G41 Food Retailing

Most of us don’t eat enough fruit and veg

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 7-Jan-15

A Roy Morgan Single Source survey has found that just two per cent of Australians aged 14+ eat two serves of fruit and five serves of vegetables each day. The survey, which was carried out in the year to October 2014, also shows that more than 60 per cent of Australians eat no more than two serves of vegetables each day, while just six per cent eat five or more serves each day. Meanwhile, 33 per cent of women and 28 per of men eat the recommended two serves of fruit each day

CORPORATES
ROY MORGAN RESEARCH LIMITED, AUSTRALIA. NATIONAL HEALTH AND MEDICAL RESEARCH COUNCIL

Discounts spur $800m retail boost

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Original article by Madeleine Heffernan
The Australian Financial Review – Page: 11 & 16 : 7-Jan-15

Data from National Australia Bank suggests that there was a 13.5 per cent increase in consumer spending in the week beginning 22 December 2014. The figures, which are based on credit card and eftpos transactions by the bank’s customers, shows that consumer spending topped $A1.2bn in the week after discretionary retailers introduced price discounts. Craig Woolford of Citigroup says many consumers waited until retailers began discounting before doing their Christmas shopping

CORPORATES
NATIONAL AUSTRALIA BANK LIMITED – ASX NAB, CITIGROUP PTY LTD, AUSTRALIA POST, DICK SMITH HOLDINGS LIMITED – ASX DSH, HARVEY NORMAN HOLDINGS LIMITED – ASX HVN, SUPER RETAIL GROUP LIMITED – ASX SUL, JB HI-FI LIMITED – ASX JBH, MACQUARIE GROUP LIMITED – ASX MQG, KATHMANDU HOLDINGS LIMITED – ASX KMD, SEPHORA USA LLC, MYER HOLDINGS LIMITED – ASX MYR, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, THE QUANTIUM GROUP PTY LTD, AUSTRALIAN RETAILERS ASSOCIATION

Pie Face hit with third New York lawsuit

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Original article by Eli Greenblat
The Australian – Page: 19 : 18-Dec-14

The landlord of a retail outlet in New York for collapsed Australian fast food chain Pie Face has launched a Supreme Court case to recover $US620,000 ($A760,000), after the company allegedly caused structural damage to the building. This is the third law suit against Pie Face in New York, with another property owner also seeking $US50,000 in outstanding rent charges and a building firm demanding to be paid close to $US120,000 for work at one of the stores

CORPORATES
PIE FACE PTY LTD, SUPREME COURT OF NEW YORK, NEW YORK ENVIRONMENTAL CONTROL BOARD

CBD retailers fear incident will dampen consumer sentiment

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Original article by Sue Mitchell
The Australian Financial Review – Page: 9 : 16-Dec-14

Australian Retailers Association CEO Russell Zimmerman says the siege at a Lindt cafe may deter consumers from shopping in the Sydney CBD in the lead-up to Christmas. Consumer sentiment has already fallen to a three-year low in December 2014, and the hostage drama may further erode consumer confidence. Some retailers in the CBD are deploying additional security staff and reconsidering their trading hours

CORPORATES
AUSTRALIAN RETAILERS ASSOCIATION, AUSTRALIAN NATIONAL RETAILERS ASSOCIATION LIMITED, MYER HOLDINGS LIMITED – ASX MYR, DAVID JONES LIMITED, WOOLWORTHS HOLDINGS LIMITED, WOOLWORTHS LIMITED – ASX WOW, LINDT AND SPRUNGLI (AUSTRALIA) PTY LTD

State government moots ban on sale of raw milk

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Original article by Beau Donelly, Kate Hagan, Marissa Caligeros
The Age – Page: 8 : 12-Dec-14

A three-year old child died and four young children became seriously ill after drinking unpasteurised cow’s milk. Victoria’s Chief Health Officer, Rosemary Lester, warned that raw milk is not fit for human consumption. It is being sold as bath milk but consumers rarely buy it for this purpose and most of them drink it. Better labelling or even a ban may be necessary

CORPORATES
UPPER GULLY ORGANICS, VICTORIA. DEPT OF HEALTH, UNITED STATES. FOOD AND DRUG ADMINISTRATION, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, VICTORIA. DEPT OF JUSTICE. CONSUMER AND BUSINESS AFFAIRS VICTORIA

Private-label brands lose their stigma

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Original article by Sue Mitchell
The Australian Financial Review – Page: 19 : 11-Dec-14

The market share of Australian supermarkets’ private-label brands has risen from 18 per cent to 21 per cent in the last two years. Research by Nielsen also shows that 76 per cent of consumers believe that the quality of home brands has improved. Kosta Conomos of Nielsen says that Generation Y in particular is embracing private-label groceries, and he forecasts that the market share of house brands will top 25 per cent within five years

CORPORATES
THE NIELSEN COMPANY (AUSTRALIA) PTY LTD, WOOLWORTHS LIMITED – ASX WOW, COLES GROUP LIMITED, WESFARMERS LIMITED – ASX WES, ALDI STORES SUPERMARKETS PTY LTD

Dollar’s fall lifts retailers’ spirits

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Original article by Eli Greenblat
The Australian – Page: 21 : 10-Dec-14

The latest Deloitte Access Economics retail forecasts study shows that the sector can expect higher margins during the 2014 Christmas period, due to the fall of the Australian dollar against the US currency. The overall sales growth figure for the calendar year is tipped to be 5.4%, compared with 3% on average per annum since 2010. The Australian National Retailers Association (ANRA) also forecasts turnover in the second week of December to reach $A7.6bn. However ANRA CEO Anna McPhee notes that retail sector margins have declined in the past three years

CORPORATES
AUSTRALIAN NATIONAL RETAILERS ASSOCIATION LIMITED, DELOITTE ACCESS ECONOMICS PTY LTD, AUSTRALIAN BUREAU OF STATISTICS

Catalogues hit the mark with shoppers

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 9-Dec-14

A Roy Morgan Single Source survey has found that 53 per cent of Australians aged 14+ read one or more store catalogues in an average week during the year to September 2014. Some 56 per cent bought a product as a result of seeing it in a catalogue. The survey also shows that 41 per cent of Australians read supermarket catalogues in an average week, and 58 per cent of these people buy items from the catalogues. Meanwhile, 38 per cent of readers buy something from a chemist’s catalogue, followed by liquor store catalogues (33 per cent)

CORPORATES
ROY MORGAN RESEARCH LIMITED, DICK SMITH HOLDINGS LIMITED – ASX DSH, WESFARMERS BUNNINGS LIMITED, IKEA TRADING PTY LTD

Who are Australia’s happiest little Vegemites?

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 8-Dec-14

A Roy Morgan Single Source survey has found that 39 per cent of Australians aged 14+ eat Vegemite (or similar spreads Promite and Marmite) at least once in an average seven-day period. The survey, which was carried out in the year to September 2014, also shows that 85 per cent of people who eat these spreads regularly were born in Australia. Some 43 per cent were born in New Zealand, while just 12 per cent of Australians who were born in Asia eat these spreads in an average seven days

CORPORATES
ROY MORGAN RESEARCH LIMITED

Metcash warns on profit growth

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Original article by Sue Mitchell
The Australian Financial Review – Page: 11 & 17 : 2-Dec-14

Listed grocery wholesaler Metcash has reported a 2014-15 interim underlying net profit of $A101.7m, which is nine per cent lower than previously. It has advised that full-year EBIT is likely to be within the range of $A315m to $A330m. CEO Ian Morrice says the initial results of the group’s five-year turnaround plan have been encouraging, but he has indicated that the group may not achieve its goal of resuming profit growth in 2016

CORPORATES
METCASH LIMITED – ASX MTS, INDEPENDENT GROCERS OF AUSTRALIA, SUPA IGA, CITIGROUP PTY LTD, DEUTSCHE BANK AG, WOOLWORTHS LIMITED – ASX WOW, COLES GROUP LIMITED, WESFARMERS LIMITED – ASX WES, ALDI STORES SUPERMARKETS PTY LTD, DANKS HOLDINGS LIMITED