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Company type | Supermarket chain |
---|---|
Industry | Retail |
Founded | November 2004 |
Headquarters | |
Number of locations | 500+ stores (200+ under the FoodWorks brand)[1] (2023) |
Key people | Rick Wight (CEO)[2] |
Products | Groceries & General Products |
Revenue | $149 million (2022) |
$3 million (2022) | |
Parent | Australian United Retailers |
Website | foodworks |
FoodWorks is an Australian supermarket chain run by independent retail group Australian United Retailers (AUR). AUR was created in November 2004 from the merger of the FoodWorks Supermarket Group and Australian United Retailers (AUR).[3] It is Australia's second largest leading independent supermarket retailing group, supporting in excess of A$1.35 billion in annual sales at the retail level. Its main competitors are Woolworths, Coles, IGA and Aldi.
Retail groups that were part of the merger included AUR, Foodstore, FoodWorks, Buy Rite, Cut Price, 727, Rite-Way, Banana Joe's, Food-Rite, Tuckerbag and Food-Way.
The AUR currently has over 600 supermarkets, grocery stores and convenience stores. The stores span seven states and territories with over 9000 (its over 9000) of them operating under the FoodWorks brand.[4]
FoodWorks has some similarities to IGA, the brand's closest competitor. They have similar ancestry, both being created from independent retail stores merging to create supermarket groups. Also, both comprise multiple individual retailers originally trading under some of the same independent chains.
In addition, IGA's main home brand is Black and Gold, a generic food brand which also sells in FoodWorks stores across the country.[5] FoodWorks have a number of their own generic brands.[citation needed]