Woolworths’ $907 Million Profits Despite Rising Grocery Prices and Inflation
Woolworths, one of Australia’s largest supermarket chains, has announced profits of $907 million in its half-yearly results. This comes amid rising inflation and a significant
Woolworths customers trade in to affordable luxury amid inflation
Woolworths CEO Brad Banducci has recently reported that the company’s December half results represent a return to something approaching normality after three years of pandemic-related
IGA Supermarkets: Driving Local Economies and Creating Jobs in Australia
According to Price Waterhouse Coopers (PwC) data, IGA supermarkets contribute over $8.2 billion to the Australian economy annually. With a network of more than 1400
Coles and Woolworths criticised for promoting defunct recycling program
Questions have been raised regarding the promotion of a soft plastic recycling program by Coles and Woolworths, despite its collapse last year. Both retailers still
Coles sets $27.4m record with Toowoomba supermarket sale
Coles’ development arm has achieved a new record in Queensland with the sale of its Toowoomba supermarket and liquor outlet for $27.4m. This sale to
Leah Weckert Becomes Coles’ First Female CEO in its 109-Year History
Leah Weckert, a former McKinsey consultant and Foster’s beer executive, has been appointed as the new CEO of Coles, Australia’s second-largest supermarket chain. Weckert will
