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How competitive is Australian food retailing?

April 26, 2017Australian competition competitive food low prices retailers retailing woolworths

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How competitive is Australian food retailing?

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Woolworths is a strong supporter of competition. Competition helps to keep prices low for customers and challenges retailers to deliver the best possible service. The Australian food retail sector is highly competitive which is great news for customers. With a variety of new market entrants plus a growing independent and specialist food sector, there has never been more choice about where to shop. Notes: 1. Excludes take-aways outlets and cafes/restaurants but includes fresh food specialities and fresh food markets. 2. Mass merchants are department stores and discount department stores. 3.Includes smaller foodstores and independent stores supplied by Metcash as well as larger supermarkets (IGA and Foodworks) Source: Pitney Bowes MapInfo based on company reports and ABS sources including Household Expenditure, Australia National Accounts and Australia Retail Trade Services.