The new arrangements commence on 1 March and involve an agreement with an initial term of seven years.
The agreement includes supply to the 11 current Supabarn Supermarkets and SupaExpress Stores in the ACT and NSW and will extend to a further four new Supabarn stores scheduled to open progressively in the next 24 months as part of Supabarn’s aggressive growth plans.
Supabarn presently generate annual sales in excess of $250m and with its scheduled new store openings, anticipate exceeding $350m annual turnover when the four additional new stores are open and trading.
Source: Metcash
© FoodBev Media Ltd 2024