to the Productivity Commission, which is inquiring into the…