InvestNow News – 11th September – India Avenue – Supermarket Retailing, a mature Industry…. but not everywhere
Article written by India Avenue – 2020
In New Zealand, the Supermarket retailing industry is forecast to grow at 1.9% over the next five years. That growth rate highlights the saturation level of the industry, with profit growth more likely to come from a better online presence and increasing efficiency of floor space rather than roll-out of stores. New Zealand’s leading Supermarket retailer with 53% market share is Foodstuffs (e.g. Pac ‘n Save, New World and Liquorland).
However, if we replay the development of supermarket retailing in New Zealand over the last few decades and add a massive young population, under penetration of supermarkets, with significant swing towards organised retailing to come, then we have the ingredients for a strong and sustainable growth business for the next decade.
Disclaimer
The views and opinions contained in this document are those of India Avenue Investment Management Australia Pty. Ltd. (IAIM) (ABN 38 604 095 954) & AFSL 478233. Equity Trustees Limited (Equity Trustees) (ABN 46 004 031 298) AFSL 240975, is a subsidiary of EQT Holdings Limited (ABN 22 607 797 615), a publicly listed company on the Australian Securities Exchange (ASX: EQT), is the Responsible Entity of the India Avenue Equity Fund. This document has been prepared to provide you with general information only and does not take into account the investment objectives, financial situation or particular needs of any person. It is not intended to take the place of professional advice and you should not take action on specific issues in reliance on this information. IAIM does not express any view about the accuracy and completeness of information that is not prepared by IAIM and no liability is accepted for any errors it may contain. Past performance should not be taken as an indicator of future performance. You should obtain a copy of the product disclosure statement before making a decision about whether to invest in this product. No part of this material may be copied, duplicated or redistributed without prior written permission of IAIM or Equity Trustees. The user will be held liable for any unauthorised reproduction or circulation of this document, which may give rise to legal proceedings. Information contained here is based on IAIM’s assumptions and can be changed without prior notice. It is not and may not be relied upon in any manner as legal, tax or investment advice or a recommendation or opinion in relation to an IAIM financial product or
service, or any other financial product or service. Please consult your advisors, read the relevant offer document and consider whether the relevant financial product or service is appropriate for you before making any investment decision. Investment in securities involves risks and there is no assurance of returns or preservation of capital. Neither IAIM, Equity Trustees, nor any of its related parties, their directors, employees, agents or representatives shall be liable for any damages whether direct or indirect, incidental, special or consequential including lost capital, lost revenue or lost profits that may arise from or in connection with the use of this information.
InvestNow News – 11th September – India Avenue – Supermarket Retailing, a mature Industry…. but not everywhere
Article written by India Avenue – 2020
In New Zealand, the Supermarket retailing industry is forecast to grow at 1.9% over the next five years. That growth rate highlights the saturation level of the industry, with profit growth more likely to come from a better online presence and increasing efficiency of floor space rather than roll-out of stores. New Zealand’s leading Supermarket retailer with 53% market share is Foodstuffs (e.g. Pac ‘n Save, New World and Liquorland).
However, if we replay the development of supermarket retailing in New Zealand over the last few decades and add a massive young population, under penetration of supermarkets, with significant swing towards organised retailing to come, then we have the ingredients for a strong and sustainable growth business for the next decade.
Disclaimer
The views and opinions contained in this document are those of India Avenue Investment Management Australia Pty. Ltd. (IAIM) (ABN 38 604 095 954) & AFSL 478233. Equity Trustees Limited (Equity Trustees) (ABN 46 004 031 298) AFSL 240975, is a subsidiary of EQT Holdings Limited (ABN 22 607 797 615), a publicly listed company on the Australian Securities Exchange (ASX: EQT), is the Responsible Entity of the India Avenue Equity Fund. This document has been prepared to provide you with general information only and does not take into account the investment objectives, financial situation or particular needs of any person. It is not intended to take the place of professional advice and you should not take action on specific issues in reliance on this information. IAIM does not express any view about the accuracy and completeness of information that is not prepared by IAIM and no liability is accepted for any errors it may contain. Past performance should not be taken as an indicator of future performance. You should obtain a copy of the product disclosure statement before making a decision about whether to invest in this product. No part of this material may be copied, duplicated or redistributed without prior written permission of IAIM or Equity Trustees. The user will be held liable for any unauthorised reproduction or circulation of this document, which may give rise to legal proceedings. Information contained here is based on IAIM’s assumptions and can be changed without prior notice. It is not and may not be relied upon in any manner as legal, tax or investment advice or a recommendation or opinion in relation to an IAIM financial product or
service, or any other financial product or service. Please consult your advisors, read the relevant offer document and consider whether the relevant financial product or service is appropriate for you before making any investment decision. Investment in securities involves risks and there is no assurance of returns or preservation of capital. Neither IAIM, Equity Trustees, nor any of its related parties, their directors, employees, agents or representatives shall be liable for any damages whether direct or indirect, incidental, special or consequential including lost capital, lost revenue or lost profits that may arise from or in connection with the use of this information.
