MEMBER AREA
Facebook-f Linkedin
JOIN NOW

Author name: Kath Chan

Brad Banducci

Woolworths CEO Brad Banducci appears at South Australian grocery price inquiry

News /

According to CEO Brad Banducci, Woolworths, a leading supermarket giant, is prepared to accept lower profits if it means delivering significant value to its customers. During a session with the South Australian legislative council investigating grocery prices, Banducci defended Woolworths’ $1.62 billion profit in 2023. He emphasised that the company would prioritise customer benefits over […]

Woolworths CEO Brad Banducci appears at South Australian grocery price inquiry Read More »

Queensland

Rural Queensland Supermarkets Threatened by Major Chains

News /

Independent supermarkets in Queensland are facing severe challenges due to the dominant market presence of major retailers Woolworths and Coles, an inquiry has heard. Wayne Mason, the Queensland operations manager for Australian United Retailers, which represents 103 independent FoodWorks supermarkets in the region, raised concerns about the impact of these large supermarkets on smaller, community-based

Rural Queensland Supermarkets Threatened by Major Chains Read More »

Albanese

Albanese Government to Enforce Mandatory Code on Supermarkets

News /

The Albanese government has made a groundbreaking move by signalling its intention to transform the Food and Grocery Code of Conduct from a voluntary agreement into a mandatory rule for major supermarket chains, including Woolworths, Coles, Metcash, and Aldi. This change comes with the potential for severe penalties if these supermarkets exploit their market dominance

Albanese Government to Enforce Mandatory Code on Supermarkets Read More »

Mondelez

Mondelez Australia Chief Warns of Manufacturing Crisis

News /

The head of Mondelez Australia, Darren O’Brien, has raised alarms about a deepening crisis in the country’s manufacturing sector, stressing that it is just as critical as the cost of living issues plaguing consumers. O’Brien, who oversees operations for a global powerhouse in the food industry known for brands like Cadbury and Toblerone, articulated these

Mondelez Australia Chief Warns of Manufacturing Crisis Read More »

supermarket price

Suppliers Struggle as Supermarket Price Wars Intensify

News /

Food and grocery suppliers across the nation are facing tough times. Their ability to pass on increasing costs to supermarkets is dwindling amid growing scrutiny from politicians and public inquiries. This has led to more promotions and reduced shelf prices, squeezing supplier profits. Public and political pressure, intensified by inquiries like the Greens-led Senate investigation,

Suppliers Struggle as Supermarket Price Wars Intensify Read More »

Brad Banducci

The Senate Supermarket Inquiry has Presented 14 Recommendations

News /

Woolworths’ CEO Brad Banducci recently came under fire during a tense Senate inquiry session, but despite the heated discussions, he will not face any legal repercussions or jail time. This decision comes amidst a broader push by a Greens-led Senate committee, which has strongly critiqued the dominance of major supermarket chains like Woolworths and Coles

The Senate Supermarket Inquiry has Presented 14 Recommendations Read More »

Brad Banducci

Departing CEO Brad Banducci concedes that Woolworths was “out-traded” by Coles

News /

Woolworths CEO Brad Banducci recently acknowledged that competitor Coles had outperformed his company during the last quarter. Woolworths faced challenges like unpopular promotions, supply chain disruptions, and cautious consumer spending habits, leading to lower-than-expected sales. This widened the gap between Woolworths and Coles and missed analysts’ predictions. Banducci, who will soon step down, leaves behind

Departing CEO Brad Banducci concedes that Woolworths was “out-traded” by Coles Read More »

boycott

Cash Advocates Rally: Australians Urged to Boycott Major Retailers

News /

A powerful coalition of cash advocates, with over 50,000 members, is urging Australians to boycott Coles and Woolworths stores nationwide due to their payment policies. On Saturday, members of the Call out Cashless Businesses Facebook group issued a compelling plea for consumers to avoid these retail giants and instead support local family-owned businesses. Supporters rally

Cash Advocates Rally: Australians Urged to Boycott Major Retailers Read More »

metcash

Metcash’s proposed acquisition of Superior Food Services not opposed

News /

The ACCC will not oppose Metcash Trading Limited’s (Metcash) (ASX:MTS) proposed acquisition of wholesale food distributor SFG Group Holdings Pty Ltd, trading as Superior Food Services (Superior). Superior purchases a wide range of food products from suppliers and distributes them to food service businesses such as restaurants, cafes, hotels and clubs, petrol and convenience stores,

Metcash’s proposed acquisition of Superior Food Services not opposed Read More »

Dairy Farmers

Dairy Farmers Demand Tougher Rules to Stop Supermarket Bullying

News /

Queensland’s dairy industry is in crisis, and farmers say stronger laws are needed to stop supermarket tactics that drive down milk prices unfairly. Once a dairy powerhouse, Queensland must import about half its fresh milk supply. Dairy farmers are leaving the industry at twice the national rate. At a recent inquiry into supermarket pricing, dairy

Dairy Farmers Demand Tougher Rules to Stop Supermarket Bullying Read More »

Coles

Coles Supermarkets Sees Sales Growth Thanks to Smart Campaigns

News /

Coles has reported impressive sales figures for its supermarkets, with a 5.1% increase in revenue over the last quarter. The retail giant credits this growth to well-planned seasonal campaigns and the expansion of its own product lines. In its latest quarterly sales update released on Tuesday, Coles revealed that its supermarket revenue hit an impressive

Coles Supermarkets Sees Sales Growth Thanks to Smart Campaigns Read More »

misleading

Supermarkets Under Fire for Misleading Discount Deals

News /

Australia’s leading supermarkets are under scrutiny for potentially misleading shoppers with promotional offers that may not deliver the discounts they promise. A study by consumer advocacy group Choice found that one in four shoppers struggle to discern whether a supermarket label indicates a genuine price reduction. Over 1000 consumers nationwide participated in the research, which

Supermarkets Under Fire for Misleading Discount Deals Read More »

IndiHub is the place where Retailers come to save money, save time and grow their business, and provides members with all the help and advice required to run a successful and highly profitable business.

JOIN TODAY

general information

get in touch

creative. innovative. connected. website by inversit.
Scroll to Top