Coles

Inflation

Coles and Woolworths to Increase the Cost of Products as Inflation Continues to Soar

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

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Metcash

Metcash hires Goldman Sachs to weigh Superior Food Services bid

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

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JBS

Woolworths, Aldi respond to reports of corruption at meat supplier JBS

Australian supermarkets have responded after a major meat and seafood supplier faced allegations of corruption. While the name JBS Foods may not ring any bells for most consumers, the Brazilian meat company is the biggest meat manufacturer in the world and supplies Woolworths, Coles, Aldi, IGA and many more popular food retailers in Australia. Shoppers

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Coles

Coles sales surge despite pandemic, floods – but Covid costs $65 million

Coles Group weathered what it described as significant Covid and flood-related disruptions during the third quarter to post a 3.9-per-cent lift in sales to $9.295 billion. The company said staff absenteeism related to isolation requirements during the Omicron outbreak led to “availability challenges and short-term impacts on Coles’ promotional program and disruptions to stores and

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carbon-neutral beef

Coles to be first Australian supermarket to offer carbon-neutral beef

Coles will be the first major Australian supermarket to offer a carbon-neutral beef product line, as it seeks to tap into rising demand from consumers for sustainable products. Agriculture is one of the world’s largest sources of emissions, prompting calls for consumers to reduce meat consumption in a bid to aid global efforts to meet

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lobsters

Supermarkets go head-to-head over $22 lobsters for Easter rush

The latest battleground between Australia’s biggest supermarkets is the price of local lobster as grocers look to capitalise on the annual Easter seafood rush. Both Coles and Woolworths have committed to selling Western Australian-sourced rock lobsters at $22 each, which is almost half the traditional price per whole lobster. Starting from tomorrow, Woolworths says it

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unpaid wages

Federal Court says unpaid wages cases against Woolworths and Coles could be merged into one proceeding

The country’s supermarket giants face the prospect of a marathon, highly damaging legal action on unpaid wages for up to 28,000 employees after the Federal Court said four separate proceedings could be merged into one. In an unusual move, the court said two claims brought against Woolworths and Coles by the Fair Work Ombudsman could

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delivery fee

Woolies, Coles rule out delivery fee hike, click and collect charges despite fuel squeeze

Major supermarkets Coles and Woolworths have denied suggestions they could lift home delivery fees or begin charging customers for click and collect orders despite rising fuel prices and concerns from analysts about a squeeze on online profit margins. On Sunday, the two grocery giants confirmed there were no plans to change the fee structure of

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