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Metcash

Metcash Archives

Metcash CEO announces retirement, successor

Adams had indicated to the Metcash board a desire to retire, which allowed the business to complete a global search for ...

Metcash hastens Total Tools buy up, enjoys strong FY20

Metcash still looks to have complete ownership of Total Tools towards the end of FY24.

Metcash grows into second half, bookmarks $375m for network, online growth

Metcash’s supermarket sales rose 14.4 per cent compared to the prior corresponding period, while total food sales rose 4...

Analysis: Watch out, Metcash is bouncing back

In recent years, the retail giant has struggled for growth, but last year, it made a comeback.
IGA online grocery

Metcash delivers strong first-half result despite pandemic

Shop Local movement benefits IGA during the first half, Metcash said.

Foodland investing $300m into upscaling SA business

The plan will create 2,500 jobs in the state over the next five years.
IGA online grocery

Zero to 100: Behind the scenes of IGA’s sprint online

Marc Keegan, senior manager of digital transformation at Metcash, shares how the team pulled together to launch an e-com...

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.

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.

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.