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supermarket duopoly

Australia’s Supermarket Duopoly: Navigating Price and Competition Challenges

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Canada is pressuring supermarkets to reduce prices by threatening heightened taxes and regulations, but such tactics might not be as effective in Australia due to its powerful supermarket duopoly. The Canadian public and opposition are criticizing Prime Minister Justin Trudeau’s government for not addressing the soaring cost of living and escalating grocery bills. In response, […]

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Metcash

Metcash Evaluates Costs and Structure of Leading Supermarket Division

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Metcash, a prominent wholesaler with a vast network of supermarkets, liquor, and hardware retail outlets, has initiated a review of its chief supermarket division. This move arises due to the growing competition in the food and grocery sector, with the company looking to reduce costs, potentially leading to layoffs at its headquarters. To facilitate the

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Coles & Woolworths

Coles & Woolworths: 2023 Profits Amid Challenges

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The Australian grocery sector is set to face heightened public attention as supermarket leaders Coles and Woolworths prepare to announce their yearly profits. However, experts suggest that escalating costs might hinder sector growth. Coles and Woolworths shares have seen significant appreciation leading up to their August announcements, with Coles’ stock rising 9.2% since the beginning

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SUPA IGA

ACCC Objects to Woolworths’ Purchase of Karabar’s SUPA IGA

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The Australian Competition and Consumer Commission (ACCC) has expressed its opposition to Woolworths’ planned purchase of the SUPA IGA supermarket in Karabar, NSW, along with its co-located Liquor Boss store. The regulatory body has determined that this acquisition would likely result in a significant reduction in competition within the local grocery supply market. Gina Cass-Gottlieb,

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Aldi

Aldi Dominates with 13.2% Year-on-Year Sales Growth

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Aldi has been experiencing significant sales growth in recent times. According to reports, during a particular quarter, Aldi recorded a year-on-year sales growth of 13.2%, which is an impressive feat for any retail business. In comparison, Coles, another major supermarket chain in Australia, only recorded a 3.9% increase in sales revenue, amounting to $20.8bn in

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