Australia’s two largest grocery retailers, Coles Myer and Woolworths, now control 77.4% of Queensland’s dry grocery market, up from 73.9% 12 months ago.
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Most of the growth was Woolworths’ as the company pulled further ahead of its main rival Coles Myer in Queensland, gaining a 43.4% of the state’s dry grocery market compared to 40.2% a year ago. Coles Myer’s market share in Queensland was relatively unchanged at 34%, compared to 33.7% a year ago.
Wholesale grocer Metcash Trading now controls 14% of the dry grocery market in Queensland, up from 12.4% a year earlier, reported the Courier-Mail.