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Coles

Coles CEO Steven Cain issues warning about ‘fragile’ price issue

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The Coles CEO has issued a dire warning, foreshadowing the supermarket chain’s impending hike in grocery prices. The Coles CEO has foreshadowed the supermarket chain’s impending hike in grocery prices as it contends with skyrocketing supplier costs and severe labour shortages. Addressing attendees at The Australian’s Global Food Forum on Wednesday, Coles chief executive Steven […]

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Woolworths

Woolworths pledges to ditch 15-cent reusable plastic bags by June 2023

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Woolworths on Friday became the first Australian grocery store to make the pledge, which ensures a regular trip to the local supermarket “is having less impact on the environment”. Woolworths has announced it will stop selling its 15-cent reusable plastic bags across the country in a gradual phase out over the next year. The supermarket

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Woolworths

Woolworths gets a taste for luxury apartments with tower projects

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Supermarket giant Woolworths is stepping up its push into mixed-use projects which capitalise on the prime locations of many supermarkets for luxury residential projects. The company’s development subsidiary, Fabcot Pty Ltd, has proposed plans to redevelop Neutral Bay Woolworths in the leafy Sydney suburb into a retail and residential complex. While Fabcot traditionally develops and

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Coles

Coles boss Steven Cain says price hike requests from suppliers is fives times the level of last year

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Coles chief executive Steven Cain has lifted the curtain on the food supplier pressures currently running rampant through the nation’s $100bn supermarket sector by revealing the level of grocery suppliers knocking on his door petitioning for price rises is up five times compared to last year. The boss of the country’s second biggest supermarket chain

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Tibaldi

Long-time Victorian ham and bacon maker Tibaldi dressed for sale

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The near 90-year-old small goods business Tibaldi, which supplies ham, bacon, salami and the like to Australia’s major supermarkets, is up for sale in an auction run by EY’s Melbourne office. Street Talk can reveal EY has started shopping the meats manufacturer to potential trade and private equity buyers, making an initial eight-point pitch ahead

Long-time Victorian ham and bacon maker Tibaldi dressed for sale Read More »

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