The praise for the efforts of the Romeo family in collaboration with Metcash and the independent network – IGA and Foodland – in helping local communities during tough industrial times was a feature of the Romeo Retail Group's recent business update and the Supplier of the Year Awards event .
Scott Marshall, CEO of Metcash Food.
Scott Marshall, CEO of Metcash Food, spoke at the annual meeting of the Romeo Group in Sydney about the successful collaboration between the independent network and the suppliers, in particular about the performance in the current environment, and stated that the model has a successful and sustainable future Has.
He added that new shoppers had come into stores and kept coming back.
Looking ahead, he warned that if government subsidies were removed, which would change the retail landscape, the economic impact would be felt in 2021, but Metcash would continue to raise the bar for independents and stay competitive.
Mr Marshall said Metcash completed 48 Diamond Store Accelerator (DSA) supermarkets in the first half, with a goal of around 120 supermarkets in the rear half.
Romeo Retail Group and National Marketing Manager Alan Jones.
The new distribution center in South Australia will open before Christmas time. This is an enormous achievement for Metcash and the independent retailers Foodland and IGA. With greater reach, sales should increase 20 percent, he added.
Mr. Marshall thanked the Romeo family for their business partnership.
Alan Jones, National Marketing Manager of Romeo Retail Group, gave an overview of Romeo's business and noted, among other things, the success of his print catalog, his promotional activities such as cookbooks, the collaboration with Adelady TV, the partnership with Foodbank and the involvement in social media .
Joseph Romeo, Director of the Romeo Retail Group.
The group's director, Joseph Romeo, said grocery trade results for the twelve months showed growth of 22.1 percent in SA and 2.42 percent in NSW.
In SA he cited the launch of the large-format Kilkenny Foodland store with "a massive range of fresh food." In NSW, he added, the launch of the SUPA VALU Doonside Big Box format brought a whole new offering that dwarfed competitors like Coles, Woolworths and ALDI.
Mr Romeo said budgeted sales in SA are expected to grow 10 percent due to DSA, while in NSW expected growth from new business is expected to be 40 percent.
The group is showcasing what he calls “an exciting new concept store offering” that would be “unlike any other supermarket in Australia” in Sydney, with an on-site chef, restaurant experience, food, delicatessen, salumi and a sushi bar, a take-away offer and the entire core food business, all of which were presented at the opening in March.
Supplier of the year awards
Romeo's direct supplier of the year 2020 Vittoria food & drink
Romeo's Frozen Supplier of the Year 2020 Dairy Fonterra
Romeo's Fresh Food Supplier of the Year 2020 Baiada poultry
Romeo's Non-Food Supplier of the Year 2020 Johnson & Johnson
Romeo's Grocery Supplier of the Year 2020 Nestle
Romeos Antonio & Elisabeth Romeo Recognition Award 2020 TBA.
Sonia Bonner and Lorna Gloria from Retail World with Joseph Romeo, Director of the Romeo Retail Group.
Grant Ramage, Lorna Gloria from Retail World and Metcash Food Merchandise Director.
Sonia Bonner and Lorna Gloria from Retail World with Scott Marshall, CEO of Metcash Food.
