Australian grocer Foodland is staying with its own customer loyalty scheme and will not be joining rivals Coles Myer and Woolworths in the raging petrol discounting battle for the time being.
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CEO Trevor Coates said the effectiveness of petrol discount schemes was still unclear, commenting that the introduction of Woolworth’s petrol deal in Western Australia appeared to have had no impact on the group’s share of the market.
That said, he implied that if Foodland received an attractive enough offer from a petrol provider it would give it some thought.
The company has announced an increase in sales from operations of 3.5% in the second quarter. Total sales hit A$1.54bn (US$1.22bn).
