Treasury’s premium clear out of Penfolds Grange

Original article by Julie-Anne Sprague
The Australian Financial Review – Page: 23 & 28 : 30-Oct-14

Treasury Wine Estates MD Mike Clarke refutes claims that the company is providing retailers with discounts on its flagship Penfolds Grange. Some liquor store operators say they have been offered a rebate on the 2009 vintage of up to 30 per cent. Clarke says Treasury has increased its marketing support for retailers after the group opted to release the 2009 and 2010 vintages in the same calendar year

CORPORATES
TREASURY WINE ESTATES LIMITED – ASX TWE, PENFOLDS WINES PTY LTD, WOOLWORTHS LIMITED – ASX WOW, DAN MURPHY’S

Meat and greet: where Aussies buy their fresh meat

Original article by Roy Morgan Research
Market Research Update – Page: Online : 28-Oct-14

A Roy Morgan Single Source survey has found that 73 per cent of grocery buyers in Australian cities bought fresh meat in an average seven-day period in the year to June 2014, compared with 72 per cent in 2010. Meanwhile, the number of grocery buyers in country areas who buy fresh meat has risen from 74 per cent to 77 per cent over the same period. The survey also shows that grocery buyers in the city are more likely than rural shoppers to buy their fresh meat from specialty retailers rather than supermarkets

CORPORATES
ROY MORGAN RESEARCH LIMITED

Coles was ‘entitled’ to payments

Original article by Eli Greenblat
The Australian – Page: 17 : 20-Oct-14

Ian McLeod, CEO of the Coles retailing arm of Wesfarmers for six years until mid-2014, has rejected allegations by the Australian Competition & Consumer Commission (ACCC). The watchdog claims that the supermarkets chain in 2010 acted unconscionably, when it demanded suppliers bear the cost of wastage as well as make payments so that Coles could reach its profit goals. McLeod says no unethical practices were engaged in during the group’s relationships with grocery companies. The ACCC court action names five suppliers as having been affected

CORPORATES
WESFARMERS LIMITED – ASX WES, COLES GROUP LIMITED, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, DEUTSCHE BANK AG

Leverage from two-tier wages

Original article by Joanna Mather
The Australian Financial Review – Page: 14 : 17-Oct-14

The new enterprise agreements for warehouse staff at Coca-Cola Amatil and Woolworths provide for new employees to be paid lower wages than existing staff. The new agreement for staff at Woolworths’ distribution facility in Brisbane includes a four per cent pay rise for current employees, higher annual leave loadings and an increase in loadings for shift workers

CORPORATES
COCA-COLA AMATIL LIMITED – ASX CCL, WOOLWORTHS LIMITED – ASX WOW, HOLDING REDLICH, AUSTRALIAN DEFENCE FORCE

Competition watchdog won’t call for Woolies liquor split

Original article by Julie-Anne Sprague
The Australian Financial Review – Page: 15 & 22 : 6-Oct-14

A former Woolworths executive has claimed that the retail giant has too much market power in the liquor sector. Tony Leon says Woolworths should be forced to divest one of its liquor chains, as its market dominance allows it to put pressure on liquor suppliers. However, Australian Competition & Consumer Commission chairman Rod Sims says forcing companies to offload assets should not be within the regulator’s purview, arguing that it can already address concerns about abuse of market power

CORPORATES
WOOLWORTHS LIMITED – ASX WOW, BWS – BEER WINE SPIRITS, DAN MURPHY’S, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, COLES GROUP LIMITED, WESFARMERS LIMITED – ASX WES, IBISWORLD PTY LTD, LIQUORLAND (AUSTRALIA) PTY LTD, VINTAGE CELLARS (AUSTRALIA) PTY LTD, FIRST CHOICE LIQUOR SUPERSTORE, AUSTRALIAN LEISURE AND HOSPITALITY GROUP LIMITED, AUSTRALIAN NATIONAL RETAILERS ASSOCIATION LIMITED, STEVE’S LIQUOR, METCASH LIMITED – ASX MTS, AUSTRALIAN LIQUOR MARKETERS PTY LTD, CELLARBRATION PTY LTD, BOTTLE-O, IGA LIQUOR

Dan Murphy’s draws on the right connections

Original article by Richard Gluyas
The Australian – Page: 19 : 2-Oct-14

Brad Banducci, director of the liquor group at Woolworths, says its Dan Murphy’s chain is about to undergo a major transformation. It is launching the new Connections online sales site, which will eventually have some 20,000 items on offer. This compares with about 8,200 in the "bricks and mortar" outlets, and the demand trends on the internet will in future also influence what lines are stocked in the stores. Suppliers will need to pay a quarter of the retail price to have their products listed, and Woolworths will save on inventory costs

CORPORATES
WOOLWORTHS LIMITED – ASX WOW, DAN MURPHY’S

The drinking habits of AFL supporters

Original article by Roy Morgan Research
Market Research Update – Page: Online : 23-Sep-14

A Roy Morgan Single Source survey has found that 35 per cent of Australians aged 18+ watch the AFL Grand Final on TV. The survey, which was carried out in the year to June 2014, also shows that Brisbane Lions fans are 1.5 times more likely than the average Australian to drink rum in an average four week-period, and 29 per cent more likely to drink premium or imported beer. Meanwhile, Melbourne Demons fans are 79 per cent more likely than the average Australian to drink red wine in an average four weeks, and 92 per cent more likely to have drunk champagne or sparkling wine

CORPORATES
ROY MORGAN RESEARCH LIMITED, AUSTRALIAN FOOTBALL LEAGUE, BRISBANE LIONS FOOTBALL CLUB, MELBOURNE FOOTBALL CLUB, HAWTHORN FOOTBALL CLUB, SYDNEY SWANS FOOTBALL CLUB, ADELAIDE CROWS FOOTBALL CLUB, GREATER WESTERN SYDNEY FOOTBALL CLUB, WESTERN BULLDOGS FOOTBALL CLUB, PORT ADELAIDE FOOTBALL CLUB, CELLARBRATION PTY LTD, TYRRELL’S WINES

Bickford’s cordial: the sweet taste of success

Original article by Roy Morgan Research
Market Research Update – Page: Online : 11-Sep-14

A Roy Morgan Consumer Source survey has found that 23.9 per cent of Australians aged 14+ bought cordial in an average four-week period in the year to June 2014. This compares with 31 per cent in the year to June 2010. While sales of most cordial brands fell over this period, Bickford’s has bucked the trend. Some 5.5 per cent of Australians bought the brand in the year to June 2014, compared with 3.2 per cent four years earlier. Roy Morgan’s Helix Personas profiling tool shows that members of the high-earning Metrotechs and Leading Lifestyles communities are most likely to buy Bickford’s cordials

CORPORATES
ROY MORGAN RESEARCH LIMITED,{SPAC}BICKFORD’S AUSTRALIA PTY LTD,{SPAC}GOLDEN CIRCLE LIMITED,{SPAC}COTTEE’S,{SPAC}COLES GROUP LIMITED,{SPAC}CASCADE BEVERAGE COMPANY,{SPAC}EXTRA JUICY

Woolworths’ pub fund lightens load with $603m property sale

Original article by Ben Wilmot, Richard Gluyas
The Australian – Page: 17 : 9-Sep-14

Real estate funds management group Charter Hall and industry superannuation fund HOSTPLUS will jointly pay $A603m via a new unlisted vehicle to acquire pub assets. The seller of the freehold properties is the ALH Group linked to bottle shops and pubs operator Woolworths. The latter, through its venture with entrepreneur Bruce Mathieson, will lease back the 54 sites. The real estate holdings divestment by Woolworths has now reached $A2.9bn in value

CORPORATES
WOOLWORTHS LIMITED – ASX WOW, CHARTER HALL GROUP – ASX CHC, AUSTRALIAN LEISURE AND HOSPITALITY GROUP LIMITED, BRUANDWO PTY LTD, HOST-PLUS, MH CARNEGIE AND COMPANY PTY LTD, AUSTRALIAN PUBS FUND, DAN MURPHY’S, BWS – BEER WINE SPIRITS, SHOPPING CENTRES AUSTRALASIA PROPERTY GROUP – ASX SCP, LAUNDY HOTELS PTY LTD, TELSTRA STAFF SUPERANNUATION SCHEME, ALE PROPERTY GROUP – ASX LEP, HOTEL PROPERTIES INVESTMENTS – ASX HPI, COLES GROUP LIMITED, WESFARMERS LIMITED – ASX WES

Coles confirms job cuts in Melbourne

Original article by Sue Mitchell
The Australian Financial Review – Page: 23 : 4-Sep-14

Management confirmed on 3 September 2014 that Coles Group will retrench and redeploy 400 Melbourne support staff. The close to $A40 million in savings arising from the retrenchments will be used to revamp stores and cut grocery prices. The restructure is the largest by the supermarket chain since its 2007 acquisition of Wesfarmers. Several general managers recruited as part of the $A20 billion takeover are said to be leaving Coles under its new MD, John Durkan

CORPORATES
WESFARMERS LIMITED – ASX WES, COLES GROUP LIMITED, WOOLWORTHS LIMITED – ASX WOW, MORGAN STANLEY AUSTRALIA LIMITED, ACCENTURE AUSTRALIA LIMITED