Cigarettes and junk food dominate supermarket sales growth
Australians now spend 10 per cent of the nation’s annual grocery bill on tobacco products, and one in every five dollars spent at supermarkets goes on cigarettes or junk food, according to confidential industry data.
Of the $85 billion spent on supermarket groceries each year, raw meat, fresh fruit and vegetables contribute an estimated $28 billion. But the fastest growth rates are coming from tobacco and junk foods, which now top $17 billion of combined sales.
Fairfax Media has obtained IRI-Aztec data on Australian grocery sales for the 2013-14 financial year. The market researcher’s report is based on the cash register data from every Coles, Woolworths, IGA and FoodWorkssupermarket in the country, and adds a weighting to estimated sales made at Aldi. It does not include alcohol sales. The Age – Read more…
Of the $85 billion spent on supermarket groceries each year, raw meat, fresh fruit and vegetables contribute an estimated $28 billion. But the fastest growth rates are coming from tobacco and junk foods, which now top $17 billion of combined sales.
Fairfax Media has obtained IRI-Aztec data on Australian grocery sales for the 2013-14 financial year. The market researcher’s report is based on the cash register data from every Coles, Woolworths, IGA and FoodWorkssupermarket in the country, and adds a weighting to estimated sales made at Aldi. It does not include alcohol sales. The Age – Read more…
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