RetailWorld

1 week ago | retailworldmagazine.com.au | Hailey Settineri

The online channel has experienced exceptional growth in recent years and is set to remain the fastest-growing retail channel globally through 2029. IGD’s latest Online Retail Trends Report reveals that this growth will add $164 billion in sales, bringing the channel’s total to $646 billion by 2029. It is also expected to gain the most market share of all modern grocery channels, increasing by 0.5% to reach 6.3%.

1 week ago | retailworldmagazine.com.au | Hailey Settineri

Foodland Supermarkets has launched a new initiative designed to support its loyal community through a targeted ‘give back’ program. The Good4Locals program supports local South Australian fundraisers and not-for-profit partners through the purchase of specially marked products. Any purchase of Foodland branded products displaying the Good4Locals logo will directly impact someone or something for the better.

1 week ago | retailworldmagazine.com.au | Nicholas Rider

Voltaren has entered a three-year naming rights partnership with the world’s “largest” fun, City2Surf. The partnership will kick off in 2025, with the very first Voltaren City2Surf on 10 August, which will see tens of thousands of runners and walkers hit the pavement in Sydney to embrace the joy of movement and raise funds for charity. Voltaren is a product developed by Haleon, a consumer health company who are also known for pain relief brands such as Panadol and Advil.

1 week ago | retailworldmagazine.com.au | Nicholas Rider

A new report reveals that nearly $4.5 billion worth of new, unsold consumer goods are wasted every year in Australia. The analysis from Deloitte Access Economics, commissioned by Good360 Australia, shows that the value of unsold retail goods wasted in Australia has risen by 17% since 2021 and now sits at $2.9 billion per year. The rise of online shopping returns is adding even more to the volume of goods wasted (more than $1.5 billion).

1 week ago | retailworldmagazine.com.au | Nicholas Rider

IKEA is celebrating 50 years in Australia with the creation of the “ultimate snack”, the Meatball Party Pie. Available free for customers in all 10 IKEA stores nationwide tomorrow (31 May), the Meatball Party Pie is filled with the “delicious” ingredients of the traditional IKEA meatball, mixed with a “tasty” gravy sauce, inside a “perfectly” golden and flaky crust pastry, and topped with a dollop of Swedish lingonberry jam. A plant-based option made with the IKEA plant ball will also be on offer.