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Coles to buy Supabarn supermarkets in ACT and NSW

By Canfan - 19 June 2015 44

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Independent supermarket chain Supabarn has today announced it will sell all but two of its ACT and NSW stores to supermarket giant Coles.

The sale will affect Supabarn’s Civic, Wanniassa, Kaleen and Crace stores, plus one under construction in Casey. Five stores in New South Wales will also be sold.

The sale is yet to be approved by the Australian Competition and Consumer Commission, but if it goes ahead, Coles will acquire the stores on a leasehold basis.

Supabarn, which opened its first store in the Canberra City in 1991, has not exited the market completely. It will retain the soon-to-be constructed store at Kingston, as well as a store in Gymea in Sydney.

According to a company statement, Supabarn’s directors have decided to scale down for family reasons.

All Supabarn store employees will be offered the opportunity to continue to work at their store.

SupaExpress stores are not included in the sale and will continue to trade as normal.

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44 Responses to
Coles to buy Supabarn supermarkets in ACT and NSW
Maya123 9:30 am 20 Jun 15

creative_canberran said :

Zultan said :

And the duopoly strengthens its grip….

Aldi is expanding, CostCo has entered the market. A local operator whose dairy case is perpetually home to expired products hasn’t done anything to improve competitiveness in the local grocery market.

As more of these foreign companies enter the market, we get less and less Australian product in the shop. When I had a look around these shops, most of the products on the shelves were imported. Carbon miles, and our own local producers missing out as the money goes off shore.

Kalliste 12:31 am 20 Jun 15

Bit disappointed with this. I only started shopping at Supabarn in the city recently when I started working in the city but I enjoy the more varied range they have over Woolworths and Coles.

Now we’ll have a bit more of the same.

rubaiyat 11:44 pm 19 Jun 15

Eeenie, meenie, minie mo…

Well that simplifies things!

I was so wracked with indecision every time I needed to do some shopping.

dkNigs 10:00 pm 19 Jun 15

Good news for Giralang residents? They might get a supermarket.

AgentK 9:17 pm 19 Jun 15

I think it’s a big shame to lose all those stores to Coles. Competition is good for consumers and one less player in the market doesn’t help. The signage of Superbarn looks much more modern than the Coles equivalent which gives local shops like Crace more prestige. Also the fact Superbarn is a small independent operating in Canberra buys some kudos and support amongst the locals. Coles is Walmart – expect random bogan isle violence.

dungfungus 8:54 pm 19 Jun 15

This move by Coles on Supabarn is turning the clock back about 20 years when Woolworths took over Cannons Supermarkets in Canberra.
I used to use Cannons at Erindale for everyday stuff and when I needed bulk I would go to Cannons Fyshwick where they sold hessian bags of flour and rice. Cannons had (like Supabarn have now) a superb range of “continental” and speciality foods which will not be there after the takeover as the suppliers do no fit the ColesWorth supply model.
I suppose there is the still grossly overpriced Fyshwick markets left.

dungfungus 8:47 pm 19 Jun 15

creative_canberran said :

Zultan said :

And the duopoly strengthens its grip….

Aldi is expanding, CostCo has entered the market. A local operator whose dairy case is perpetually home to expired products hasn’t done anything to improve competitiveness in the local grocery market.

Nothing wrong with expired date products.
I am sure the Pope would agree with me as he reckons we should make sacrifices to save the world.

JimCharles 8:03 pm 19 Jun 15

Is the Kaleen one the bigger one, or the smaller Supabarn in the other shopping centre?

joingler 7:02 pm 19 Jun 15

creative_canberran said :

Zultan said :

And the duopoly strengthens its grip….

Aldi is expanding, CostCo has entered the market. A local operator whose dairy case is perpetually home to expired products hasn’t done anything to improve competitiveness in the local grocery market.

Despite living in Belconnen Town Centre, I would go out of my way to Kaleen to shop at Supabarn. I moved to Crace last year and really loved shopping at Supabarn. I certainly won’t be shopping at the Coles here except for dire emergencies. I would revert to going to the SupaExpress/IGA at Watson or Aussie Farmers Direct who have good food but are rather expensive & inconvenient.

JC 5:16 pm 19 Jun 15

Proves what I have been saying for a long time. Supabarn and some other local supermarket operators are more than happy to complain and whinge about the big bad guys, have competition policy changed to suit them, yet when they want to cash in more than happy to sell.

Bit of a relief actually. The new Casey supermarket is going to be interesting. Went for a drive out that way and saw the construction taking place and not sure how that building is going to fit Supabarn (soon to be Coles), Aldi and 30 shops. Looks like the whole building is about 1/3rd bigger than an average Coles or Wollies, yet going to have two supermarkets and the other shops.

Zultan 5:10 pm 19 Jun 15

creative_canberran said :

Zultan said :

And the duopoly strengthens its grip….

Aldi is expanding, CostCo has entered the market. A local operator whose dairy case is perpetually home to expired products hasn’t done anything to improve competitiveness in the local grocery market.

creative_canberran said :

Zultan said :

And the duopoly strengthens its grip….

Aldi is expanding, CostCo has entered the market. A local operator whose dairy case is perpetually home to expired products hasn’t done anything to improve competitiveness in the local grocery market.

and selling out to Coles improves competitiveness how?

creative_canberran 4:45 pm 19 Jun 15

Zultan said :

And the duopoly strengthens its grip….

Aldi is expanding, CostCo has entered the market. A local operator whose dairy case is perpetually home to expired products hasn’t done anything to improve competitiveness in the local grocery market.

Zultan 4:09 pm 19 Jun 15

And the duopoly strengthens its grip….

Rollersk8r 2:48 pm 19 Jun 15

Awesome – so we can have our shops in Giralang now!!??

bd84 2:47 pm 19 Jun 15

If approved, I would expect the legal objection on the Giralang Woolies is now shot down in flames as it should have in the first place.

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