News Archives - Page 15 of 44

Metcash Implements Changes in Supplier Payments

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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Popular Australian Milk Brand Made By Cow in Voluntary Administration

News / Dan Armes

An Australian milk brand that was highly cherished by consumers has declared its voluntary insolvency, leaving its loyal customers in a state of profound distress. Known as Made By Cow, this brand was distributed in major supermarkets like Coles and Woolworths, as well as independent retailers, and had gained a devoted following for its claim

Woolworths’ Everyday Rewards Program Faces Backlash Over Changes

News / Dan Armes

Woolworths’ Everyday Rewards Extra program has recently undergone several changes that have left shoppers extremely frustrated as the modifications have significantly reduced the program’s value. The retailer, which only launched the program last year, has announced three major adjustments. Firstly, the annual subscription fee has increased from $59 to $70. Secondly, members will no longer

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ACCC Objects to Woolworths’ Purchase of Karabar’s SUPA IGA

News / Dan Armes

The Australian Competition and Consumer Commission (ACCC) has expressed its opposition to Woolworths’ planned purchase of the SUPA IGA supermarket in Karabar, NSW, along with its co-located Liquor Boss store. The regulatory body has determined that this acquisition would likely result in a significant reduction in competition within the local grocery supply market. Gina Cass-Gottlieb,

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Surging Food Inflation Challenges Budgets and Shoppers

News / Dan Armes

Hopes of relief for household budgets from high food and grocery prices have been shattered as investment bank UBS issued a warning that food inflation reached a record high of 9.6% in April. This surge in prices is attributed to ongoing challenges in the supply chain and labour market, causing inconvenience and expense for shoppers.

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Supermarket Giants Dominate Australia’s Fresh Bread Market

News / Dan Armes

According to the latest findings from Roy Morgan in the year leading up to December 2022, Woolworths Group and Coles Group, the two major supermarket chains, have a combined market share of 60.4% in Australia’s fresh bread market, which is valued at $2.5 billion. Although the overall size of the fresh bread market has decreased

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Empowering Your Supermarket Team for Success

News / Dan Armes

As a supermarket owner, there are ways you may unknowingly undermine your team, even if it’s not intentional, and this can be detrimental. What does it mean to be an accidental diminisher? It can be characterised in various ways. Ask yourself these questions: Are you overly focused on completing mundane tasks, neglecting to manage your

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News

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

Popular Australian Milk Brand Made By Cow in Voluntary Administration

Woolworths’ Everyday Rewards Program Faces Backlash Over Changes

ACCC Objects to Woolworths’ Purchase of Karabar’s SUPA IGA

Surging Food Inflation Challenges Budgets and Shoppers

Empowering Your Supermarket Team for Success

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