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Metcash Drakes

Metcash Extends Drakes Supermarkets Partnership to 2034

Metcash Limited has solidified its partnership with Drakes Supermarkets in Queensland, extending their supply agreement by another five years, now running through June 2034. This extension underscores the strength of their ongoing collaboration in delivering essential goods to Queensland communities. Metcash currently supplies 22 Drakes-branded supermarkets across Queensland, generating significant sales of $222.5 million through

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salmon

Woolworths Urged To Halt Macquarie Harbour Salmon Sourcing

Woolworths is under pressure from activist shareholders to stop sourcing farmed salmon from Macquarie Harbour, Tasmania, the only known habitat of the endangered Maugean skate. The Maugean skate, a rare species of ray, faces severe threats due to salmon farming in Macquarie Harbour, which produces nearly 9,500 tonnes of salmon annually. A federal environment report

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coles & woolworths

Woolworths and Coles Reject ACCC’s Fake Discount Allegations

Supermarket giants Woolworths and Coles have firmly denied claims of misleading discounts, stating that most of their price increases were driven by suppliers, making the later discounts real. The Australian Competition & Consumer Commission (ACCC) has accused the two retailers of deceiving customers. However, Woolworths and Coles argue that the price hikes were necessary to

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discounts

Coles and Woolworths Accused of Misleading Shoppers with Fake Discounts

Woolworths and Coles have been accused of misleading customers into thinking they were getting discounts on everyday groceries, according to new court documents. Items like pet food, fly spray, tampons, and even infant formula were marketed with discounts as high as 39%. However, the discounts were often not real, and some products were still sold

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local grocers

Local Grocers Thrive Amid Supermarket Giants’ Land Banking Controversy

Paul Pouloudis has been selling fruit and vegetables for years at the same store his grandfather opened back in 1939. The Tweed Fruit Exchange, located in Murwillumbah, less than an hour’s drive from Byron Bay, has managed to keep its doors open even as larger stores have moved into town.  “We’re still a family-owned business

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ACCC

ACCC Sues Woolworths and Coles for Misleading Discount Pricing

The ACCC has launched legal action in the Federal Court against Woolworths Group Limited (Woolworths) and Coles Supermarkets Australia Pty Ltd (Coles) for allegedly misleading consumers through deceptive discount pricing on hundreds of everyday products.  The Australian Competition and Consumer Commission (ACCC) claims that Woolworths and Coles inflated the prices of certain items for brief

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supermarket

ACCC Unveils Interim Report on Supermarket Inquiry

This week, the Australian Government released the ACCC’s Supermarkets Inquiry Interim Report, shedding light on the country’s major supermarket chains. The ACCC is scrutinising all aspects of the supermarket industry, from market dominance and competition to rising prices and tactics like shrinkflation. They’re also examining the buying power of supermarkets and concerns from both consumers

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ACCC

Government Injects $30M to ACCC to Combat Misleading Supermarket Practices

The Australian Competition and Consumer Commission (ACCC) has been given a $30 million boost to crack down on misleading pricing and other unfair practices in the country’s supermarket industry. This move follows allegations that supermarket giants Woolworths and Coles have been engaging in deceptive discounting tactics. Prime Minister Anthony Albanese announced the funding increase, emphasising

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