AUSTRALIA: Metcash Braces For ‘Challenging Year’

Metcash’s Chief Executive Ian Morrice told shareholders at its AGM yesterday that while the group’s grocery price matching and store refurbishment programs were gaining traction and helping independent retailers compete with the major supermarket chains, Metcash faced new headwinds in South Australia and Western Australia, where Aldi is taking market share across the board.

Read the full article Financial Review website

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