It’s only getting harder for Australians to get their weekly grocery shop done within their budget. Milk appears to be the latest victim of the cost of living crisis, with supermarket giant Coles lifting the price on its home brand varieties. Coles says it has been forced to increase the price of its milk amid a rise in […]
Coles lifts the price on its home brand milk varieties Read More »
An Aussie supermarket has begun to crack down against vegetable “thieves” after a clip of a Melbourne store shelf went viral. An Aussie supermarket has launched a crack down against vegetable “thieves” after a clip of a Melbourne store shelf showing nothing but broccoli stalks went viral. A sign placed in front of a broccoli
Supermarket starts cracking down on broccoli ‘theft’ after viral clip Read More »
A host of food industry and farmer organisations representing $220 billion in sales has met with officials from the Australian Competition and Consumer Commission to air concerns that soaring inflation and the market clout of Coles and Woolworths could result in an increasing corporatisation of the food supply chain. The Food Industry Alliance has been established to
Food producers meet ACCC to keep lid on Coles, Woolies clout Read More »
Coles is reviewing the way it deals with requests for price rises as inflation forces its food and grocery suppliers to make multiple and urgent requests for cost increases. A major focus of the review is how suppliers will prove to Coles the size and scope of their own cost increases without compromising commercially sensitive
Coles to review price rises with suppliers as inflation runs rampant Read More »
Superior Food Services is now expected to sell to a private equity firm after two of the most likely strategic buyers reportedly left the sales process. The $3.75bn grocery wholesaler Metcash had hired investment bank Goldman Sachs to consider buying Superior Food Services, but is understood to be out of the race. Also out of
Metcash, Coles pull out of race for Superior Food Services Read More »
As the cost of living skyrockets, Australia’s leading supermarket bosses have shared their in-store tips, tricks, deals and programs on offer to save Aussies save their hard earned cash. Rising interest rates, power, petrol and food prices are putting a strain on many household budgets. But supermarkets are promising to help, offering a range of
Supermarket bosses share their tips to save cash at the checkout Read More »
Woolworths is best positioned to pass on inflation and higher costs of doing business to shoppers and has proven to be a “hard negotiator” with suppliers seeking price rises, building a strong defensive wall protecting its profitability, according to a Goldman Sachs analyst. The nation’s largest supermarket chain has also built itself a commanding online
Woolworths better positioned than rivals Read More »
Desperate times may call for desperate measures, but no one in the sector wants to see a return to the dark days, when the major chains abused their market power. Seven years after the Food and Grocery Code of Conduct came into effect, tactics used by major supermarket chains to pressure suppliers are making an
‘Bullying’ returns to food sector as supermarkets offset rising prices Read More »
The Coles CEO has issued a dire warning, foreshadowing the supermarket chain’s impending hike in grocery prices. The Coles CEO has foreshadowed the supermarket chain’s impending hike in grocery prices as it contends with skyrocketing supplier costs and severe labour shortages. Addressing attendees at The Australian’s Global Food Forum on Wednesday, Coles chief executive Steven
Coles CEO Steven Cain issues warning about ‘fragile’ price issue Read More »
Coles chief executive Steven Cain has lifted the curtain on the food supplier pressures currently running rampant through the nation’s $100bn supermarket sector by revealing the level of grocery suppliers knocking on his door petitioning for price rises is up five times compared to last year. The boss of the country’s second biggest supermarket chain
The brand behind this popular lunchbox snack has revealed it has faced a significant increase in costs to produce and distribute its products. Shoppers are reacting to a small but noticeable omission on major supermarket shelves this week. Popular wholegrain snack Ryvita has revealed it has faced a significant increase in costs to produce and
Why Ryvita has vanished from Woolworths and Coles Read More »
Prices for fresh fruit and vegetables are expected to soar over the coming weeks as supply chain woes continue to affect supermarkets. Prices for fresh fruit and vegetables are expected to soar over the coming weeks as supply chain gaps continue to affect all four supermarket giants. Flooding in March and this month’s heavy rain
Grocery prices soar over supply glitch Read More »
The supermarket giant is considering changing the way shoppers can grab a trolley with a trial at one of its stores. Grabbing a shopping trolley at the supermarket may soon require you to download an app and enter your credit card details. New coinless shopping trolley locks are being trialled at one Coles supermarket in Victoria
Coles trials new app and coinless shopping trolleys Read More »
IndiHub is the place where Retailers come to save money, save time and grow their business, and provides members with all the help and advice required to run a successful and highly profitable business.
