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 »
The nation’s largest and most valuable loyalty points program Flybuys blamed a “technical problem” for as many as 600,000 of members being wrongly issued with boosted points when shopping at Coles and began cancelling the points – but in a gesture of goodwill has now reversed that decision. The erroneously issued points would have seen
Flybuys cancelled points to be returned Read More »
The supermarket giants Coles and Woolworths’ Shoppers are warned to expect the prices to soar, as the cost of living in Australia climbs even further. The new research has revealed that the cost of products on shelves at supermarkets could increase by a whopping 12 per cent this year Last week, the reserve bank of
Coles and Woolworths to Increase the Cost of Products as Inflation Continues to Soar Read More »
A special kind of Coles supermarket has opened up inside a Sydney school as part of the brand’s commitment to inclusivity. Coles has established a one-of-a-kind mini store on the grounds of a school in what is hoped will have a meaningful impact on students. The fully functioning supermarket has been installed at St Lucy’s
Coles opens supermarket inside school for students Read More »
The $900m grocery wholesaler Metcash has hired investment bank Goldman Sachs to consider buying Superior Food Services from Quadrant Private Equity. Metcash is among trade buyers and private equity firms considering an acquisition of Superior Food Services in the second round of the competition. How serious Metcash’s pursuit of the business is remains unclear, with
Metcash hires Goldman Sachs to weigh Superior Food Services bid Read More »
Coles has unveiled the first electric truck in its fleet in a bid to pivot to greener practices, four years after competitor Woolworths. Coles has unveiled the first electric truck in its fleet, in a bid to pivot to greener practices. The supermarket giant says that the truck will avoid more than 60 tonnes of
Supermarket giant Coles unveils its first electric truck Read More »
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