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 »
Coles, one of Australia’s leading supermarkets, has firmly denied allegations of penalising suppliers who decline to participate in its promotional activities. These claims surfaced during an Australian Competition and Consumer Commission (ACCC) inquiry into potential anti-competitive behaviour within the grocery industry. The federal government initiated the inquiry in January to scrutinise supermarket pricing strategies and
Coles Denies Claims of Supplier Reprisals Amid Grocery Sector Inquiry Read More »
Fred Harrison, CEO of Ritchies, the country’s largest network of independent supermarkets, is grappling with two significant challenges that are severely impacting his business: the surge in illegal tobacco sales and the growing dominance of major players like Woolworths and Coles. The first issue, which Mr Harrison describes as a “major headache,” is the increasing
Ritchies CEO Demands Action on Illicit Tobacco and Land Banking Read More »
At Coles’ recent annual general meeting, shareholders expressed deep dissatisfaction with the supermarket’s handling of key environmental issues, particularly the contentious practice of salmon farming in Tasmania’s Macquarie Harbour. Concern centred on the plight of the endangered Maugean skate fish, which has been severely affected by farming practices in the harbour, home to a dwindling
Shareholders Criticise Coles on Environmental Failures Read More »
Under increased scrutiny from the Australian Competition and Consumer Commission (ACCC), German discount retailer Aldi has provided some insight into its notably low pricing strategy, distinguishing itself from rivals Coles and Woolworths. Aldi has long maintained its position as a significantly cheaper option, with recent explanations highlighting why this is the case. Aldi attributes its
Aldi Reveals Cost-Cutting Secrets Amid ACCC Pricing Probe Read More »
Coles is intensifying its investment in the supply chain, from the farm to consumers’ front doors, announcing plans to allocate $880 million toward a new, technologically advanced distribution centre. This comes on top of the $1.4 billion Coles has already invested in its food and grocery supply chain. In its first-quarter sales report, Coles revealed
Coles Invests $880M in New High-Tech DC Read More »
Supermarket giants Woolworths and Coles have firmly denied claims of misleading discounts, stating that most of their price increases were driven by suppliers, making the later discounts real. The Australian Competition & Consumer Commission (ACCC) has accused the two retailers of deceiving customers. However, Woolworths and Coles argue that the price hikes were necessary to
Woolworths and Coles Reject ACCC’s Fake Discount Allegations Read More »
The ACCC has launched legal action in the Federal Court against Woolworths Group Limited (Woolworths) and Coles Supermarkets Australia Pty Ltd (Coles) for allegedly misleading consumers through deceptive discount pricing on hundreds of everyday products. The Australian Competition and Consumer Commission (ACCC) claims that Woolworths and Coles inflated the prices of certain items for brief
ACCC Sues Woolworths and Coles for Misleading Discount Pricing Read More »
Coles has reported a significant 30% increase in e-commerce sales as it continues enhancing its app and website, aiming to offer customers a more personalised shopping experience. In the 53 weeks leading up to June 30, Coles recorded $3.7 billion in online supermarket sales, a notable rise from the $2.8 billion achieved during the previous
Coles Sees 30% Surge in Online Sales Read More »
Coles, is set to enhance customer experiences in NSW and Canberra with better-stocked shelves and a more tailored product selection, thanks to a new high-tech warehouse in western Sydney. This state-of-the-art distribution centre, which is as large as 25 rugby fields, and a similar facility in Queensland launched a year ago represent a significant $1
Coles Unveils High-Tech Warehouse in Sydney Read More »
A small Victorian milk company, Gippsland Jersey, faces a major challenge after supermarket giant Coles removed its products from 65 stores. This decision comes after the company refused to provide Coles with a bigger profit margin. Starting next month, Gippsland Jersey milk will be available in only about 16 Coles supermarkets across Victoria. This leaves
Gippsland Jersey Dropped by Coles Read More »
Responding to the outbreak of bird flu at five farms in Victoria, Coles Supermarkets have taken proactive steps by enforcing a purchasing limit of two cartons of eggs per customer. This measure is not only addressing the supply chain disruptions but also ensuring that more customers can access eggs, thereby maintaining a sense of normalcy
Coles Limits Egg Purchases Amid Bird Flu Outbreak in Victoria Read More »
Australians’ trust in Coles and Woolworths has plummeted, according to Roy Morgan’s latest quarterly rankings. Woolworths, which had been the top trusted brand since May 2020, has dropped to the 34th position, following accusations of price-gouging alongside rival Coles. Coles has suffered even more, plummeting a record-breaking 221 places to become the ninth least trusted
Trust in Coles and Woolworths Plummets Amid Price-Gouging Allegations Read More »
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