
Rajiv MenonGeneral
Australian Shoppers Shift to Private Labels as Discretionary Sales Drop
Coles reported a 6.1 per cent jump in private-label sales while furniture and electronics retailers Harvey Norman and Nick Scali posted sharp sales declines.
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Coles reported a 6.1 per cent jump in private-label sales while furniture and electronics retailers Harvey Norman and Nick Scali posted sharp sales declines.

Mainstream grocery chains in Australia are revamping international food aisles as second-generation shoppers demand authentic Asian goods outside independent specialty stores.

A 26.4 per cent jump in online sales helped the Australian grocer offset a sharp profit drop in its liquor division.
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