Australian Supermarket Update 2013

Here is an update on the Australian supermarket retail landscape for 2013. Including: Woolworths, Wesfarmers (Coles), Metcash (IGA), Costco and Aldi.

Costco

• Costco is an American big-box retail store with a club membership business model.
• Costco is listed on the Nasdaq: COST
• Costco has three warehouse stores in Australia: Melbourne, Sydney and Canberra. With Melbourne’s Docklands store first opening in 2009.
• Australian Costco revenue for 2012 is at $609.5 million
• Costco in Australia reported its first net profit of $9.73 million for their 2012 financial year which ends in September. In 2011 Costco reported a loss of $13.2 million.

Woolworths' (ASX:WOW)

• Profit growth expected to be at 2.8 percent for the first half 2012-2013.

Wesfarmers (ASX:WES)

• Coles reported its first half growth in sales at 4.9 percent for 2012/2013.

Metcash (ASX:MTS)

• Metcash is a publicly listed company in Australia.
• Metcash is a franchisor for IGA supermarkets and supplier of supermarket goods.

Aldi

• Aldi is a privately owned German company.
• Aldi started in Australia in 2001.
• Aldi has opened 300 stores to date in Australia, capturing 5 percent of the market.
• Aldi sells mainly discounted private label goods.