Coles executives have denied claims that their ownership of a vacant plot of land just 200 metres from one of their Perth supermarkets constitutes anti-competitive land banking. The Australian Competition and Consumer Commission (ACCC) has been investigating the issue, with Coles providing a second day of evidence as part of the inquiry. The Land in […]
Coles Defends Land Ownership Amid Accusations of Land Banking Read More »
Metcash, the supplier to IGA, has launched a state-of-the-art $300 million distribution centre (DC) in Truganina, setting a new benchmark for logistics in Australia. This vast 115,000-square-metre facility is a game-changer for independent retailers, significantly expanding the range of food and liquor products available to customers. According to Metcash, the centre is the largest single-level
Metcash Unveils $300M State-of-the-Art Distribution Hub in Victoria Read More »
The Albanese government has made a groundbreaking move by signalling its intention to transform the Food and Grocery Code of Conduct from a voluntary agreement into a mandatory rule for major supermarket chains, including Woolworths, Coles, Metcash, and Aldi. This change comes with the potential for severe penalties if these supermarkets exploit their market dominance
Albanese Government to Enforce Mandatory Code on Supermarkets Read More »
Australia’s leading supermarkets are under scrutiny for potentially misleading shoppers with promotional offers that may not deliver the discounts they promise. A study by consumer advocacy group Choice found that one in four shoppers struggle to discern whether a supermarket label indicates a genuine price reduction. Over 1000 consumers nationwide participated in the research, which
Supermarkets Under Fire for Misleading Discount Deals Read More »
In a respite for consumers and a challenge to the political push against alleged price gouging by supermarket giants, price cuts on popular groceries have played a pivotal role in curbing inflation in Australia. The latest data from the Australian Bureau of Statistics (ABS) reveals that a drop in grocery prices has contributed to a
Declining Grocery Prices Undermine Stricter Regulation Read More »
Woolworths and Coles have reduced the prices of red meat products for consumers while defending their payment rates to farmers. This comes as former Australian Competition and Consumer Commission (ACCC) chairman Allan Fels, who was chosen by unions to investigate allegations of price gouging, called for a competition watchdog inquiry into the major supermarket chains.
Australian Supermarkets Slash Red Meat Prices Amid ACCC Inquiry Calls Read More »
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