Metcash

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 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 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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“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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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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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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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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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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