Articles with tag metcash


Metcash acquires Home Timber & Hardware

Deal is worth $165 million.

Posted Thu 25/08/2016 12:00:00 / Read More »

Almost a tonne of batteries to be recycled

Brisbane hardware stores lead battery recycling.

Posted Tue 22/03/2016 12:00:00 / Read More »

Metcash lifts first half profit

First half profits up 20% for Metcash.

Posted Wed 02/12/2015 12:00:00 / Read More »

Metcash hits back at competitors, Aldi, Woolworths and Coles

Metcash Price Match program shows strong results.

Posted Fri 02/10/2015 12:00:00 / Read More »

Mixed fortunes for Metcash and IGA

Metcash announces $384m loss, but stronger convenience, IGA sales.

Posted Fri 19/06/2015 12:00:00 / Read More »

Metcash splits grocery business to take a "more focused approach"

Metcash has announced it will be splitting its food and grocery business into two to take a more focused approach to managing its business.

Posted Mon 09/12/2013 12:00:00 / Read More »

Metcash's half year profit increases despite price deflation

Price deflation, greater investments in marketing and intense competition has impacted Metcash's first half year results for 2014 but still made room for a profit rise.

Posted Mon 02/12/2013 12:00:00 / Read More »

Costco takes members-only retail battle to Queensland

After opening in New South Wales and Victoria, Costco is bringing the big box retail battle to Queensland with the opening of a store in North Lakes, north of Brisbane. With a number of other big box retailers nearby, the warehouse battle is just beginnin

Posted Tue 22/10/2013 12:00:00 / Read More »

Franklins conversion to Supa IGA continues

Supa IGA Supermarkets continue to grow its presence around the country as transformation of former Franklins stores take place.

Posted Tue 15/10/2013 12:00:00 / Read More »

Metcash grows Harvest Market to compete against supermarket giants

Following the successful launch of its first Harvest Market franchised store last year in Wollongong, Metcash has expanded the retail concept opening its first Sydney outlet in Rouse Hill.

Posted Thu 10/10/2013 12:00:00 / Read More »

Woolworths gets green light to buy three Supa IGAs

The Australian Competition and Consumer Commission has not opposed Woolworths' proposed acquisition of three Supa IGA supermarkets in Queensland.

Posted Fri 30/08/2013 12:00:00 / Read More »

Metcash lifts profit, plans for the future

Metcash's future success will rely on increasing marketing funds, reviewing ongoing strategies to improve productivity and thriving on the success of recent acquisitions and joint ventures.

Posted Mon 24/06/2013 12:00:00 / Read More »

Metcash farewells Andrew Reitzer after 15 years

Andrew Reitzer is handing over his reigns as CEO of Metcash after 15 years.

Posted Mon 24/06/2013 12:00:00 / Read More »

IGA launches round two of brand campaign

IGA has launched its second stage of its largest ever marketing campaign featuring comedian Anh Do.

Posted Fri 31/05/2013 12:00:00 / Read More »

Mitre 10 grows with two new joint ventures

Metcash’s hardware division Mitre 10 has entered into a joint venture with two hardware trade groups – Dahlsens and Capeview Building Supplies.

Posted Wed 08/05/2013 12:00:00 / Read More »

Anh Do the new face of IGA

Metcash is investing $10 million into a marketing campaign for its IGA supermarkets.

Posted Wed 17/04/2013 12:00:00 / Read More »

Metcash signs supply deal with Supabarn

Metcash has signed a new supply agreement with Supabarn Supermarkets, which will have an initial term of seven years.

Posted Thu 07/03/2013 12:00:00 / Read More »

Metcash introduces Harvest Market

Metcash has launched a new concept in fruit, vegetable and fresh retailing under the Harvest Market Brand.

Posted Wed 13/02/2013 12:00:00 / Read More »

IGA brings back Franklin's No Frills

Following the acquisition of Franklins' supermarkets, Metcash is giving Franklin’s No Frills private label a makeover.

Posted Fri 08/02/2013 12:00:00 / Read More »

Value Depot launches, challenging Costco

Costco has new competition in town with Metcash launching its bulk purchase wholesale warehouse called Value Depot.

Posted Fri 14/12/2012 12:00:00 / Read More »

Store closures impact on Metcash's outlook

Metcash has been forced to revise its full year underlying EPS guidance due a combination of factors that are impacting on the company's performance.

Posted Fri 30/11/2012 12:00:00 / Read More »

Metcash distribution centre awarded Green Star

One of Metcash's distribution centre is one of two industrial projects who have been the first to be awarded a Green Star rating.

Posted Tue 06/11/2012 12:00:00 / Read More »

IGA shows off Franklins conversion

IGA has launched a $3.5 million marketing and branding campaign to promote SUPA IGA’s expanded number of large format stores – 42 of which are new or proposed – across the state.

Posted Fri 12/10/2012 12:00:00 / Read More »

Metcash CEO confirms retirement

Metcash is on the hunt for a new CEO as the company confirmed Andrew Retizer’s intention to retire from the position in 2013.

Posted Fri 28/09/2012 12:00:00 / Read More »

IGA to stock Darrell Lea products

Metcash, supplier of IGA, has signed a deal with Darrell Lea's new owner the Quinn family to stock and promote the Darrell Lea range including its famous Rocklea Road and Liquorices.

Posted Fri 28/09/2012 12:00:00 / Read More »

Franklins to IGA conversion continues

More communities across the country continue to see its Franklins stores converted to IGA stores.

Posted Tue 11/09/2012 12:00:00 / Read More »

Metcash extends liquor supply

Metcash has signed a 15 year supply agreement worth approximately $655 million with Liquor Marketing Group and Hotel & Tourism Management.

Posted Thu 30/08/2012 12:00:00 / Read More »

Metcash concludes purchase of Mitre 10

Metcash Limited has confirmed that it had acquired 100 per cent ownership of the Mitre 10 Group.

Posted Wed 01/08/2012 12:00:00 / Read More »

Major grocery retailers sign up to recall system

Australia’s major food and grocery retailers have united in a call for suppliers to use the recall notification system GS1 Recallnet to better protect consumers.

Posted Wed 01/08/2012 12:00:00 / Read More »

Metcash admits to pub hunt

Andrew Reitzer, Metcash CEO, said it was true Metcash was part of joint ventures acquiring stakes in hotels but it had not allocated $100 million to the project as reported.

Posted Fri 27/07/2012 12:00:00 / Read More »

After Mitre 10, Metcash buys Autobarn and Autopro

Metcash is to acquire 75.1 per cent of the Automotive Brands Group (ABG) for $53.8 million.

Posted Mon 02/07/2012 12:00:00 / Read More »

Metcash acquires Mitre 10

Metcash CEO, Andrew Reitzer, announced last week the company is preparing a complete takeover of Mitre 10 Group.

Posted Mon 25/06/2012 12:00:00 / Read More »

IGA tailors to the gourmet tastebuds

In aim to create a more targeted shopping experience for locals, IGA has launched IGA Marketplace in Sydney that has been designed to cater for the young inner-city dwellers.

Posted Fri 18/05/2012 12:00:00 / Read More »

Metcash signs JV with Victorian hardware group

Metcash's Mitre 10 has signed a joint venture with a Victorian hardware group Fagg's Geelong.

Posted Wed 16/05/2012 12:00:00 / Read More »

Metcash welcomes new GM

Metcash has appointed John Mac Laren to the position of general manager of Metcash food and grocery Queensland/Northern NSW.

Posted Tue 10/04/2012 12:00:00 / Read More »

Job cut, store closure: Metcash

Almost 500 Metcash staff will lose their jobs as a result of the company's strategic review into the company.

Posted Tue 03/04/2012 12:00:00 / Read More »

Independent hardware jumps group

Sydney's Sunlite has switched banners from Danks/Thrifty Link to Metcash's Mitre 10 banner as the groups look to expand their country-wide footprint.

Posted Thu 29/03/2012 12:00:00 / Read More »

Metcash's new marketing leader

Following the recent announcement that Metcash would bring its food and grocery function into one business, the company has appointed Michele Teague as general manager marketing for Metcash Food & Grocery.

Posted Tue 06/03/2012 12:00:00 / Read More »

Ritchies buys three Franklins stores

The Bateau Bay, Erina Heights and Woy Woy store are three of nine stores sold to the Ritchies across NSW and will be converted to the IGA brand.

Posted Mon 06/02/2012 12:00:00 / Read More »

Metcash grows food and grocery staff

With a focus to grow its food and grocery department, Metcash has appointed Silvestro Morabito to the new position of chief operating officer food and grocery.

Posted Wed 25/01/2012 12:00:00 / Read More »

Metcash begins supermarket conversion

Metcash has begun converting the Franklins' corporate stores to the IGA banner and independent ownership.

Posted Mon 19/12/2011 12:00:00 / Read More »

ACCC gives in to Metcash

This comes after the federal court dismissed the ACCC's appeal against Justice Emmett’s decision on Metcash's acquisition of the Franklins supermarket business.

Posted Tue 06/12/2011 12:00:00 / Read More »

ACCC considers federal courts' decision

This comes in the wake of the federal court dismissing the ACCC’s application to prevent Metcash from acquiring the Franklins business.

Posted Thu 01/12/2011 12:00:00 / Read More »

Metcash upgrades full year forecast

Despite reporting a 14 per cent fall in first-half year profit, Metcash has upgraded its financial forecast for the full year to low-to-mid single digit growth.

Posted Wed 30/11/2011 12:00:00 / Read More »

Metcash seeks buyers for Franklins stores

Metcash is in its final stage of its campaign to sell the Franklins supermarkets to IGA retailers.

Posted Fri 11/11/2011 12:00:00 / Read More »

Metcash completes Franklin acquisition

More than a year since announcing the deal on 1 July 2010, Metcash has completed its $215 million acquisition of Franklins supermarket chain from Pick n Pay Retailers.

Posted Fri 30/09/2011 12:00:00 / Read More »

Metcash gets tick of approval

This comes after the Federal Court decided not to grant the ACCC an interim injunction to restrain the process until a full appeal is heard and determined.

Posted Wed 21/09/2011 12:00:00 / Read More »

ACCC's battle against Metcash continues

The ACCC has applied to the Full Court for an interim injunction, which would restrain Metcash’s move until ACCC’s appeal is heard and determined.

Posted Mon 19/09/2011 12:00:00 / Read More »

ACCC appeals as Metcash proposes acquisition

The ACCC is appealing against the Federal Court’s decision to dismiss its application to prevent Metcash from acquiring the Franklins supermarket business.

Posted Mon 12/09/2011 12:00:00 / Read More »

Metcash wins acquisition rights

The federal court has dismissed the ACCC's application to prevent Metcash from acquiring the Franklins supermarket chain from Pick 'n Pay Retailers.

Posted Mon 29/08/2011 12:00:00 / Read More »

Metcash goes green

The company has commenced the rollout of an energy saving program following a successful trial in Supa IGA and IGA supermarkets that produced 50 per cent savings from their electricity bills.

Posted Fri 05/08/2011 12:00:00 / Read More »

Metcash extends Franklins deadline

Metcash and Pick n Pay Retailers are extending the cut-off date in their agreement to acquire issued shares in Interfrank Group Holdings.

Posted Mon 01/08/2011 12:00:00 / Read More »

Metcash posts 6.1% profit lift

It said that its profit after tax grew from $227.6 million to $241.4 million for the year to 30 April 2011 but still expects market conditions to remain challenging for the rest of the calendar year.

Posted Tue 07/06/2011 12:00:00 / Read More »

Supporting one of their own

Metcash, its Campbells Wholesale division and their suppliers, have chipped in together to save a Lucky 7 convenience store at Grantham that was affected by the Queensland floods.

Posted Wed 04/05/2011 12:00:00 / Read More »

Metcash, ACCC court case begins

This comes after the ACCC was seeking to block Metcash from acquiring 79 corporate stores, 10 franchised stores plus all Franklins stores in NSW from Pick n Pay Retailers for approximately $215 million.

Posted Mon 14/03/2011 12:00:00 / Read More »

Metcash buys POS systems provider

SSA provides advanced point of sale systems to independent retailers in the grocery, liquor, hardware, fuel and convenience sectors.

Posted Thu 10/03/2011 12:00:00 / Read More »

Metcash suffers in difficult environment

The grocery and liquor wholesaler has downgraded its full year earnings guidance from the range of 6 to 8 per cent to 3 to 5 per cent.

Posted Thu 03/03/2011 12:00:00 / Read More »

Metcash scores more clients

The arrangement follows 7-Eleven’s acquisition of Mobil in October, whose 400 convenience stores across the country are already supplied by C-Store Distribution.

Posted Thu 03/02/2011 12:00:00 / Read More »

Metcash gets case ready

Metcash said it is currently preparing its case for when it meets the ACCC in the Federal Court after the company's decision to acquire the Franklins supermarket chain was overruled by the consumer watchdog.

Posted Thu 27/01/2011 12:00:00 / Read More »

Metcash supports the hungry

Metcash has signed as a national donor to Australia’s largest hunger relief organisation, Foodbank.

Posted Thu 02/12/2010 12:00:00 / Read More »

The pressure is on for Metcash

The company saw its wholesale sales rise 5.8 per cent to $5.94 billion while its EBITA grow 7.7 per cent to $199.4 million for the six months to October 31 2010.

Posted Wed 01/12/2010 12:00:00 / Read More »

Metcash, ACCC to meet in court

The ACCC will be undertaking legal action to prevent Metcash from acquiring the Franklins supermarket chain from South Africa's Pick n Pay Retailers.

Posted Tue 30/11/2010 12:00:00 / Read More »

ACCC overrules Metcash acquisition

Metcash said it will be closely reviewing its options after the ACCC rejected its proposed acquisition of the Franklins supermarket business.

Posted Fri 19/11/2010 12:00:00 / Read More »

Metcash recognised as Carbon Leader

Since commencing carbon emissions tracking in 2008, Metcash is now on the Australia & New Zealand CDP Leaders Index after reporting for the first time this year.

Posted Thu 21/10/2010 12:00:00 / Read More »

Metcash to open giant warehouse

The facility will become Metcash’s primary NSW distribution centre for the storage, handling and wholesale distribution.

Posted Mon 18/10/2010 12:00:00 / Read More »

Pick n Pay's plan B

Franklins' parent company Pick n Pay has announced that it has an alternative exit strategy in place if the ACCC do not approve its sale to Metcash.

Posted Thu 14/10/2010 12:00:00 / Read More »

Metcash appoints new director

Metcash chairman Peter Barnes has appointed Fiona Balfour as a director of the board.

Posted Wed 13/10/2010 12:00:00 / Read More »

Metcash, ACCC to hold talks

Last month, the consumer watchdog raised concerns that the acquisition of Franklins’ wholesale and retail business could reduce competition in the wholesale grocery market.

Posted Mon 11/10/2010 12:00:00 / Read More »

Metcash beats former executive

Grocery and liquor wholesale, distributor and marketer Metcash has been successful in its court action against former CEO of IGA Distribution Lou Jardin.

Posted Fri 01/10/2010 12:00:00 / Read More »

ACCC to consider Metcash's deal

The ACCC has expressed its concerns about Metcash's proposed acquisition of the Franklins' 85 supermarkets.

Posted Fri 24/09/2010 12:00:00 / Read More »

Metcash continues to profit after 11 years

For the eleventh consecutive year, Metcash has recorded another record profit increase.

Posted Mon 06/09/2010 12:00:00 / Read More »

Metcash acquires Franklins supermarket chain

Metcash is acquiring the Franklins chain of 85 supermarkets, comprising 77 corporate stores plus supply to eight franchised stores.

Posted Thu 08/07/2010 12:00:00 / Read More »

Metcash profit up 12.4 per cent

Metcash's profit has increased by 12.4 per cent to $227.6 million from $202.5 million for the year to 30 April 2010. Wholesale sales rose by 4.9 per cent rise to $11.51 billion from $10.97 billion.

Posted Fri 04/06/2010 12:00:00 / Read More »

Major supermarkets to phase out restrictive leases

The Australian Competition and Consumer Commission has made further agreements with major supermarket operators to phase out restrictive provisions in supermarket leases.

Posted Tue 09/02/2010 12:00:00 / Read More »

Metcash to acquire 50.1% of Mitre 10

Metcash will pay an estimated $55 million for a 50.1 per cent stake in Mitre 10 Group.

Posted Fri 11/12/2009 12:00:00 / Read More »

Metcash boosts half year profit and cash flow

Grocery and liquor wholesaler Metcash said revenue was up 6.6 per cent to $5.6 billion, despite intense competition in the grocery sector, lower levels of inflation and price deflation in the produce sector.

Posted Tue 01/12/2009 12:00:00 / Read More »

Metcash plans takeover bid for Mitre 10

Metcash is planning a takeover bid for Mitre 10, aiming to acquire 100 per cent of the group in either 2012 or 2013 and become the 'champion of the independent hardware retailer'.

Posted Fri 27/11/2009 12:00:00 / Read More »

Woolworths cancels Metcash Queensland contract

Metcash stands to lose $420 million in sales in the 2011 financial year following Woolworths' decision to cancel its supply contract in Queensland with the company's liquor division.

Posted Fri 11/09/2009 12:00:00 / Read More »

Metcash to supply Foodworks' Coles supermarkets

Metcash has reached agreement for the supply of grocery and liquor products to the 45 supermarkets (and eight aligned liquor stores) that Foodworks will acquire from Coles.

Posted Mon 07/09/2009 12:00:00 / Read More »

IGA and Metcash agree to share profits

The IGA chain of supermarkets has signed a deal with its principal supplier and owner of the IGA brand Metcash to share the proceeds of growth and major expansion projects.

Posted Fri 17/07/2009 12:00:00 / Read More »

IGA and Metcash commit to local products

Australia's largest independent grocery supplier, Metcash, and 1270 IGA supermarkets have pledged to support Australian producers and suppliers in the food chain, while doubling their charitable contributions to local communities.

Posted Thu 07/05/2009 12:00:00 / Read More »

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