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 »
Supermarket operator Woolworths has stolen a march on Coles, snapping up a small Sydney mall in which its arch rival is the main tenant and paying a hefty premium for the $68 million property in the process. It’s the latest turf battle between the two grocery giants who typically duke it out on pricing in
Woolworths goes shopping for Coles supermarket Read More »
Coles Group boss Steven Cain expects shoppers will still splurge on items such as seafood, ham and Black Forest bombe puddings this holiday season and any major pull-back on spending will not occur until early next year. Mr Cain told The Australian Financial Review Coles is catering for all budgets and expects “the best Christmas ever” as
Coles boss still expects Christmas splurge Read More »
Australia’s two biggest supermarkets have both vowed to cut the cost of hundreds of items in their stores as the cost of living continues to soar. Coles announced today it will reduce the price of 150 of its products by 10-40 percent from Wednesday. The lower prices will be locked in until the end of January next year.
Supermarket war intensifies Read More »
Key points: The North Buderim IGA has closed after being unable to compete with a Coles complex Staff have found other jobs, but there are fears the closure will impact the remaining nine stores in the complex Centre management is confident of finding a tenant to fill the void A battle between supermarkets has been
‘Sad day’ as North Buderim IGA loses long-running battle Read More »
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