Australia: latest retail news, insights and analysis | ESM Magazine

South Africa's Woolworths Flags Higher Profit As COVID-19 Disruption Eases

South African fashion and food retailer Woolworths expects half-year earnings to rise more than 20% year-on-year as customers return to its stores, particu...

Britain's Deliveroo Exits Australia, Citing Tough Competition

British food delivery service Deliveroo has closed its Australian business, citing a tough business environment, as consumers pulled back on takeaways due...

Meatpacker JBS's Plunging Profit Beats Forecasts

Brazil's JBS SA, the world's largest meat producer, said quarterly profit plunged 47.1%, but results still beat analysts' estimates as higher revenues help...

SPAR Australia Opens New Distribution Centre in Brisbane

SPAR Australia has announced the opening of a new distribution centre in Brisbane, Queensland, which opened on 13 October.

Australia's Woolworths Says Floods Are Hurting Potato Crops

Australian grocer Woolworths Group said heavy rain may keep squeezing supply of farm-based staples, including potato chips, as soaring shelf prices contrib...

M&S Announces Global Rollout Of Sparks Loyalty Scheme

UK retailer Marks & Spencer has announced that it has rolled out its Sparks loyalty scheme at a global level, extending the service to India and 25 oth...

Australia's Coles Flags Climate Challenge As Floods Push Up Inflation

Australia's second-biggest grocer Coles Group Ltd flagged climate change as its next big operational challenge, as floods pushed up prices in the first qua...

Brazil's Minerva, Saudi Arabia's SALIC Buy Australian Lamb Company

The Saudi Agricultural and Livestock Investment Company (SALIC) and Brazilian meatpacker Minerva has acquired the Australian Lamb Company (ALC) for 970 mil...