Big Box Retailers Honoured At Inaugural Awards
Last night, ahead of Black Friday and Cyber Monday, retail industry giants celebrated their achievements at the inaugural Large Format Retail Association (LFRA) Gala Awards dinner at Crown Melbourne.
Large Format (Big Box) Retail is the fastest growing sector of the Australian retail industry, comprising of approximately 35% of all retail floor space and 25.1% (or $81.7 billion per annum) of all retail sales in Australia, as of the financial year ending June 30, 2019.
“The Gala Awards dinner was a first for our industry and was a huge success with almost 500 people from across the country in one room,” said Philippa Kelly, LFRA’s CEO.
“After a big year for Large Format Retail, including the recent ACCC authorisation for our members to form a national collective buying group to negotiate a better electricity deal, it was great to enjoy and celebrate as a sector.”
Awards presented last night included:
“We’ve received many high-quality applications for each award, making it extremely difficult for the selection panel,” Kelly said.
“Each recipient is a leader not only within the Large Format Retail sector, but in Australian retail overall.”
“All are very deserving of their award and have contributed tremendously to Large Format Retail success year after year.”
The selection panel consisted of Philippa Kelly, former Bunnings CEO and 2018 Warwick Shedden Memorial Award recipient John Gillam, managing partner at PwC Melbourne Peter Konidaris, and former PwC Melbourne partner and 2018 Warwick Shedden Memorial Award recipient Stuart Harker.
The dinner also celebrated the 20th anniversary of the Large Format Retail Association, formally known as the Bulky Goods Retailers Association.