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Metcash (ASX:MTS) is making another push for a bigger slice of Australia’s $10 billion convenience store market, through product diversification.
New fresh categories, such as vegetables and fruit will be offered, as well as non-traditional items, such as hardware.
The grocery wholesaler is taking a different tact, to carve out market share from competitors, rather than attempt to undercut the supermarket duopoly on price alone.
Metcash claims a one fifth share of the current market, recently upgrading its 15 distribution centre operation to supply small items directly to wholesale customers.
Metcash last reported a net profit of $98.2 million to April 30 2012.
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Last
$3.91 |
Change
0.000(0.00%) |
Mkt cap ! $4.297B | |||
| Open | High | Low | Value | Volume |
| $3.92 | $3.93 | $3.89 | $7.973M | 2.038M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 10839 | $3.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.93 | 24639 | 4 |
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| Last trade - 16.10pm 18/09/2025 (20 minute delay) ? |
| MTS (ASX) Chart |