ACCC reviewing Woolworths’ acquisition plans for PFD Food Services

ACCC reviewing Woolworths’ acquisition plans for PFD Food Services

4 years ago
The ACCC is reviewing Woolworths’ proposed acquisition of PFD Food Services. The watchdog yesterday announced it had commenced a review under the Informal Merger Review Process Guidelines. The retailer last month outlined plans to acquire a 65% stake in PFD Food Services in a $552 deal, which would see it extend its strategic partnership with the foodservice network and acquire 26 freehold properties currently being used as distribution centres by PFD. PFD is a wholesale […]
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Police trial new initiative to combat fuel theft

4 years ago
Fuel thieves have been put on notice by police in Sydney’s inner west, in a trial program backed by the Motor Traders’ Association of NSW. The initiative has seen police from the Burwood Police Area Command place fail-to-pay stickers on fuel bowsers in petrol stations across Burwood, Strathfield, Ashfield, Concord and Drummoyne. According to figures from the Australasian Association of Convenience Stores 2019 State of the Industry Report, compiled by Convenience Measures Australia, fuel theft […]
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IMPULSE:The DOOH network creating more than just convenience for advertisers

4 years ago
After significant investment made into the channel, QMS is offering advertisers a more flexible and accountable platform to reach Australians through the revitalistion of the 7-Eleven digital network, now known as IMPULSE. AdNews sat down with QMS chief customer officer Mark Fairhurst to discuss how the network has been updated and what IMPULSE can provide for brands across Australia. How does the new IMPULSE offering differ to the previous? What prompted the update? When we took […]
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Extra 1.12 cents a litre: Calls for petrol price hike to protect Australia’s fuel security

4 years ago
Australians would need to pay an additional 1.12 cents a litre for petrol in order to achieve fuel security, a new report has found. The report, written by BIS Oxford Economics and backed by the Australian Workers’ Union, argues that Australia must increase its fuel capacity by 4,000 million litres. By doing so Australia would reduce its need to rely on overseas sources – which could be heavily disrupted. “The pandemic has demonstrated an urgent […]
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Western Sydney petrol prices hit $1 a litre.

4 years ago
Fuel prices: According to the Australian Institute of Petroleum, the national average price of unleaded petrol fell by 4 cents last week to 120.2 cents a litre. The national average unleaded wholesale or Terminal Gate Price (TGP) fell by 1.8 cents to 14-week lows of 101.1 cents a litre. East Coast petrol prices: Daily unleaded retail petrol prices are averaging between $1.09 and $1.24 a litre today across our biggest cities – Sydney, Melbourne and […]
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