Industry Analysis & Industry Trends
Supermarket shelves have changed significantly over the past five years. The growing popularity of private-label merchandise has led to price wars and competition across the industry. As the global economy rides out turbulent times, constraints on discretionary income have resulted in consumers remaining conscious of spending, thus exacerbating the aggressive price competition. There has been a battle of the brands between the two supermarket giants – Coles and Woolworths – with both retailers fighting for a greater share of the consumer dollar. Trading conditions across the industry have also been influenced by volatile food costs and changing consumer preferences. In the five years through 2013-14, industry revenue is expected to increase by an annualised 2.4% to $87.2... purchase to read more
Industry Report - Industry Locations Chapter
The distribution of establishments is in line with population trends, with the highest proportion of stores based in New South Wales, Victoria and Queensland. Strong population growth in Queensland over the past fifteen years has resulted in the state's proportion of establishments increasing. The entry of ALDI into the Australian industry has increased the concentration on the east coast with plans to open a significant portion of stores in Western Australia and South Australia in the coming years.
The appearance of supermarkets in capital city CBDs is a relatively new occurrence. Traditionally, major supermarkets were located in suburban shopping malls or local shopping strips. The number of supermarkets in or close to CBDs has grown as population levels have increased... purchase to read more