Kraft Heinz Says Australian Grocery Market ‘Increasingly Competitive’
Australia’s grocery wars are being noticed by one of the world’s biggest food and drink companies.
Kraft Heinz, a big supplier to supermarkets Woolworths and Coles, says Australia’s $90 billion-odd grocery market is increasingly competitive.
The news comes amid reports that Australia’s grocery giant, Kellogg’s, is putting the squeeze on its suppliers.
Kraft Heinz chief executive Bernardo Vieira Hees said last week: "As an industry we are in an environment where retail competition is intensified in our biggest and most mature markets, including the United States, Canada, the UK, continental Europe and Australia." Sydney Morning Herald – Read more…
Kraft Heinz, a big supplier to supermarkets Woolworths and Coles, says Australia’s $90 billion-odd grocery market is increasingly competitive.
The news comes amid reports that Australia’s grocery giant, Kellogg’s, is putting the squeeze on its suppliers.
Kraft Heinz chief executive Bernardo Vieira Hees said last week: "As an industry we are in an environment where retail competition is intensified in our biggest and most mature markets, including the United States, Canada, the UK, continental Europe and Australia." Sydney Morning Herald – Read more…
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