Australia
7-Eleven International completes $1.1b acquisition of 7-Eleven Australia
7-Eleven International completes $1.1b acquisition of 7-Eleven Australia
The agreement adds over 750 stores in Australia to 7-Eleven International's global portfolio.
Australia's Easter-labelled online candy SKUs down 10 % YoY amidst cost-of-living crisis
Still, seasonal chocolate sales are expected to outpace other chocolate confectionery types in the country.
Premium skincare brand Medipledge launches in Australia
The brand specialises in post-laser skin barrier restoration, especially for Asian skin.
Australian businesses embrace pop-ups for omnichannel success
It offers businesses a low-cost way to maintain a physical presence without the expenses of traditional stores.
Australian retail spending growth slows down to 2% YoY in 2023
Whilst traditional retail spending growth slowed, online retail increased in 2023.
Around 4 in 5 Australian households embrace online shopping in 2023
About 9.5 million households made online purchases in 2023.
Plant-based foods in Australian supermarkets face scepticism over nutritional credentials
Over 700 plant-based foods have been observed to contain variations of sodium.
The North Face to change to direct-sales format in Australia and New Zealand
VF Corporation will complete the transition to a direct-sales model by second half of 2024.
Omnichannels account for nearly half of $15b Australian online sales
Social media, AI, low costs and out-of-home returns push consumers towards omnichannels.
Woolworths CEO to retire in September
Brad Banducci will be succeeded by Amanda Bardwell.
DIYblinds names new CEO
The co-founders will serve as chief growth officer and director of the company.
Amazon overtakes eBay as the leading online marketplace in Australia: Pattern
The major e-commerce channel will attain a $5.5b turnover by the end of the year.
Toys ‘R’ Us ANZ to exit UK, focus on Australia
The UK business expansion is not within the company’s reach.
Wholesaler Metcash acquires 3 firms for $363.4m
The companies it obtained were Superior Food, Bianco Construction, and Alpine Truss
Over half of Australians wants to eat healthier in 2024
On the other hand, 26% struggle to make healthy choices.
Chuck E. Cheese enters Australia
Planned stores in Australia will feature a reimagine store concept from the pizza brand’s history.
APPF Retail disposes of Far North Queensland shopping centre
The transaction will take place in late February 2024.
Commentary
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