Total Tools sales surged 23.1 per cent so far this year, supported by acquisitions.
Sales at Metcash are continuing to grow – underpinned by food, alcohol and hardware – but the wholesale distributor has warned cost-of-living pressures are pushing consumers to cheaper products and impacting confidence.
Chief executive Doug Jones told the AFR Weekend ahead of the annual meeting on Friday afternoon that illicit tobacco was also a major problem for its IGA and Foodland grocery franchises.
Loading...
Carrie LaFrenz is a senior journalist covering retail/consumer goods. She previously covered healthcare/biotech. Carrie has won multiple awards for her journalism including financial journalist of the year from The National Press Club. Connect with Carrie on Twitter. Email Carrie at carrie.lafrenz@afr.com
