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For a second successive quarter, Costco’s performance was impacted by softer sales in big ticket non-food discretionary items. This was partly due to cautious shopping in the ongoing inflationary environment, but also due to tough comparatives where these products performed better than usual in the last two years. Here we look at those results in more detail and highlight five key takeouts.
A guide to Australia’s grocery market and how we expect the country, its leading retailers and channels to evolve over the next five years.
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We highlight five trends set to shape the food and consumer goods retail market across Australasia in 2023.