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Metcash

Metcash Archives

Metcash reaps benefits as consumers shop more locally

Metcash says sales continue to benefit from the change in consumer behaviour since the advent of Covid-19.
Image of Total Tools storefront

Metcash enters binding agreement to acquire Total Tools

Wholesaler moves forward with acquisition of national tool retail franchise.
Image of a store entrance to a Coles supermarket

ACCC wants supermarkets to continue working together

The nation’s biggest supermarkets set to continue working together to overcome challenges associated with Covid-19.

IGA supplier Metcash seeks to raise $330 million

Metcash has begun a $330 million equity raising, saying it needs fiscal flexibility during the coronavirus crisis.
Supermarkets

There’s a long road ahead for struggling Metcash

Kaufland's exit eliminates a potentially dangerous new competitor, but Metcash remains vulnerable.

Metcash half-year results tumble on lost supply contracts

Metcash delivered a net loss of $152 million in 1H20.

Metcash flags $237.4m impairment following loss of 7-Eleven contract

Retail group signals an expected $15 million loss to its food pillar.

Metcash shares hit by lost 7-Eleven deal

7-Eleven won't renew its contract with the food and beverage distributor.

Drakes departs Metcash to go solo with opening of $125m DC

Metcash’s largest wholesale supermarket officially opens its own distribution centre.

Food and liquor drive first quarter sales: Metcash

Hardware sales continue downturn due to slowing construction activity.
Supermarkets

Metcash independents see market share under threat

A reinvigorated Metcash is still being squeezed, as competitors retool their strategies.

Metcash adds two retail veterans to board

Australian food and grocery wholesaler adds new non-executive directors.

Metcash secures new deal with Drakes Supermarkets

Metcash secures new deal to supply Drakes Supermarkets’ Foodland stores in South Australia.
Supermarkets

Grocery giants face the music

Coles and Woolworths face an onslaught of international competitors with brand-new gameplans.

Metcash trialling smaller formats, corporate stores as part of five-year plan

Small format IGA stores among the impending growth initiatives.
gender equal

Retailers largely absent from list of gender equal firms

Metcash named one of a few retail 'employers of choice' for gender equality.

Work begins on ‘best in class’ Metcash distribution centre

The centre will offer increased operational efficiencies and a wider range of product to retailers.
People

Inside Retail Top 50 influential retailers list

Wesfarmers’ Rob Scott rises to the top.

Metcash books modest earnings bump in challenging conditions

Earnings reach $95.8 million in the first half of fiscal 2019.

Metcash signs deal to construct new South Australian DC

The new 68,000 sqm distribution centre is set for completion in 2020.