Metcash says it is focusing on closing the price gap between its stores and major competitors Coles and Woolworths as it warns of accelerating food and grocery inflation. The wholesaler, which also operates IGA and Foodland brands, said prices were up 4.9 per cent for the first quarter of a financial year ending April 30, […]
Metcash says it is closing the price gap with majors, Coles and Woolworths Read More »
The nation’s leading supermarket retailers, led by Coles, Woolworths and Aldi, will form part of a Soft Plastics Taskforce to explore solutions to address the immediate effects of the recent collapse of the REDcycle scheme for soft plastics. They received conditional interim authorisation from the competition regulator on Friday. Coles, Woolworths and ALDI lodged an
Coles Group boss Steven Cain believes the supermarket chain has hit the “sweet spot” with its widest range of items at low prices and groceries readied for click and collect pickup in under an hour as the battle for consumer convenience ramps up. The supermarket chain has shaved 30 minutes from its click and collect
Coles trims click and collect to less than 60 minutes Read More »
An Australian company has made its second round of lay-offs this year as the sector it operates in struggles to compete against Woolworths and Coles. An Australian online grocery delivery start-up, which raised $18 million in funding at the end of last year, has slashed more staff from its operations as the sector struggles to
Australian grocery delivery start-up cuts more staff Read More »
Major chains need to balance the needs of all stakeholders – consumers, suppliers and shareholders – to avoid greater scrutiny. Australia’s major supermarket chains are engaged in a delicate balancing act as food prices rise at the fastest pace in decades, adding to pressure on household budgets. Coles, Woolworths, Aldi and wholesaler Metcash face a backlash from
Food retailers need to tread carefully as prices soar Read More »
Supermarket chain IGA is shaking things up with a new concept store, delivering a uniquely old-fashioned bespoke service, with some huge differences to Coles, Woolworths and Aldi. The new stores, named IGA Local Grocer, will allow customers to choose which products they stock and are being rolled out in hundreds of locations across the country. Every Local Grocer you
Aussie supermarket owners reject self-serve checkouts Read More »
Australia’s largest plastic bag recycling program has collapsed amid revelations hundreds of millions of bags and other soft plastic items dropped off by customers at Coles and Woolworths are being secretly stockpiled in warehouses and not recycled. Instead of being taken to companies that use the plastic to make other items, REDcycle has been transporting
Coles, Woolworths Redcycle collapses after secret stockpiles revealed Read More »
Key points: Coles says it is experiencing a high volume of requests from suppliers to raise cost prices In response, Coles has asked producers to work on cutting costs on their end NSW Farmers says the supermarket is unfairly exploiting its market power New South Wales Farmers has hit back at supermarket giant Coles after
NSW Farmers slams Coles over response to producers’ requests Read More »
Coles Group chief executive Steven Cain says business leaders need a clear regulatory framework for what the government deems as baseline preventive standards against cyberattacks. Mr Cain said attacks were becoming more sophisticated and the business community was trying to understand what they needed to do to improve security following several high-profile breaches including hacks
Coles has doubled its cybersecurity spending Read More »
Coles, one of the nation’s largest supermarkets, is privately urging suppliers to cut costs rather than request price rises as it deals with a surge in demands to raise the price of products on shelves. In new correspondence with suppliers obtained by The Australian, the company says every business should “turn its mind” to reducing
Coles writes to suppliers asking them to cut costs Read More »
Serving the community has always been at the forefront for Colliver Rd Foodworks in Shepparton — but over recent days the shop took its dedication to a new level. While its immediate surrounds were engulfed by flood waters, the shop did not close its doors, giving locals the opportunity to stock up on the crucial
Colliver Rd Foodworks’ incredible effort to stay open Read More »
Key points: Coles and Woolworths are set to phase out caged eggs by 2025 Farmers are calling for financial support to ease the transition to free-range farming The egg industry says consumers can expect an egg shortage The plan to phase out caged hens by 2036 is causing national confusion among egg farmers, supermarkets and
Plans to phase out battery hens and caged eggs causing confusion Read More »
IGA has responded to cost-of-living pressures by price matching the lowest shelf items of its biggest rivals. Every IGA store in the country will match lower Woolworths and Coles’ prices for more than 600 ‘essential products’, from this month. Larger IGA stores will go a step further, and match the lowest regular shelf price of
IGA budget-friendly move ties prices to Coles and Woolworths Read More »
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