Online retailers battle Woolworths, Coles

 In Australia, Coles, NewZealand, Woolworths
Small online retailers are working out ways to break into the highly ­competitive grocery retail industry, with varying degrees of success.

n

Online wine retailer Vinomofo keeps a highly curated selection of 10 to 20 wines on site with one or two wines added each day.

n

This model allows Vinomofo to buy a large volume of wine and compete against the large grocery stores such as Coles and Woolworths.

n

"We buy more of our individual wines than anyone in the country and that’s including the evil empire," co-founder Justin Dry said .

n

"It gives us the ability to buy a large volume of a small selection of wine, which means we have buying power even over people like the evil empire of Woolworths and Coles."

n

Supermarket and grocery retail is one of the most crowded industries in Australia, with Woolworths, Coles owner Wesfarmers, Metcash and Aldi having a ­combined market share of 90 per cent, according to IBISWorld’s latest figures. The liquor retail market has more legroom, although nearly 60 per cent of the pie is shared between Wesfarmers and Woolworths. Sydney Morning Herald – Read more…
Recent Posts

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.