Who are the biggest grocery retailers?Following a demerger from the Wesfarmers Group, Coles Group has enjoyed steady sales revenues of 38 million Australian dollars on average over the last few years, despite a slight decline in 2020. Earnings before interest and taxes of Coles Group increased to almost two billion Australian dollars in the latest financial year.
Coles main rival, the Woolworths Group, have recognized similar results. Total food sales of Woolworths Group have increased to over 44 million Australian dollars, and Woolworth's earnings before interest and taxes have fluctuated at around the same levels as Coles.
Relative newcomers to Australia, German company Aldi, have enjoyed market success in their formative years in the country. Aldi recognized a market share of around 11 percent, the third-largest share in the country. Additionally, it attracted the third-largest share of the national consumer grocery spend. There are now around 570 Aldi stores operating in Australia.