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Supermarket Competition

supermarket industry

Supermarket Industry Faces Intense Competition Amid Regulatory Scrutiny

News /

Coles CEO Leah Weckert has highlighted the intense competition in Australia’s $120bn supermarket industry as it awaits a major regulatory review. Speaking at The Australian’s Global Food Forum, Ms Weckert suggested the Australian Competition and Consumer Commission (ACCC) report—expected soon—could introduce stricter regulations. These may focus on greater transparency in supplier contracts, particularly pricing and […]

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land banking

Coles Defends Land Ownership Amid Accusations of Land Banking

News /

Coles executives have denied claims that their ownership of a vacant plot of land just 200 metres from one of their Perth supermarkets constitutes anti-competitive land banking. The Australian Competition and Consumer Commission (ACCC) has been investigating the issue, with Coles providing a second day of evidence as part of the inquiry. The Land in

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supermarket price

Suppliers Struggle as Supermarket Price Wars Intensify

News /

Food and grocery suppliers across the nation are facing tough times. Their ability to pass on increasing costs to supermarkets is dwindling amid growing scrutiny from politicians and public inquiries. This has led to more promotions and reduced shelf prices, squeezing supplier profits. Public and political pressure, intensified by inquiries like the Greens-led Senate investigation,

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metcash IGA

IGA Targets Top Spot in Australian Supermarkets

News /

Metcash, the operator of IGA supermarkets, is strategising to become Australia’s preferred supermarket by focusing on reducing prices in its smaller and medium-sized stores. This move aims to attract value shoppers and intensify competition with major rivals Woolworths and Coles. Doug Jones, Metcash’s CEO, is determined to change the perception that IGA stores are pricier

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