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Metcash

7-Eleven drags Metcash to $152.5m H1 loss
1 week ago

7-Eleven drags Metcash to $152.5m H1 loss

Metcash has slipped to a $152.5 million first-half loss on the back of the loss of its 7-Eleven supply contract.

The IGA supermarket supplier says sales revenue for the six …
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Metcash dives after losing major 7-Eleven supply deal
3 weeks ago

Metcash dives after losing major 7-Eleven supply deal

Metcash chief executive Jeff Adams said it’s too early to say if there will be redundancies at the wholesaler as he sought to downplay the loss of the majority of an $800 …
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Metcash to lose part of 7-Eleven contract
2 months ago

Metcash to lose part of 7-Eleven contract

Metcash is in negotiations with one of its biggest customers, convenience chain 7-Eleven, to salvage long-term supply contracts, just weeks after losing its $270 million a year agreement with Drakes Supermarkets.


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Why BP is getting into bed with David Jones. The promising marriage of petrol and gourmet food
4 months ago

Why BP is getting into bed with David Jones. The promising marriage of petrol and gourmet food

“Fill ’er up?”

That was the immediate greeting from the driveway attendant when pulling into the service station in the days before self-serve pumps.

Yes, once there was someone to pump …
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Is Metcash Ltd facing collapse?

Embattled grocery and auto parts distributor Metcash Limited (ASX: MTS) can’t catch a break.

Management’s plans to spin-off its automotive accessories retail business has done little to support its sagging share …
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Stopping the rot at Metcash

When grocery wholesaler Metcash reports its results on June 15 all eyes will be on the pace of its turnaround strategy, profit margins, the value of its automotive business and …
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Metcash slashes more jobs, shares slump to 14-year low

Struggling third-ranked supermarket company Metcash is proceeding with its second job-cutting program in two months as its shares hit a 14-year-low.

The job losses come after the country’s largest supermarket …
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Metcash appoints former Lion CEO Rob Murray as chairman-elect

Former Lion Co and Nestle chief executive Rob Murray has been appointed chairman-elect at Metcash, strengthening the grocery wholesaler’s consumer goods expertise as it attempts to reverse a two-year slide in sales and earnings.


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