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, Australia’s largest retailer, is rewarding its shareholders with a special dividend of 40 cents per share despite experiencing a significant 93% drop in annual net profit. This decline is largely due to substantial impairments related to its stake in Endeavour, a drinks group, and its underperforming New Zealand supermarkets. Once again, Woolworths’ Australian supermarkets
Woolworths Net Profit Plunges 93% Read More »
Tensions between Australian farmers and major supermarkets have escalated after NSW Farmers accused Woolworths of sending an undercover employee to their annual general meeting (AGM). A Woolworths employee, who attended the meeting on Monday as a university student, was asked to leave after failing to disclose her connection to the supermarket chain. She had registered
Farmers Accuse Woolworths of Spying at AGM Read More »
Australia’s food packaging industry, including major supermarkets like Woolworths, Coles, and Aldi, may be violating consumer law with outdated recycling claims. This warning came from the Australian Packaging Covenant Organisation (APCO) in a recent email. APCO emphasised the need for businesses to remove claims that soft plastics can be recycled through now-defunct schemes. The email
Outdated Recycling Claims on Food Packaging Violate Consumer Law Read More »
Farmers are calling on the Albanese government to intensify competition reforms to prevent supermarkets from exploiting their market dominance over suppliers. The government’s commitment to revamping the food and grocery code of conduct has been positively received by farming groups. However, they believe this should only be the initial move in combating predatory practices. Following
Supermarkets Risk Huge Fines Under Strengthened Food and Grocery Code Read More »
A small Victorian milk company, Gippsland Jersey, faces a major challenge after supermarket giant Coles removed its products from 65 stores. This decision comes after the company refused to provide Coles with a bigger profit margin. Starting next month, Gippsland Jersey milk will be available in only about 16 Coles supermarkets across Victoria. This leaves
Gippsland Jersey Dropped by Coles Read More »
Australians’ trust in Coles and Woolworths has plummeted, according to Roy Morgan’s latest quarterly rankings. Woolworths, which had been the top trusted brand since May 2020, has dropped to the 34th position, following accusations of price-gouging alongside rival Coles. Coles has suffered even more, plummeting a record-breaking 221 places to become the ninth least trusted
Trust in Coles and Woolworths Plummets Amid Price-Gouging Allegations Read More »
Fiona Mackenzie, the group’s head of property, warns that skyrocketing construction costs are hindering Coles’ ambitions to build new supermarkets amid a population surge, potentially leading to higher grocery prices. Addressing developers at a Melbourne industry lunch, Mackenzie highlighted the growing challenges. Driven by a departure from Victoria, her team identified several promising locations in
Coles Warns Construction Woes May Hike Grocery Prices Read More »
Australia’s leading supermarkets are under scrutiny for potentially misleading shoppers with promotional offers that may not deliver the discounts they promise. A study by consumer advocacy group Choice found that one in four shoppers struggle to discern whether a supermarket label indicates a genuine price reduction. Over 1000 consumers nationwide participated in the research, which
Supermarkets Under Fire for Misleading Discount Deals Read More »
Amid ongoing government inquiries into supermarket practices, experts are already predicting potential financial blows for major players like Woolworths and Coles. Before these investigations conclude, analysts are weighing the potential impact on these industry giants’ profits. Australian federal and state governments are actively engaging with the supermarket chains, prompting them to take preemptive measures against
Supermarket Giants Brace for Profit Hits Amid Government Scrutiny Read More »
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 »
A troubling trend has emerged in agriculture: farmers are stuck with heaps of unsold produce, often left to rot because big supermarkets refuse to buy them. Rachel Chambers, the Queensland Fruit and Vegetable Growers chief executive, has sounded the alarm, accusing these major retailers of intentionally flooding the market with excessive quantities of food, leading
Farmers Accuse Supermarkets of Oversupply Tactics Read More »
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 »
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