Aussie food retailing is on a collision course with collapse.
A $5 billion industry is being driven into the ground.
A major supermarket chain is facing huge losses, a major supermarket retailer is facing massive write-downs, and the major food retailer is also struggling to keep up with a rapidly growing and highly competitive market.
What you need to know about the supermarket industry, including its impact on our health and wellbeing.
The industry is in the midst of a massive expansion, and it’s one that is set to get even bigger, with more stores and more food to be served.
According to industry body Grocery Manufacturers and Traders, there are currently more than 4.3 million Australian grocery stores.
This means more than 100,000 more supermarkets are opening every week, and that number is set for an increase of more than 250 per cent by 2020.
With so many new supermarkets and so many more outlets to cater to a rapidly expanding market, retailers are going to need to adapt to survive.
“There is a real risk that the grocery industry could collapse,” Andrew Haines, chief executive of the Australian Grocery Association, said.
“[It is] a real concern for many in the industry.
It could have catastrophic consequences for the supermarket business.
It’s a real question mark about whether it will be able to survive the next six years.”
A collapse is a major concern for the Australian food retail industry, which is set up to cater for the consumer with a range of fresh, chilled, packaged and prepared foods.
In the US, the National Grocery Stores Association says that the retail food industry could suffer a $1.7 billion loss by 2020, and analysts are predicting that a major food and drink retailer could go bust.
Australian grocery retailers are facing a challenge, and a big one at that.
Grocery stores are often viewed as a core part of a larger, family-owned business.
Many Australian retailers are also family-run, meaning many of their employees are part-owners or shareholders.
But as Australian grocery sales have increased dramatically, so has the amount of competition in the market.
This means grocery stores are increasingly struggling to compete with the rise of online retailers, which have become more efficient, cheaper and more accessible.
And, as they grow, supermarkets have been able to absorb the cost of their own staff, which has made them more vulnerable to write-offs and losses.
There are many factors at play for retailers in this fight, and retailers are already facing challenges.
For instance, Australian supermarkets are facing an enormous challenge in managing the growing number of online stores, which require staff and supplies to be delivered by trucks to the store.
This has left Australian supermarkets vulnerable to a rise in foodborne illnesses.
Meanwhile, a rise of grocery store chains is also pushing up the cost and complexity of buying groceries, as supermarkets are now often able to offer a range in products.
Australia’s food industry has been experiencing a huge expansion since the late 1990s, with a further $3 billion in supermarket sales expected to come on line in 2021.
While grocery retailers have been investing in technology, it’s increasingly apparent that the industry is not taking into account all the different factors that go into the grocery business.
For instance, there is a lack of consistency in how grocery stores choose which products to stock and how to store them, and they do not consider how their customers use them.
Many supermarkets have not been able get enough of their customers to buy products from them, leading to a shortage of fresh produce.
As well as these challenges, there’s also the fact that supermarket stores are not able to compete in a competitive market, with consumers spending more money online.
Another challenge is the way groceries are processed.
As part of the supermarket’s contract with the supermarket, supermarket retailers are required to give the supermarket their personal information, including customer’s credit card details.
Even the Australian Bureau of Statistics, which produces its own consumer statistics, has acknowledged that grocery stores do not always collect enough information from their customers.
All this makes the grocery retail industry vulnerable to the risk that it will fail, and ultimately, will suffer from a financial crisis.
However, experts are optimistic that Australia will see an increase in the number of grocery stores in the future, and are hopeful that the market will adapt to the changing needs of our fast-growing population.
If you or someone you know needs help, call Lifeline on 13 11 14 or visit a local GP.
Topics:consumer-finance,business-economics-and-futures,business,food-and_beverage,food,foodprocessing,australiaFirst posted March 07, 2019 07:51:27Contact Nick MaunderMore stories from Western Australia