The Australian Competition and Consumer Commission (ACCC) has released its final report on the supermarket sector, making 20 key recommendations to address competition concerns. The inquiry found that ALDI, Coles, and Woolworths rank among the most profitable supermarket chains globally, with their average product margins increasing over the past five years. Key Recommendations for a […]
ACCC’s Supermarket Report Released Read More »
Coles is reducing its product range by at least 10%, a move aimed at boosting profits but raising concerns among suppliers. The supermarket giant has been working with consultants from Bain for months to streamline its offerings, potentially increasing sales for remaining products. The decision comes amid rising scrutiny of major supermarkets over grocery prices.
Coles Cuts Product Range in Profit-Boosting Move Read More »
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