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Retail Food Group criticises UBS reports after share plunge

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Owner of Crust Pizza, Donut King and Gloria Jean’s Coffee, Retail Food Group, has experienced a significant drop in its share price with the company attributing the fall to UBS reports. RFG, which owns...

Ingham’s extends Woolworths poultry supply contract

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Ingham’s has extended its poultry supply contract with Woolworths until mid-2021. The contract extension will see Ingham’s maintain its role as Woolworths’ majority poultry supplier for Australia. Chief...

Oliver’s Real Food to launch on ASX

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Oliver’s Real Food will be listing on the Australian Securities Exchange (ASX). Oliver’s offers healthy fast food through approximately 20 locations across New South Wales and Victoria. It is largely...

Food momentum propels Woolworths successful Q3

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Food sales continue to help turnaround the Woolworths Group, which announced its third quarter results for the 2017 financial year this week. Woolworths reported strong sales momentum across the quarter,...

Coles sticks to pricing strategy, but slow progress on Coles Express and Liquor

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Coles supermarket has signalled it will continue to invest in its ‘everyday low pricing’ strategy to win over customers. In reporting the financial results for the third quarter of its 2017 financial...

A2 Milk reports better sales than expected

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The A2 Milk Company is experiencing higher than expected demand for its infant formula in China, enabling the business to increase its forecasted sales results for its 2017 financial year. In releasing...

CCA profits drop along with Australian sugar consumption

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Coca-Cola Amatil has been hit hard by competition and changing consumer trends, announcing that its profit for the first half of 2017 will decline. CCA is the bottler of the full range of drink brands...

Woolworths faces possible class action from shareholders

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A group of Woolworths shareholders may soon launch class action against the supermarket and retail giant for its 13.7 per cent share dive on the back of its 2015 profit downgrade. The class action is being...

A2 Milk Company acquires share in Synlait

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The A2 Milk Company has acquired an 8.2 per cent share in New Zealand dairy processing company, Synlait. Synlait and the A2 Milk Company have a long history of working together, with Synlait suppling infant...

Freedom Foods bucks dairy trend

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Unlike other Australian dairy producers, Freedom Foods has achieved sales growth within its dairy operations for the first half of the 2017 financial year. Freedom’s dairy operations at Shepparton, Victoria,...