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ACCC Unveils Interim Report on Supermarket Inquiry

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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

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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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metcash

Metcash Sees Steady Growth Amid Economic Challenges

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Metcash, the wholesale giant behind supermarkets, liquor, and hardware, is anticipating tough trading conditions and increasing pressure on consumers as we approach the Christmas season. Despite these challenges, Metcash’s supermarket sector has shown solid growth since July. However, the growth in food and grocery sales didn’t meet some analysts’ expectations, which led to pressure on

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Baralaba

Baralaba’s Foodworks and Cafe Operator Enters Administration

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The company operating the Baralaba pub, which burned down just over two weeks ago, has now gone into administration and is being forced to sell its businesses, including the town’s only supermarket and cafe. This situation has left the close-knit community, located 150 km southwest of Rockhampton, in disarray, especially after staff were met by

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menulog

Menulog Partners with Coles Liquor for Nationwide Delivery Expansion

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Menulog, one of Australia’s leading delivery platforms, has announced a major partnership with Coles Liquor, making it the first major liquor retailer to join the app. This partnership gives consumers access to liquor from over 650 stores across the country. Customers can now order drinks from Liquorland, First Choice Liquor Market, and Vintage Cellars through

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Brad Baducci

Former Woolworths CEO’s Final Days Behind Register Ignite Public Debate

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A recent photo of former Woolworths CEO Brad Banducci working behind a checkout counter in his final days with the company has ignited heated debate online. Banducci, who spent 13 years at Woolworths and served as CEO for eight of those years, stepped down in February following a controversial ABC Four Corners report. The report

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self-checkout

U.S. Supermarkets Shift Focus from Self-Checkout to Customer Service

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At 6 p.m. in Trader Joe’s, Midtown Manhattan, there’s a long line wrapping around the store, reaching the escalator. All 20 registers are staffed by enthusiastic cashiers who raise paddles when ready for the next customer. An employee holds a sign indicating the end of the line, while another directs the queue through busy aisles.

U.S. Supermarkets Shift Focus from Self-Checkout to Customer Service Read More »

Liquorland

Coles to Rebrand Select Liquor Stores as Liquorland

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Coles is gearing up to rebrand several Vintage Cellars and First Choice Liquor Market stores as Liquorland outlets, marking a significant shift in their liquor retail strategy. As part of a pilot program, nine South Australia, Queensland, and Victoria stores will undergo this transformation starting in November. Coles’ liquor division CEO, Michael Courtney, described this

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Price Gouging

Local Grocer Exposes Supermarkets’ Price Gouging and Waste

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Grocery prices are soaring, but one Brisbane greengrocer is challenging the major supermarkets for their wasteful practices that are driving costs up unnecessarily. At Skippy’s Fresh Frootz in Victoria Point, they’re offering deals like seedless watermelon for under $1 a kilo and other produce for as little as 20 cents a kilo. Manager Elijah Etri

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woolworths

Woolworths Net Profit Plunges 93%

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Woolworths, Australia’s largest retailer, is rewarding its shareholders with a special dividend of 40 cents per share despite experiencing a significant 93% drop in annual net profit. This decline is largely due to substantial impairments related to its stake in Endeavour, a drinks group, and its underperforming New Zealand supermarkets. Once again, Woolworths’ Australian supermarkets

Woolworths Net Profit Plunges 93% Read More »

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