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Australia's Metcash flags end to 7-Eleven grocery supply deal

Published 22/11/2019, 12:55 pm
© Reuters.  Australia's Metcash flags end to 7-Eleven grocery supply deal
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Nov 22 (Reuters) - Metcash Ltd MTS.AX said on Friday convenience store chain 7-Eleven will not renew its supply agreement with the Australian grocery distributor after their current contract ends in 2020.

Metcash was unable to reach an agreement with 7-Eleven on its supply requirements on the east coast, and said it remains in discussions with the Japanese-American brand to continue supply in Western Australia.

Primarily held by Tokyo-listed Seven & I Holdings Co 3382.T , 7-Eleven operates in Australia through a franchise agreement with the Withers and Barlow family.

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