In The Press
|
The Recognised Source |
Coriolis Research is the recognised source for reporters of up-to-date
facts and figures on food and fast moving consumer goods in Australasia.
We have been interviewed on everything from the opening of Aldi in Australia
to the growth of foodservice in New Zealand. Below are articles from
just a few of the many publications that have come to us for information.
Keep taking the medicine 48KB
New Zealand Retail, November 2005
Whether the traditional pharmacy remains the most preferred destination for the buying of cosmetics, toiletries and pharmaceuticals, depends on how they develop and evolve their offer, says Tim Morris of fast-moving consumer goods (FMCG) market research company Coriolis Research. "The offer chemists make in New Zealand is narrow and quite poor. In fact, the offer is abysmal; the price is wrong and the range is wrong, and many just aren't good retailers... they need to get their act together..."
In-store secrets 48KB
Christchurch Press, July 2005
Thursday night is shopping night, but Matt Philp is looking for something morein his supermarket. The supermarket keeps its specials at eye-level and its business secrets buried deeper than the Masons. I'd been warned. John Corbett, the editor of Grocers' Review, had sighingly described the industry's attitude to scrutiny as "North Korean". On a Thursday night at one of Christchurch's busiest supermarkets, I experience the paranoia first-hand...
Takeover boost for Montana in Europe 76KB
Dominion Post, June 2005
International bids by drinks giants for British liquor multinational Allied Domecq may give Allied's New Zealand business, Montana Wines, a bit of a boost in Europe, analysts say. France's Pernod Ricard, the world's third-largest liquor maker, is leading a NZ$19.7 billion battle for Allied Domecq, which in 2001 bought Montana Wines for NZ$1 billion. Early this week, Britain's Diageo -- the world's biggest distiller -- said it would buy most of Allied's Montana Wines if the Pernod bid was successful...
Reach for the Store-Brand in 2005
Wachovia Securities, March 2005
Private label might just be the best name in food and beverage over the next 5-10 years, in our opinion. Retailer per square foot profitability demands a greater share for private label, at the expense of underperforming and smaller brands with a deteriorating ability to pay slotting fees orbring customers into stores. While the economic basis has been clear for years, it is the slowly expanding emulation capabilities of suppliers like Cott and Ralcorp, as well as the consolidation of less rational retailers that are driving the trend home...
New Zealand HRI Food Service Sector Annual 2005
USDA Foreign Agricultural Service, March 2005
New Zealand’s foodservice sector is experiencing rapid growth and offers sales opportunities for U.S. exporters. Industry sales were valued at NZ$5.8 billion in 2003, 41 percent above 1999. The largest growth is seen in full service restaurants which account for 43 percent of total industry revenue. Fast food outlets generated 21 percent of total foodservice sales in 2003 while cafes and bars account an additional 16 percent...
COT: Compressed Growth Company 131KB
Legg Mason, January 2005
Retailer consolidation is a major driver of private label share, as the experience of other countries suggests. In the U.S., we expect food and beverage retailers to continue consolidating, favoring further private label growth...
Private label plans too ambitious 38KB
Foodweek, December 2004
Australian supermarket retailers have announced their intention to dramatically increase the number of private label products they sell – but questions remain as to whether their targets are too ambitious. A study by market research firm Coriolis Research said all majors had some plans to ramp up their private labels, but experience overseas indicated this took far more time to achieve than they had allowed...
Australia
could be the next stop for Costco 18KB
DSN Retailing Today, September 2004
Costco’s
booming business overseas may make The Land Down Under its next stop.
A New Zealand research firm says Costco is looking at property in Sydney
and Melbourne as potential sites for its first stores. Coriolis Research
reports that Costco has “appointed a management team, set up an office
and has begun bidding on sites around Sydney and Melbourne"...
Supermarket Wars
63KB
Sunday Star Times, August 2004
Kiwi
consumers get good deals on their grocery shopping but these come at
the expense of the suppliers, writes Lesley Springall. Fabulous Food-makers
remembers the days when its sales margins were closer to 50% than 20%.
When it was paid regularly each month for its products and didn't have
to keep tightening margins to ensure prompt payment. And when it didn't
have to worry about its latest product idea being swiped by its customer,
re-emerging as a house brand produced by its competitor...
Costco in New Zealand: Three's Company 98KB
Grocer's Review , August 2004
Following
the announcement last month that US-based grocery retailer Costco is
to enter the Australian market - and may become New Zealand's third
major supermarket player as early as 2007 - GR looks at the implications.
Costco will take 10% of grocery market 244KB
Foodweek, July 2004
Costco will take 10% of grocery market - report. US wholesale supermarket retailer Costco could viably operate 20 stores in Australia and take up to 10% of the nation's grocery market, according to an independent report. With the first Costco expected to open next year, the company's Australasian sales should reach $3.7 billion by 2014, the report predicts.
Australian department store sales 51B
ABN Amro Analyst Report, July 2004
Both Big W and Target have outperformed the department store sector as a whole over the past decade. Chart 2 illustrates the 10-year sales CAGR for each of the key department store retailers in Australia versus the 3.2% achieved by the sector as a whole. Coriolis Research provided a chart for ABN Amro analyst Amy McKenzie's excellent report on strategic options for The Warehouse and their Australian business.
Asian
food dollars go east 59KB
Unlimited Magazine, June 2004
The
Asian population is growing, but mainstream supermarkets don't seem
to have noticed, reports Nikki Mandow. Can you name New Zealand's
third largest supermarket chain? New World? Woolworths? 3 Guys? All
wrong. It's Tai Ping Trading, an Auckland-based group specialising
in importing food for the Asian market. This article is also
available on the Unlimited website.
The Fast Food Sector - We're All Lovin' It 677KB
New Zealand Retail, April 2004
I'm
lovin' it, you're lovin' it, we're all lovin' it. We're lovin' it more
than ever with New Zealanders spending 16 per cent more in 2003 on fast
food than they did in 2002. But most retailers agree that, unlike the
food they sell, business is not slick and easy. It's a rapidly changing
market in which the dining out dollar is being stretched across an evergrowing
smorgasbord of fast food choices.....
Foodstuffs Superstores bolster Warehouse defence 307KB
Food Industry Weekly, NBR, March 5th, 2004
Foodstuffs
is building three new Pak 'N Save "superstore" supermarkets
with an extended general merchandise offer. With its concept New World
"megastore" in Palmerston North well received, Foodstuffs
is building new Pak 'N Save stores in Napier, Wanganui and Lower Hutt
with additional floorspace for its expanded range...
In
the Kitchen Size Matters 224KB
Foodservice Magazine, December 2003
A
recent study by Coriolis Research shows that very limited space is a
major feature in most New Zealand kitchens. Chefs and independent
operators deal with small kitchens every day, but they don't believe
that suppliers understand their issues. Small kitchens in New
Zealand are largely a result of limited space allocated to the kitchen
during conversion...
Fear of Fat Eats
up Fast Food Profilts 142KB
New Zealand Herald, November 29th, 2003
Traditional
fast-food chains are struggling to compete with the likes of Subway,
which has capitalised on anti-obesity sentiment. When Restaurant
Brands shares plummeted after a $2 million dollar profit downgrade this
month, eight employees of a prominent merchant bank conducted a snap
poll....
Hard discounters & private label 179KB
JP Morgan, November 10th, 2003
This analysis is reinforced by Figure 12, which shows the gradual growth of private label in the UK, along with the evolution of the combined share of the five largest UK retailers from 1977-2000. The key point is despite a lag effect, private label continues to take market share....
The
Warehouse, Where Succession Remains a Mystery
589KB
The Independent, October 29th, 2003
At
May's end, CEO Greg Muir and The Warehouse Group announced they
were parting company. Founding director Stephen Tindall would resume
control, the market was told. At the time, problems with recent
Australian acquisitions were said to be the major issue. But what
really went wrong?...
Natural Selection
126KB
Unlimited Magazine, November 2003
The
Whole Foods market in Manhattens Chelsea neighbourhood is a hot Friday
night scene. Singles flirt over a table of organic tomatoes on the vine,
balls of fresh mozzarella, and fragrant bunches of bazil.
This article is also available on the Unlimited website.
Chef's Identify Seven Consumer Trends 179KB
Foodservice Magazine, October 2003
Seven
key trends are impacting the restaurant and cafe business, according
to the findings in a recent study by Coriolis Research. New Zealand's
chefs and owner-operators face two simple challenges: getting people
in the door and getting them to come back. How do successful chefs stay
ahead of the game? The simple answer is that they need to be good managers...
Food for
Thought 350KB
Unlimited Magazine, September 2003
Discount
retailer The Warehouse intends moving into the groocery business. As
Fiona Rotherham reports, its just a question of how and when...
This article is also available on the Unlimited website.
Study shows foodservice
now $4.3 billion market 89KB
Foodservice Magazine, August 2003
A new
study by Coriolis Research shows the New Zealand foodservice market
has an annual turnover of more than $4.3 billion. The study looks
at the four main foodservice customer segments (households, tourists,
businesses and institutions) and how much they spend on meals away from
home...
Eight Reasons to Work in FMCG 49KB
New Zealand Herald, July 16, 2003
Your
first question is probably "what is FMCG?'. It used to be called
the grocery industry, now it's just called FMCG - an ugly acronym for
Fast Moving Consumer Goods - which translated into English means things
you buy on a regular basis at places like your local supermarket....
CTFA
Conference - Private Label 35KB
Pharmacy Today Magazine, June 2003
The
experience of other countries suggests the key driver of private label
growth is retail consolidation. It's starting to happen in New Zealand,
but it's still early days, according to Timothy Morris of Coriolis Research...
Aldi strips costs out, keeps prices low 62KB
Supermarket News, May 2003
The efficiency for which German engineering is renown is evident in the food-retailing model of Aldi, the global limited-assortment chain that makes its U.S. headquarters here. Essen, Germany-based Aldi Group, which is the largest food retailer in that country, has carved a niche for itself as one of the lowest-price food retailers in the United States. Its 600 U.S. stores feature a bare-bones offering of about 700 stockkeeping units, most of which are custom brands stacked warehouse-style on pallets...
Australian
per capita expenditure on pizza 89KB
Restaurant Brands Annual Report, March 28,
2003
Annual
pizza expenditure at A$58 per head is a third higher than the rest of
Australia and double New Zealand. Despite this, Pizza Hut market share
is less than half that of other Australian states and a quarter of New
Zealand. The complete Restaurant Brands Annual Report for
2003 can be downloaded here.
RBS bites into Australia 89KB
UBS Warburg, May 20th, 2002
Annual RBD announced it has acquired 51 Pizza Hut outlets in Victoria (Australia) for NZ$14.4m. We calculate the FY 01 EBITDA acquisition multiple is 6.5X, less than the 7.1x (FY01) RBD trades on...
The Dream
Deal 342KB
Unlimited Magazine, September 2002
The
grab for our Woolworths supermarket by Aussie-based Foodland gets the
big thumbs-up from investors across the ditch. But the $690 million "dream deal" has been dogged by costly court battles and,
as Fiona Rotherham discovers, is still far from successful...
This article is also available on the Unlimited website.
Discount grocer
in the wings 261KB
New Zealand Herald, August 8, 2002
Supermarket
group Aldi's rapid expansion in Australia has fuelled speculation the
international discount chain could soon set up shop in New Zealand...
Aldi
ramps up retail presence 192KB
Australian Financial Review, August 1, 2002
Discount
retailer Aldi's investment in Australia is set to exceed $500 million
after almost doubling last year as the German-based company increased
its penetration of the $60 billion grocery market...
Fight
for share of changing market 261KB
New Zealand Herald, October 23, 2001
As
an expensive legal tussle involving the country's three big supermarket
groups heads for the Privy Council, one fact is clear: supermarkets
are fighting to keep market share as shopping habits change...
Changing shopping habits used to back up merger
257KB
The National Business Review, July 15, 2001
New
research to support the Commerce Commission application to merge Progressive
Enterprises and Woolworths chains shows supermarkets are under siege
from other retailers...
Online
Grocery - On The Doorstep 16KB
Marketing Magazine, June 2001
Online grocery market sales in the US are expected to reach US$11.3 billion in 2006. Jupiter Media Metrix reports that US online grocery sales this year are projected to reach US$1 billion, with further growth to US$7 billion in 2005...
Grocery chains geared to fight cut-price rival Aldi
37KB
Australian Financial Review, January 22, 2001
Australia's
grocery retailers are gearing up for price skirmishes on staple products
as the first line of attack against new entrant Aldi...
How to view and print these files
These files are either in gif image format which your browser will display or in Adobe Acrobat format. If you do not have Adobe Acrobat Reader loaded on your computer, the following link will take you to the Adobe website where you can download this free program.
If you experience any problems opening these files, please download the latest version of Adobe Acrobat Reader.