Grocery prices are soaring, but one Brisbane greengrocer is challenging the major supermarkets for their wasteful practices that are driving costs up unnecessarily. At Skippy’s Fresh Frootz in Victoria Point, they’re offering deals like seedless watermelon for under $1 a kilo and other produce for as little as 20 cents a kilo. Manager Elijah Etri […]
Local Grocer Exposes Supermarkets’ Price Gouging and Waste Read More »
Woolworths CEO Brad Banducci has robustly defended the supermarket chain’s food rejection policies. He underscored that customers’ specific preferences, such as their aversion to oversized bananas, are the driving force behind these policies. This defence was articulated during a South Australian parliamentary inquiry into grocery prices, part of a series of investigations taking place across
Woolworths CEO Defends Food Rejection Policies Read More »
According to CEO Brad Banducci, Woolworths, a leading supermarket giant, is prepared to accept lower profits if it means delivering significant value to its customers. During a session with the South Australian legislative council investigating grocery prices, Banducci defended Woolworths’ $1.62 billion profit in 2023. He emphasised that the company would prioritise customer benefits over
Woolworths CEO Brad Banducci appears at South Australian grocery price inquiry Read More »
In a recent television interview, Woolworths CEO Brad Banducci found himself in a heated exchange over the soaring prices of groceries, prompting an unexpected storm-out. The interview, part of a Four Corners episode delving into the company’s pricing strategies, saw Banducci facing tough questions about Australia’s supermarket landscape. When asked about Australia potentially having the
Woolworths CEO’s Dramatic TV Interview: Sparks Fly Over Grocery Prices Read More »
In a respite for consumers and a challenge to the political push against alleged price gouging by supermarket giants, price cuts on popular groceries have played a pivotal role in curbing inflation in Australia. The latest data from the Australian Bureau of Statistics (ABS) reveals that a drop in grocery prices has contributed to a
Declining Grocery Prices Undermine Stricter Regulation Read More »
In the period leading up to Christmas, food and grocery prices have shown signs of stabilisation, with customers increasingly filling their carts with items from independent stores like IGA and Foodland. This trend was highlighted by Doug Jones, CEO of Metcash, a company overseeing supermarket, food, liquor, and hardware supply. Jones noted that Metcash’s independent
Metcash Sees Profit Boost and Shift to Independent Stores Pre-Christmas Read More »
Hopes of relief for household budgets from high food and grocery prices have been shattered as investment bank UBS issued a warning that food inflation reached a record high of 9.6% in April. This surge in prices is attributed to ongoing challenges in the supply chain and labour market, causing inconvenience and expense for shoppers.
Surging Food Inflation Challenges Budgets and Shoppers Read More »
Woolworths, one of Australia’s largest supermarket chains, has announced profits of $907 million in its half-yearly results. This comes amid rising inflation and a significant increase in grocery prices for customers. Woolworths CEO Brad Banducci attributed the positive results to improving the customer shopping experience, restoring operating rhythm, and a reduction in COVID costs compared
Woolworths’ $907 Million Profits Despite Rising Grocery Prices and Inflation Read More »
With surging grocery prices, staff shortages and empty shelves, cases of customer abuse against supermarket workers are increasing. In a bid to try and protect staff and reduce the rate of these attacks by angry customers, some stores have resorted to equipping workers with body-worn cameras. Over 85 per cent of retail workers report being
Supermarket staff wearing body-worn cameras to record threatening customers Read More »
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