Industry Analysis & Industry Trends
Meat, fish and poultry retailers have recorded varied growth among segments during the five years through 2012-13. Soft consumer conditions, declining consumption of red meat and strong price competition between supermarkets have weighed on growth and profit margins. A recovery of beef and lamb supplies following the drought has assisted in the reduction of per-kilo costs of lamb and beef. Supermarkets have significantly outperformed smaller industry retailers over the past five years. Smaller operators have faced a surge in competition following the expansion of fresh produce on offer by chain supermarkets and other leading grocery stores. Demand for fresh meat, fish and poultry was hindered by the growing popularity of home-meal replacements... purchase to read more
Industry Report - Industry Investment Chapter
This industry experiences a medium level of capital intensity. Driven by the industry's reliance on labour as part of daily operations, retail staff are required to assist consumers with their purchase, process transactions and ensure that goods are displayed in an attractive manner. They are also responsible for the correct handling and storage of goods in accordance with health regulations. Capital costs for operators in the industry include the purchase and subsequent depreciation of goods like cash registers, scales and refrigerators. From time to time, maintenance and repair costs have also been incurred through the life of the asset. Over the past five years, there has been a surge in the number of retailers turning to the internet and selling their goods online... purchase to read more