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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