date:Jan 03, 2014
Woolworths and Wesfarmers-owned Coles are facing increased competition from smaller Australian and international rivals attempting to undercut their way into Australia's $120 billion food and liquor industry.
The five main players in the Australian retail food industry have vastly different approaches. In terms of size, Aldi's 305 stores (March figure) are believed to generate in excess of $5 billion, Costco generated $612 million in 2012/13, while Woolworths reported sales of $58 billion and