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Author name: Kath Chan

woolworths

Former Woolworths Chairman Unveils ‘Truth’ on Supermarket Price Gouging Debate

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In commerce, the voice of experience often resonates with authority, shedding light on intricate dynamics that evade the casual observer. Ralph Waters, former chairman of Woolworths, Australia’s retail titan, emerges from the shadows of corporate silence to deliver a resounding verdict on the storm brewing around supermarket pricing. With a tenure spanning from 2011 to […]

Former Woolworths Chairman Unveils ‘Truth’ on Supermarket Price Gouging Debate Read More »

Coles

Coles’ Candid Acknowledgment of Rising Shelf Prices

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In the labyrinthine world of retail, where the delicate balance between supply and demand dictates the rhythm of commerce, Coles steps forward with an unvarnished truth: surging supplier demands are driving up shelf prices. With a staggering 1101 requests bombarding its gates, Coles pulls back the curtain on the intricate dynamics shaping the industry’s landscape.

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mondelez

Mondelez CEO Defends Woolworths and Coles Against Price Gouging Claims

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The leader of Mondelez, one of the world’s major supermarket suppliers and the owner of Cadbury, has rejected claims of price gouging by Woolworths and Coles in Australia. Mondelez Australia’s CEO, Darren O’Brien, argues that much of the negative criticism against these retail giants is based on emotions rather than concrete evidence of a dysfunctional

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grocery regulations

Transforming Australia’s Grocery Regulations for Fair Competition

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In a move to address the pressing concerns surrounding Australia’s food and grocery industry, the government has embarked on a mission to fortify the nation’s supermarket giants with a more robust regulatory framework. The catalyst for this transformation is a government-commissioned review led by former Labor competition minister and renowned economist Dr Craig Emerson, who

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woolworths clear cap

Revolutionising Recycling: Woolworths Paves the Way with Clear Milk Caps

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In a resounding display of environmental stewardship, one of Australia’s largest supermarket chains has initiated a transformative shift within the dairy aisle that could potentially set a precedent for the entire industry. Woolworths, an iconic name in the nation’s grocery landscape, took a decisive step towards sustainability in 2023 by bidding adieu to coloured milk

Revolutionising Recycling: Woolworths Paves the Way with Clear Milk Caps Read More »

metcash superior food group

Metcash in Talks to Acquire Superior Food Group

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Metcash, a prominent player in the Australian retail landscape, has made a resounding move that reverberated through the business world. The conglomerate, renowned for owning supermarket giants such as IGA and Foodland, alongside convenience champion Campbells/C-Store, has entered a trading halt. This dramatic pause in its financial activities comes as the company confirms its engagement

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IGA

IGA Stabbing: Two Suspects Charged Under New Retail Worker Protection Laws

News /

Two individuals now face charges in connection with a shocking incident that transpired at the Riverstone IGA in Sydney’s north-west. This disturbing event unfolded on a Sunday afternoon around 4:15 pm, when emergency services, including the police and an ambulance, were summoned to the scene. What they encountered was a 47-year-old man, presumably the store

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ACCC

ACCC Pledges a Comprehensive Investigation into Supermarket Pricing

News /

In a monumental move that marks the first comprehensive investigation into Australia’s supermarket sector in 15 years, the nation’s competition regulator, the Australian Competition and Consumer Commission (ACCC), is poised to delve into the intricate world of pricing. This significant development comes in the wake of the Albanese government’s announcement to investigate industry gouging, a

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woolworths drakes

Supermarket Boss Criticises Woolworths’ ‘Woke’ Move on Australia Day Merchandise

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The head of one of Australia’s major independent supermarkets has publicly criticised Woolworths, referring to the company as “woke” for its decision to stop selling Australia Day merchandise. JP Drake, who serves as the director of Drakes Supermarkets, voiced his concerns shortly after Drakes unveiled its latest catalogue that featured an “ingredients for Australia Day”

Supermarket Boss Criticises Woolworths’ ‘Woke’ Move on Australia Day Merchandise Read More »

red meat

Australian Supermarkets Slash Red Meat Prices Amid ACCC Inquiry Calls

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Woolworths and Coles have reduced the prices of red meat products for consumers while defending their payment rates to farmers. This comes as former Australian Competition and Consumer Commission (ACCC) chairman Allan Fels, who was chosen by unions to investigate allegations of price gouging, called for a competition watchdog inquiry into the major supermarket chains.

Australian Supermarkets Slash Red Meat Prices Amid ACCC Inquiry Calls Read More »

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