affordability

coles

Coles Urges Suppliers to Cut Costs Amidst Rising Living Expenses

In a recent communication to packaged food and grocery suppliers, Jonathan Torr, a top executive at Coles, emphasised the importance of cost reduction in response to consumer concerns about affordability. With living expenses increasing and pressure from both consumers and regulators to lower shelf prices, Torr stressed that cutting costs is a shared responsibility between […]

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supermarket profit

Rising Profits Spark Debate on Supermarket Dominance in Australia

Vivienne Mitchell’s brief TikTok video conveys a powerful message that has garnered widespread attention. Highlighting the economic disparities, she notes in her video, “In Australia, some have to work for two hours to buy an eight-pack of razors.” She contrasts this with a subsequent clip of the razors priced at $10 in a different store.

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