Woolworths Supermarkets Agreement 2018
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Kaufland Australia Proposed Store Mornington, Melbourne Economic Impact Assessment
Kaufland Australia Proposed store Mornington, Melbourne Economic Impact Assessment November 2018 Prepared by: Anthony Dimasi, Managing Director – Dimasi & Co [email protected] Prepared for Kaufland Australia Table of contents Executive summary 1 Introduction 5 Section 1: The supermarket sector – Australia and Victoria 6 Section 2: Kaufland Australia – store format and offer 13 Section 3: Economic Impact Assessment 20 3.1 Site location and context 21 3.2 Trade area analysis 23 3.3 Competition analysis 27 3.4 Estimated sales potential 28 3.5 Economic impacts 30 3.6 Net community benefit assessment 43 Executive summary The Supermarkets & Grocery Stores category is by far the most important retail category in Australia. Total sales recorded by Supermarkets & Grocery Stores as measured by the Australian Bureau of Statistics have increased from $64.5 billion at 2007 to $103.7 billion at 2017, recording average annual growth of 4.9% per annum – despite the impacts of the global financial crisis (GFC). Over this past decade the category has also increased its share of total Australian retail sales from 31.3% to 33.7%. For Victoria, similar trends are evident. Supermarkets and grocery stores’ sales have increased over the past decade at a similar rate to the national average – 4.5% versus 4.9%. The share of total retail sales directed to supermarkets and grocery stores by Victorians has also increased over this period, from 31.6% at 2007 to 32.8% at 2017. Given the importance of the Supermarkets & Grocery Stores category to both the Victorian retail sector and Victorian consumers, the entry of Kaufland into the supermarket sector brings with it enormous potential for significant consumer benefits, as well as broader economic benefits. -
A Public Interest Assessment
A Public Interest Assessment Applicant: Woolworths Group Limited Application: Application for Liquor Store Licence Proposed Store: BWS – Beer Wine Spirits Inglewood CULLEN MACLEOD Lawyers Level 2, 95 Stirling Highway NEDLANDS WA 6009 Telephone: (08) 9389 3999 Facsimile: (08) 9389 1511 Reference: SN:190339 TABLE OF CONTENTS Details of the Application ....................................................... 1 1 About the Application 1 2 About the Proposed Store, the Supermarket and the Centre 1 2.1 The Proposed Store 1 2.2 The Supermarket 4 2.3 Centre 6 3 Details of the business to be operated at the Proposed Store 7 3.1 About the Applicant 7 3.2 Features of the Proposed Store and manner of trade 7 3.3 Security measures 11 4 About the Public Interest Assessment 13 4.1 The legislative requirements 13 4.2 Addressing the Public Interest 13 5 Key Public Interest Factors in the Application 14 5.1 Key features and factors of the Locality 14 5.2 Demographic Profile 19 5.3 Crime and health data 20 5.4 Field and site investigations 21 5.5 Offence, annoyance, disturbance, etc 23 5.6 Existing Licensed Premises 24 5.7 Consumer Requirement and Proper Development 36 5.8 Market Survey 39 Submissions and conclusion .................................................. 42 6 Submissions 42 6.1 Relevant legal principles 42 6.2 Key factual matters 44 7 Conclusion 46 General ................................................................................ 47 8 Definitions, source data and copyright 47 8.1 Definitions 47 8.2 Source data 47 8.3 Copyright 48 Annexures ............................................................................ 50 PIA Final i Details of the Application 1 About the Application (a) The Applicant has made an application to the Licensing Authority for the grant of a liquor store licence for premises be located in a new shopping centre in Inglewood, Western Australia. -
GAIN Report Global Agriculture Information Network
Foreign Agricultural Service GAIN Report Global Agriculture Information Network Voluntary Report - public distribution Date: 12/10/2002 GAIN Report #AS2042 Australia Product Brief Confectionery Products 2002 Approved by: Andrew C. Burst U.S. Embassy Prepared by: Australian Centre for Retail Studies Report Highlights: Within the global confectionery market, Australia is ranked 11th for sugar confectionery consumption and 9th for chocolate. Nine out of ten people regularly consume confectionery from both the chocolate and sugar confectionery categories. Approximately 55 percent of confectionery sales are through supermarkets, with the remaining 45 percent sold through outlets such as milk-bars, convenience stores and specialty shops. New products are introduced fairly regularly to the Australian confectionery market; however highly innovative products are less common and this may be an area that offers opportunities for U.S. exporters to be successful in this market. In 2001, Australia was the 15th largest export market for U.S. confectionery products. Includes PSD changes: No Includes Trade Matrix: No Unscheduled Report Canberra [AS1], AS This report was drafted by consultants: The Australian Centre for Retail Studies Monash University PO Box 197 Caulfield East VIC 3145 Tel: +61 3 9903 2455 Fax: +61 3 9903 2099 Email: [email protected] Disclaimer: As a number of different sources were used to collate market information for this report, there are areas in which figures are slightly different. The magnitude of the differences is, in most cases, small and the provision of the data, even though slightly different, is to provide the U.S. exporter with the best possible picture of the Australian Confectionery Sector where omission may have provided less than that. -
The Australian Grocery Sector: Structurally Irredeemable?
THE AUSTRALIAN GROCERY SECTOR: structurally irredeemable? Alexandra Merrett and Rhonda L Smith1 By all appearances, the grocery sector in Australia is less than ideally competitive and indeed less competitive than most other advanced economies. It may be that the size of the Australian economy imposes a natural limit on the market structure whereby the available economies of scale and scope mean that there is only room for two large players. The evidence suggests that, while Coles and Woolworths may have substantial market power, they do not take advantage of such market power by systematic monopoly pricing. Rather, any uses of market power are episodic and appear largely related to non-price conduct. Indeed, it seems the biggest impact for Australian consumers of our present market structure is reduced choice and innovation as sources of supply are rationalised. Australians may therefore need to consider the extent to which they prefer increased choice over lower prices and the convenience of one-stop shops. In considering these issues, this paper attempts to assess anecdotal claims – particularly in relation to ‘must have’ brands and private labels – by reference to available data. In doing so, we highlight several potential uses of publicly available information which may go some way to proving or disproving market power problems in the Australian grocery sector. 1 Alexandra Merrett is a competition lawyer and Senior Fellow at the Melbourne Law School, and may be contacted on [email protected]. Rhonda Smith is an economist and Senior Lecturer at the University of Melbourne. She may be contacted on [email protected]. -
Overview of Australia and New Zealand Supermarkets
OVERVIEW OF KEY AUSTRALASIAN SUPERMARKET RETAILERS Briefing Document September 2003 Coriolis Research Ltd. is a strategic market research firm founded in 1997 and based in Auckland, New Zealand. Coriolis primarily works with clients in the food and fast moving consumer goods supply chain, from primary producers to retailers. In addition to working with clients, Coriolis regularly produces reports on current industry topics. Recent reports have included an analysis of Retail Globalization: Who’s Winning” and answering the question: “Will selling groceries over the internet ever work?” The lead researcher on this report was Tim Morris, one of the founding partners of Coriolis Research. Tim graduated from Cornell University in New York with a degree in Agricultural Economics, with a specialisation in Food Industry Management. Tim has worked for a number of international retailers and manufacturers, including Nestlé, Dreyer’s Ice Cream, Kraft/General Foods, Safeway and Woolworths New Zealand. Before helping to found Coriolis Research, Tim was a consultant for Swander Pace and Company in San Francisco, where he worked on management consulting and acquisition projects for clients including Danone, Heinz, Bestfoods and ConAgra. The coriolis force, named for French physicist Gaspard Coriolis (1792-1843), may be seen on a large scale in the movement of winds and ocean currents on the rotating earth. It dominates weather patterns, producing the counterclockwise flow observed around low-pressure zones in the Northern Hemisphere and the clockwise flow around such zones in the Southern Hemisphere. It is the result of a centripetal force on a mass moving with a velocity radially outward in a rotating plane. -
Annual Report 2018 Woolworths Group
Woolworths Group Limited ABN 88 000 014 675 Together. 2018 ANNUAL REPORT CONTENTS SECTION 1 PERFORMANCE HIGHLIGHTS 2018 Our impact 2 Chairman's Report 4 Chief Executive Officer's Report 5 CONTENTSWoolworths Group Purpose 7 Annual Report Our key priorities 8 SECTIONGroup Sustainability 1 11 PERFORMANCEGroup Financial Performance HIGHLIGHTS 14 2018 Our impact 2 Chairman'sSECTION 2 Report 4 ChiefBUSINESS Executive REVIEW AustralianOfficer's FoodReport 165 EndeavourWoolworths Drinks Group Purpose 187 Annual Report NewOur key Zealand priorities Food 208 PortfolioGroup Sustainability Business — BIG W 2211 PortfolioGroup Financial Business Performance — Hotels 2314 Discontinued Operations 24 SECTIONOverheads, 2 balance sheet BUSINESSand cash flow REVIEW 25 Capital management 26 Australian Food 16 New store rollout plans 26 Endeavour Drinks 18 Non-IFRS financial Pages 4–6 New Zealand Food 20 information and glossary 27 Portfolio Business — BIG W 22 Our Material Risks 29 Portfolio Business — Hotels 23 Chairman Discontinued Operations 24 Overheads,SECTION 3 balance sheet and Chief DIRECTORS’and cash flow REPORT 25 GovernanceCapital management 2632 Executive BoardNew store Skills rollout and Experience plans 2633 OfficerPages 4–6 BoardNon-IFRS of Directors financial 34 Groupinformation Executive and glossaryCommittee 3627 Reports Directors’Our Material Statutory Risks Report 3829 Chairman Remuneration Report 40 Chairman, Gordon Cairns, SECTION 3 and CEO, Chief Brad Banducci, SECTIONDIRECTORS’ 4 REPORT reflect on the achievements of the year, opportunities -
Submission 65
Productivity Commission Performance Benchmarking of Australian Business Regulation: Planning, Zoning and Development Assessments 28 September 2010 Woolworths Limited - Submission regarding Productivity Commission Performance Benchmarking of Australian Business Regulation: Planning, Zoning and Development Assessments 2 1 Executive Summary Woolworths Limited welcomes the opportunity to provide input into the Productivity Commission’s Performance Benchmarking review of planning, zoning and development approval frameworks across Australia. With some of the most recognised and trusted brands in Australian retailing, Woolworths currently makes a significant contribution to economic development and employment across the country. Woolworths has over 3,100 stores across Australia consisting of Woolworths and Safeway supermarkets, BIG W department stores, Dick Smith electronics outlets, Woolworths Petrol sites and Dan Murphy’s and BWS liquor outlets. These stores are supported by a network of Distribution Centres and support offices. Woolworths also recently acquired the Danks hardware wholesale business and will shortly be injecting new competition into the hardware market in Australia. This will be through the launch of a chain of large-format home improvement outlets in a joint venture with the Lowes Group of Companies. Woolworths plans to secure 150 sites for these stores in the next five years. Woolworths plays a particularly important role in the development of retail facilities across Australia – our stores are often the anchor stores in shopping centres developed by third parties. Woolworths is also a major developer of shopping centres and stores in our own right. This was particularly significant during the recent global financial crisis when it was increasingly difficult for shopping centre developers to obtain development finance. -
The Dominant Company in New Zealand's Retail Grocery Market Is
Th.e National Library supplies copies of this article under licence from the Copyright Ag.ency limited (CAL). Further reproductions of this article can only be made under licence. 11 " 111111111111111111 990201346 THE FOODSTUFFS PHENOMENON Alistair Pringle Contemporary studies of the retail grocery industry in the United States and Great Britain suggest that the salient features of an apparent trend towards the internationalisation of retailing - a growing convergence of consumer tastes and markets, a rapid increase in cross-border trading. an intensification of competition and a growing concentration of retail capital - have been particularly evident in this growing and significant sub-set of the retail sector (Ducatel and Blomley, 1990: Fine and Leopold, 1993: Akehurst and Alexander. 1995; Bums and Rayman, 1995: Davies and FJemmer, 1995; Sparks, 1995), The consequence, over the past two decades, has been a significant decline in the numbers of owner-operated stores and independent banner groups and a corresponding growth in the number of corporately owned supennarket chains. Over the same period the corporate share of the market has grown, on average, from around 50% to between 75% and 80% (Akehurst, 1983: Senker. 1988; Lewis and Thomas, 1990: Fine and Leopold, 1993; Walsh, 1993; Knox and Thompson, 1994), while that of the independents has correspondingly decreased. The process has not been unifonn. There is ample evidence to suggest that not all retail environments are identical and that the rate and pace of development have frequently been determined by local conditions (Dodwell, 1988: Bums and Rayman, 1995: Sparks, 1995), Despite this, the literature manifests a strong strain of functional detenninism; an implicit but consistent assumption that pattems of development found in the large and advanced markets of E;urope and North America will inevitably be replicated elsewhere, FOODSTUFFS PHE"lOME,ON 135 This paper questions this assumption, arguing that there is no such thing as 'nonnal capitalism' (Sayer and Walker. -
Kaufland in Australia— Europe's Biggest Retailer Heads Down Under
June 28, 2017 The biggest retailer in Europe, Schwarz Group, is reportedly Deep Dive: bringing its Kaufland discount hypermarket format to Australia. Kaufland in The company told us that it is still scoping the market. 1) Kaufland could capitalize on the strong Australian consumer Australia— demand for value groceries, which would place pressure on Europe’s Biggest the dominant grocery retailers, Coles and Woolworths. 2) However, Kaufland’s ability to build share in a developed, Retailer Heads consolidated retail market is untested. So far, Kaufland has launched outside Germany only in Eastern European Down Under countries. 3) We think Kaufland would face greater challenges in nonfood categories. It would be entering a market that not only has a number of incumbent value general merchandise retailers, but also one that is set to see more and more nonfood sales migrate online. Deborah Weinswig 4) In short, there are opportunities for a discount grocery Managing Director, Fung Global Retail & Technology offering in Australia, but we think any major addition of [email protected] nonfood space would be challenging in a sector that will see US: 917.655.6790 more sales switch out of brick-and-mortar stores. HK: 852.6119.1779 CN: 86.186.1420.3016 Deborah Weinswig, Managing Director, Fung Global Retail & Technology [email protected] US: 917.655.6790 HK: 852.6119.1779 CN: 86.186.1420.3016 1 Copyright © 2017 The Fung Group. All rights reserved. June 28, 2017 Table of Contents Introduction .................................................................................................................................... -
Market Study Into the Retail Grocery Sector – Preliminary Issues Paper
ISBN no. 978-1-869458-64-5 Project no. 21.01/ PRJ0044573 Public version Market study into the retail grocery sector Preliminary issues paper Date: 10 December 2020 3964911.1 2 Contents GLOSSARY ..................................................................................................................................3 PURPOSE OF THIS PAPER .............................................................................................................4 OUR ROLE AND THE PROCESS FOR THE STUDY .............................................................................5 OUR ROLE IS TO STUDY COMPETITION AND FACTORS THAT MAY AFFECT IT .............................. 5 THE TERMS OF REFERENCE FOR THE STUDY HAVE BEEN SET BY THE MINISTER .......................... 6 OUR PROCESS ENDS WITH A FINAL REPORT IN NOVEMBER 2021................................................ 7 HOW YOU CAN HAVE YOUR SAY ON THE ISSUES FOR THIS MARKET STUDY ................................ 7 OVERVIEW OF THE NEW ZEALAND GROCERY SECTOR...................................................................8 A WIDE RANGE OF PRODUCTS ARE SOLD BY GROCERY RETAILERS .............................................. 8 GROCERIES ARE ESSENTIAL PURCHASES FOR NEW ZEALANDERS .............................................. 11 TWO MAJOR RETAILERS OPERATE NATIONWIDE IN THE NEW ZEALAND GROCERY SECTOR ..... 11 THERE ARE ALSO MANY OTHER GROCERY RETAILERS WHO PRIMARILY SUPPLY REGIONAL OR LOCAL AREAS OR SPECIFIC PRODUCT CATEGORIES .............................................................. 13 THE -
Coles, Woolworths, and the Local
KEITH—COLES, WOOLWORTHS, AND THE LOCAL COLES, WOOLWORTHS, AND THE LOCAL Sarah Keith Macquarie University Abstract Australia is home to one of the most concentrated supermarket sectors in the world, and the practices of the ‘big two’ supermarkets have far-reaching consequences on food production and retail at the local level. This article surveys key issues in Coles and Woolworths’ effect on the food retail and production sectors, and looks at how these supermarkets have adapted in recent years to concerns and criticisms, as well as recent moves towards addressing these criticisms. Over the past decade, several important shifts have occurred which suggest an evolving consumer consciousness and increasing discontent with the corporatised supermarket sector. A primary concern is lack of competition, which reduces incentives to keep prices low for consumers; furthermore, these supermarkets have also been charged with wielding substantial buyer power, resulting in lower prices paid to suppliers. Quality of produce is a further issue, while the rise of private label goods such as milk is concerning for both suppliers and retail competitors. This discontent has led to an ideological opposition to these supermarkets, resulting in public campaigns to prevent their entry into towns and suburbs. Finally, new developments by Coles and Woolworths to improve their reputations, although still at an early stage, are examined. Keywords retail, supermarket, local, Coles, Woolworths Locale: The Australasian-Pacific Journal of Regional Food Studies Number 2, 2012 —47— KEITH—COLES, WOOLWORTHS, AND THE LOCAL Introduction The supermarket retail sector in Australia has the distinction of being one of the most concentrated in the world (Wardle and Baranovic, 2009: 477). -
Annual Report 2007
WOOL W O R THS LIMITED ANNU A L REPO R T 2007 ABN 88 000 014 675 ANNUAL REPORT 2007 ANNUAL REPORT 2007 COMPANY DIRECTORY Woolworths Limited Company Secretary Principal registered office in Australia Peter Horton 1 Woolworths Way Share Registrar Bella Vista NSW 2153 Computershare Investor Services Pty Limited Tel: (02) 8885 0000 Level 3 Web: www.woolworthslimited.com.au 60 Carrington Street BIG W Sydney NSW 2000 Web: www.bigw.com.au Tel: 1300 368 664 Fax: (02) 8234 5050 National Supermarkets Web: www.computershare.com.au Sales Web: www.woolworths.com.au Auditor Woolworths’ Petrol Deloitte Touche Tohmatsu Tel: 1300 655 055 Grosvenor Place BWS 225 George Street Web: www.beerwinespirits.com.au Sydney NSW 2000 Web: www.deloitte.com.au 12.6% Dan Murphy’s 789 Heidelberg Road From continuing operations. Alphington VIC 3078 Tel: (03) 9497 3388 Fax: (03) 9497 2782 Web: www.danmurphys.com.au Dick Smith Electronics/Tandy 2 Davidson Street $42,477m Chullora NSW 2190 Tel: (02) 9642 9100 Total sales for this year compared with last year Fax: (02) 9642 9111 up 12.6% to $42,477 million. Web: www.dse.com.au Progressive Enterprises Limited 80 Favona Road Mangere CONTENTS Auckland New Zealand Tel: +64 (9) 275 2788 2 Chairman’s Report Fax: +64 (9) 275 3074 4 Managing Director’s Report Web: www.progressive.co.nz 6 – The Results in Brief 8 – Supermarkets ALH Group Pty Ltd 14 – General Merchandise – Registered Office 18 – Hotels 1 Woolworths Way Bella Vista NSW 2153 Tel: (02) 8885 0000 Woolworths focus is 20 – Project Refresh – Victorian Office 22 – Strategy and Growth Earnings Ground Floor 26 – Capital Management 16-20 Claremont Street 28 – Our People South Yarra VIC 3141 32 – Doing the Right Thing Tel: (03) 9829 1000 – Queensland Office 38 Board of Directors Level 1 40 Senior Management 19.7% 152 Oxford Street 42 Directors’ Statutory Report Bulimba QLD 4171 45 – Remuneration Report Earnings per share (EPS) up 19.7% to 108.8 cents.