Business
Metcash sales surge as shoppers favour local stores – The Australian Financial Review
Sales at Metcash’s food, liquor and hardware distribution businesses are booming as customers shop locally.
Wholesale supermarket sales (excluding tobacco) soared 13.8 per cent, or 18.4 per cent excluding Drakes, after falling 0.5 per cent in the same period a year ago. This was a step up from the 16.7 per cent growth reported in May and June.
“We fully expected that things would settle down post that initial panic buying, but actually the trends of people shopping locally and cooking from home a lot of people are still working from home have carried on,” Metcash chief executive Jeff Adams told The A…
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