News Archives - Page 13 of 43

Coles Unveils Australia’s First Automated Warehouse for Supermarkets

Coles, a major supermarket chain in Australia, has revealed a significant transformation in its operations by introducing an automated warehouse to replace human packers with advanced machines. This pioneering automated distribution centre, situated in Brisbane, is the first of its kind in the country and will utilise cutting-edge robots instead of traditional warehouse workers. The […]

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Consumer Shift to Value and Frozen Foods: Metcash CEO

News / Dan Armes

Metcash CEO Doug Jones has observed a shift in consumer behaviour as shoppers prioritise value, opting for private label groceries and transitioning from fresh to frozen foods. The food, liquor, and hardware wholesaler is grappling with high inflation and a series of interest rate hikes. Independent supermarkets aligned with Metcash, such as IGA, Foodland, and

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Metcash’s IGA Reports Robust Sales Amidst Challenges

News / Dan Armes

Metcash, the owner of IGA, has reported that sales in all areas of its retail business remain robust and that it is actively addressing the challenges of increased costs. In the period ending on April 30, the company’s overall revenue increased by 6.2 percent to reach $15.8 billion, while its underlying tax-paid profit rose by

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Woolworths Commits to Phasing Out Caged Eggs

News / Dan Armes

Woolworths, the major supermarket chain, is taking steps to eliminate a commonly sold poultry product from its stores over the next few years, in line with its long-standing commitment to sustainability made in 2013. As part of its ongoing efforts towards sustainable growth, the retail giant will cease production and sales of caged eggs in

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Understanding the instant asset write-off scheme

News / Dan Armes

The instant asset write-off is a tax benefit available to small businesses in Australia. It allows businesses to immediately deduct the cost of eligible assets purchased and installed ready for use, up to a certain limit, reducing the amount of tax that the business must pay. This article will explore the ins and outs of

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Canberra Tops the List as Woolworths’ Worst Shoplifting City

News / Dan Armes

Canberra residents have earned the unenviable title of being the most prolific shoplifters at Woolworths, as recent data reveals that Australia’s capital city has the highest average theft rate for the popular supermarket chain. Among the 15 Woolworths stores in the Australian Capital Territory (ACT), high-priced baby formula emerges as one of the most frequently

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Metcash Implements Changes in Supplier Payments

News / Dan Armes

Metcash is attributing changes in supplier payments to the impact of rising interest rates and customer demands for extended discounts. The company, which is Australia’s largest food and grocery wholesaler for independent supermarkets, has given a five-month notice to suppliers, requesting faster payment processing. During a recent supplier conference, Metcash CEO Doug Jones urged supermarket

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Frustrated Farmer Takes Control: Direct Lamb Marketing Challenges Retail Prices

News / Dan Armes

Farmer Colin Harper was frustrated with his lack of control over the prices of his lambs when selling them. In order to address this issue, the farmer from southern New South Wales made the decision to bypass the traditional method of selling at saleyards and instead process and directly market his own lamb to consumers.

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$27M Apple Variety Set to Hit Supermarket Shelves

News / Dan Armes

Red Rich Fruits, one of Australia’s largest growers, has invested $27 million in the development of a new apple variety called the Cosmic Crisp, with hopes of reversing declining sales in the apple category. The company, which supplies major retailers like Woolworths, Coles, and Aldi, as well as independent IGA stores, has already planted 360,000

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Woolworths Trials Camera Tech for Product Availability

News / Dan Armes

Woolworths, a major supermarket chain, has initiated a trial of advanced camera technology in one of their stores in New South Wales, Australia. The purpose of this trial is to enhance “product availability” for customers. In the Wetherill Park store, located in western Sydney, over 500 cameras have been strategically positioned on nearly every shelf.

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Coles and Woolworths Accused of Underpaying Workers in Overtime Scandal

News / Dan Armes

The Federal Court has been informed that Coles and Woolworths cheated their employees out of overtime pay by implementing a payment system that deviated from Australia’s industrial awards system. The Fair Work Ombudsman and two class action claimants jointly initiated a trial against the supermarket giants, alleging that workers were underpaid over a span of

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Experts Warn: Supermarket Greed and Duopoly Increase Grocery Prices

News / Dan Armes

Experts claim that the rising prices of groceries, contributing to increased financial strain on struggling households, can be attributed to the greed of supermarkets and the grocery duopoly held by Coles and Woolworths. Recent research conducted by UBS revealed that food prices at Coles increased by 10.4% in April, while Woolworths experienced an 8.7% increase.

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Coles Unearths More Underpaid Wages, Faces $25M Settlement

News / Dan Armes

Coles, the latest company to acknowledge underpaying its employees, revealed on Friday that it had discovered further wage discrepancies for salaried managers. As a result, it would need to pay an additional $25 million to these workers, bringing the total amount owed to $50 million. In 2021, Coles had already incurred $13 million in remedial

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News

Coles Unveils Australia’s First Automated Warehouse for Supermarkets

Consumer Shift to Value and Frozen Foods: Metcash CEO

Metcash’s IGA Reports Robust Sales Amidst Challenges

Woolworths Commits to Phasing Out Caged Eggs

Understanding the instant asset write-off scheme

Canberra Tops the List as Woolworths’ Worst Shoplifting City

Metcash Implements Changes in Supplier Payments

Frustrated Farmer Takes Control: Direct Lamb Marketing Challenges Retail Prices

$27M Apple Variety Set to Hit Supermarket Shelves

Woolworths Trials Camera Tech for Product Availability

Coles and Woolworths Accused of Underpaying Workers in Overtime Scandal

Coles Unearths More Underpaid Wages, Faces $25M Settlement

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