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supermarket duopoly

Coalition’s Divestiture Plan Fuels Supermarket Duopoly Debate

News /

The Coalition is being criticised for allegedly engaging in cheap politics by threatening to dismantle Australia’s supermarket duopoly. Aligning with the Greens may seem questionable, but it highlights how political interests can sometimes converge at the extremes. The Coalition is tapping into deep-seated frustrations within farming communities and small businesses about the overwhelming power of […]

Coalition’s Divestiture Plan Fuels Supermarket Duopoly Debate Read More »

Woolworths ACCC

Woolworths Urges ACCC Supermarket Inquiry To Focus On Retail Industry Facts

News /

Woolworths has urged the competition regulator to undertake a “data-driven, fact-based” investigation into the supermarket industry. This call comes amid a political uproar filled with accusations of price gouging, abuse of market power, and even threats of jail for the Woolworths CEO during a Senate inquiry led by the Greens. In its submission to the

Woolworths Urges ACCC Supermarket Inquiry To Focus On Retail Industry Facts Read More »

Queensland

Rural Queensland Supermarkets Threatened by Major Chains

News /

Independent supermarkets in Queensland are facing severe challenges due to the dominant market presence of major retailers Woolworths and Coles, an inquiry has heard. Wayne Mason, the Queensland operations manager for Australian United Retailers, which represents 103 independent FoodWorks supermarkets in the region, raised concerns about the impact of these large supermarkets on smaller, community-based

Rural Queensland Supermarkets Threatened by Major Chains Read More »

Brad Banducci

Departing CEO Brad Banducci concedes that Woolworths was “out-traded” by Coles

News /

Woolworths CEO Brad Banducci recently acknowledged that competitor Coles had outperformed his company during the last quarter. Woolworths faced challenges like unpopular promotions, supply chain disruptions, and cautious consumer spending habits, leading to lower-than-expected sales. This widened the gap between Woolworths and Coles and missed analysts’ predictions. Banducci, who will soon step down, leaves behind

Departing CEO Brad Banducci concedes that Woolworths was “out-traded” by Coles Read More »

metcash

Metcash’s proposed acquisition of Superior Food Services not opposed

News /

The ACCC will not oppose Metcash Trading Limited’s (Metcash) (ASX:MTS) proposed acquisition of wholesale food distributor SFG Group Holdings Pty Ltd, trading as Superior Food Services (Superior). Superior purchases a wide range of food products from suppliers and distributes them to food service businesses such as restaurants, cafes, hotels and clubs, petrol and convenience stores,

Metcash’s proposed acquisition of Superior Food Services not opposed Read More »

woolworths

Woolworths Faces Margin Pressure in Battle Against Coles

News /

Woolworths faces a potential squeeze on its profit margins as it takes action to compete with its smaller rival, Coles. Coles has recently been outpacing Woolworths in terms of sales and market share growth, marking a shift in the competitive landscape. Despite this, Coles still trails behind Woolworths regarding food division profits. Analysts have noted

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Peter Dutton

Opposition Leader Calls for Action Against Coles and Woolworths

News /

Opposition Leader Peter Dutton has made strong accusations against Coles and Woolworths, claiming that they are hindering competition by holding onto undeveloped land near their stores. He has pledged to take action to safeguard consumers from potential price hikes. The Coalition is devising a plan to forcefully dismantle the dominance of these supermarket giants if

Opposition Leader Calls for Action Against Coles and Woolworths Read More »

supermarkets

Splitting up Supermarkets Could Lead to Price Increases, Warns Business

News /

In a bid to ease the burden of rising living costs, Australians may soon face potential hikes in prices, warns a prominent business authority. The country’s leading supermarket giants, Coles and Woolworths, have been facing mounting criticism for allegedly exploiting consumers by charging higher prices while reaping record profits, leaving many struggling to afford essential

Splitting up Supermarkets Could Lead to Price Increases, Warns Business Read More »

coles woolworths

Parliamentary Investigation on Supermarket Price Practices Resumes in Orange

News /

In a recent revelation, a former cherry farmer, Michael Cunial, shared his ordeal of being shortchanged nearly $85,000 by major supermarkets, Coles and Woolworths. Cunial, hailing from Orange, recounted his losses from seven deliveries of cherries, where he expected $90,000 for 15 tonnes but received a mere $5800 on the seconds market. Cunial’s story sheds

Parliamentary Investigation on Supermarket Price Practices Resumes in Orange Read More »

woolworths

Former Woolworths Chairman Unveils ‘Truth’ on Supermarket Price Gouging Debate

News /

In commerce, the voice of experience often resonates with authority, shedding light on intricate dynamics that evade the casual observer. Ralph Waters, former chairman of Woolworths, Australia’s retail titan, emerges from the shadows of corporate silence to deliver a resounding verdict on the storm brewing around supermarket pricing. With a tenure spanning from 2011 to

Former Woolworths Chairman Unveils ‘Truth’ on Supermarket Price Gouging Debate Read More »

mondelez

Mondelez CEO Defends Woolworths and Coles Against Price Gouging Claims

News /

The leader of Mondelez, one of the world’s major supermarket suppliers and the owner of Cadbury, has rejected claims of price gouging by Woolworths and Coles in Australia. Mondelez Australia’s CEO, Darren O’Brien, argues that much of the negative criticism against these retail giants is based on emotions rather than concrete evidence of a dysfunctional

Mondelez CEO Defends Woolworths and Coles Against Price Gouging Claims Read More »

grocery regulations

Transforming Australia’s Grocery Regulations for Fair Competition

News /

In a move to address the pressing concerns surrounding Australia’s food and grocery industry, the government has embarked on a mission to fortify the nation’s supermarket giants with a more robust regulatory framework. The catalyst for this transformation is a government-commissioned review led by former Labor competition minister and renowned economist Dr Craig Emerson, who

Transforming Australia’s Grocery Regulations for Fair Competition Read More »

ACCC

ACCC Pledges a Comprehensive Investigation into Supermarket Pricing

News /

In a monumental move that marks the first comprehensive investigation into Australia’s supermarket sector in 15 years, the nation’s competition regulator, the Australian Competition and Consumer Commission (ACCC), is poised to delve into the intricate world of pricing. This significant development comes in the wake of the Albanese government’s announcement to investigate industry gouging, a

ACCC Pledges a Comprehensive Investigation into Supermarket Pricing Read More »

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