G41 Food Retailing

Harvey Norman cooking with gas as housing booms

roymorgansocial Leave a comment

Original article by Madeleine Heffernan
The Australian Financial Review – Page: 23 : 9-Apr-15

Australian retail sales topped $A24bn in February 2015. Sales were 0.7 per cent higher than in January, and 0.4 per cent higher than the same period in 2014. UBS is upbeat about the outlook for homewares and furniture retailer Harvey Norman, due to its exposure to the residential property market. However, UBS has "sell" recommendations on grocery groups Woolworths and Metcash

CORPORATES
HARVEY NORMAN HOLDINGS LIMITED – ASX HVN, UBS HOLDINGS PTY LTD, WOOLWORTHS LIMITED – ASX WOW, METCASH LIMITED – ASX MTS, INDEPENDENT GROCERS OF AUSTRALIA, COLES GROUP LIMITED, WESFARMERS LIMITED – ASX WES, AUSTRALIAN BUFFALO INDUSTRY COUNCIL

Would you buy food labelled ‘Made in China’?

roymorgansocial Leave a comment

Original article by Roy Morgan Research
Market Research Update – Page: Online : 8-Apr-15

A Roy Morgan Single Source survey has found that 88 per cent of Australians aged 14+ were more likely to buy food if it is labelled "Made in Australia" in the year to December 2014. This compares with 85 per cent in 2013. Meanwhile, the number of Australians who say they would be more likely to buy food labelled "Made in China" rose from five per cent to six per cent in 2014. The survey also shows that people who are more likely to buy Chinese-made food products are less likely to be concerned about whether food is fattening, genetically modified or additive-free

CORPORATES
ROY MORGAN RESEARCH LIMITED

Woolworths advised to cut everyday prices in grocery war

roymorgansocial Leave a comment

Original article by Sue Mitchell
The Australian Financial Review – Page: 15 : 7-Apr-15

Price competition between Woolworths, Coles and IGA is escalating. UBS states in a new report that the level of intensity in competition between Australian supermarket chains is rising, which suggests that an all-out price war is likely to erupt. UBS advises Woolworths to protect its market share by reducing the prices of popular products and cutting the number of products on promotion

CORPORATES
WOOLWORTHS LIMITED – ASX WOW, COLES GROUP LIMITED, INDEPENDENT GROCERS OF AUSTRALIA, METCASH LIMITED – ASX MTS, ENERGIZER AUSTRALIA PTY LTD, CADBURY AUSTRALIA LIMITED, KIRKS FINE FOODS, ALBERT HEIJN, KONINKLIJKE AHOLD NV, UBS HOLDINGS PTY LTD, ALDI STORES SUPERMARKETS PTY LTD, SAFEWAY INCORPORATED, KROGER COMPANY, TESCO PLC, J SAINSBURY PLC, ASDA GROUP PLC, WESFARMERS LIMITED – ASX WES

Mixed bag for Easter retailers

roymorgansocial Leave a comment

Original article by Ewin Hannan
The Australian Financial Review – Page: 7 : 7-Apr-15

Australian Retailers Association executive director Russell Zimmerman notes that some retailers in Sydney chose to trade on 6 April 2015, despite the public holiday. Restaurateur Mark Scanlan opened one of his three Sydney restaurants on Easter Monday. He has described penalty rates for working on public holidays as "prohibitive", and has called for workplace law reform

CORPORATES
AUSTRALIAN RETAILERS ASSOCIATION, GARFISH, SHOP, DISTRIBUTIVE AND ALLIED EMPLOYEES’ ASSOCIATION, RESTAURANT AND CATERING INDUSTRY ASSOCIATION OF AUSTRALIA INCORPORATED

Easter: the perfect excuse to eat chocolate…

roymorgansocial Leave a comment

Original article by Roy Morgan Research
Market Research Update – Page: Online : 31-Mar-15

A Roy Morgan Single Source survey has found that 65 per cent of Australians aged 18+ ate chocolate at least once in an average four-week period in the year to December 2014. The survey also shows that across different Body Mass Indexes, the proportion of chocolate-eaters varies only slightly: 64 per cent of underweight adults, 64 per cent of those whose weight is acceptable and 65 per cent of overweight adults eat chocolate in an average four weeks. At 68 per cent, obese adults are the most likely to indulge in any given four weeks, but only marginally

CORPORATES
ROY MORGAN RESEARCH LIMITED, CADBURY AUSTRALIA LIMITED, LINDT AND SPRUNGLI (AUSTRALIA) PTY LTD

From rice to noodles: how Aussie parents’ wealth and health attitudes affect what their kids eat

roymorgansocial Leave a comment

Original article by Roy Morgan Research
Market Research Update – Page: Online : 25-Mar-15

A Roy Morgan Single Source survey, which was carried out in the year to December 2014, has found that 50 per cent of Australian parents with children under the age of 16 in the home said they try to buy additive-free food. This compared with 45 per cent in 2010. The survey also shows that 54 per cent of parents in the top AB socio-economic quintile agree that "I try to buy additive-free food", as do 52 per cent of those in the C quintile. However, just 40 per cent of parents in the lowest FG quintile say they try to avoid buying food with additives

CORPORATES
ROY MORGAN RESEARCH LIMITED

From rice to noodles: how Aussie parents’ wealth and health attitudes affect what their kids eat

roymorgansocial Leave a comment

Original article by Roy Morgan Research
Market Research Update – Page: Online : 25-Mar-15

A Roy Morgan Single Source survey, which was carried out in the year to December 2014, has found that 50 per cent of Australian parents with children under the age of 16 in the home said they try to buy additive-free food. This compared with 45 per cent in 2010. The survey also shows that 54 per cent of parents in the top AB socio-economic quintile agree that "I try to buy additive-free food", as do 52 per cent of those in the C quintile. However, just 40 per cent of parents in the lowest FG quintile say they try to avoid buying food with additives

CORPORATES
ROY MORGAN RESEARCH LIMITED

Myer defends timing of downgrade

roymorgansocial Leave a comment

Original article by Madeleine Heffernan
The Australian Financial Review – Page: 19 : 25-Mar-15

Myer Holdings’ disclosure practices came under scrutiny after its 2014-15 full-year earnings forecast was reduced by up to 24 per cent. Critics have argued that the group should have advised of the earnings downgrade when it revealed management changes several weeks earlier. However, Myer has told the ASX that its directors did not become aware that full-year profits would be lower than expected until the day before its interim results were released

CORPORATES
MYER HOLDINGS LIMITED – ASX MYR, ASX LIMITED – ASX ASX, AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION

Caffeine wars: which city is Australia’s coffee capital?

roymorgansocial Leave a comment

Original article by Roy Morgan Research
Market Research Update – Page: Online : 24-Mar-15

A Roy Morgan Single Source survey has found that 56.8 per cent of Australians aged 14+ visited a cafe in an average three-month period in the year to December 2014, compared with 53.7 per cent in 2010. The survey also shows that 38.4 per cent of the population bought fresh coffee in any given four weeks in 2014, up from 36.3 per cent in 2010. Meanwhile, 63.3 per cent of Melburnians pay at least one visit to a cafe for coffee or tea in an average three months, ahead of Hobart residents (62.7 per cent) and Sydneysiders (61 per cent)

CORPORATES
ROY MORGAN RESEARCH LIMITED

Improved customer service the key to boosting Myer sales

roymorgansocial Leave a comment

Original article by Sue Mitchell
The Australian Financial Review – Page: 13 : 18-Mar-15

It is estimated that about 28 per cent of people who visit a Myer store actually make a purchase. Citigroup says Myer should hire an average of six additional staff at each store in order to improve customer service and lift its sales conversion rate. Some analysts also suggest that the department store group should seek to lift sales by increasing its expenditure on marketing, IT, e-commerce and store refurbishments

CORPORATES
MYER HOLDINGS LIMITED – ASX MYR, CITIGROUP PTY LTD, DEUTSCHE BANK AG, CREDIT SUISSE (AUSTRALIA) LIMITED, MERRILL LYNCH (AUSTRALIA) PTY LTD, NORDSTROM INCORPORATED, DEBENHAM INTERNATIONAL, RH MACY AND COMPANY INCORPORATED, WOOLWORTHS LIMITED – ASX WOW