In refusing to renew its supply contract with Metcash, Drakes Supermarkets has revealed a fundamental flaw in the company’s strategy, and the true impact of the decision has yet to be felt.
Discounters are having an adverse impact on Perth’s fruit and veg market.
Just as retailers have to trim their goodwill and asset valuations, shopping centre owners will be confronted by the same imperative as rents find their level in the new retail dynamic.
Retail/wholesale giant bullish on new market.
Wesfarmers eyes new horizons.
Retail giant moves ahead with plans for new headquarters.
New entrants into the supermarket and grocery sector are set to test the big two’s market share over the next five years.
Discount department chains vie for first Roy Morgan award.
International brands labelled a key factor underpinning forecast surge.
Retail is overdue for a clean out and we’re in the middle of it now – globally.