supermarkets

supermarket giant

Supermarket Giants Brace for Profit Hits Amid Government Scrutiny

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 […]

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supermarkets

Splitting up Supermarkets Could Lead to Price Increases, Warns Business

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

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coles woolworths

Parliamentary Investigation on Supermarket Price Practices Resumes in Orange

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

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brad banducci

Woolworths CEO Brad Banducci Announces Retirement Amid Challenges

Woolworths CEO Brad Banducci has acknowledged several mistakes and miscommunications during his tenure, including mishandled announcements and the improper labelling of former ACCC boss Rod Sims as “retired.” He has expressed regret and announced his planned retirement from one of Australia’s most challenging corporate roles. With ongoing scrutiny from both political and community fronts on

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coles woolworths

Leaked Emails Reveal Coles and Woolworths Profiting from Price Increases

Coles Supermarkets has been found profiting from increased prices at the checkout, despite claiming to prioritise keeping grocery bills low. Leaked emails have shed light on Coles’ tactics with suppliers seeking price hikes and its exploitation of inflation. This isn’t an isolated incident. Industry insiders reveal that Woolworths has also engaged in similar practices over

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woolworths

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

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

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Albanese

Prime Minister Albanese Proposes Stronger Regulations on Supermarkets to Tackle High Cost of Living

Prime Minister Anthony Albanese is taking steps towards implementing more stringent controls on Australia’s largest supermarkets, aiming to reduce prices and address public concerns about living costs. Albanese is open to empowering the Australian Competition and Consumer Commission (ACCC) with greater authority, particularly after the ACCC raised concerns about the inadequacy of merger laws in

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supermarket trends

Diverging Supermarket Trends Amid Economic Challenges

The leader of one of the nation’s largest networks of independent supermarkets has observed the emergence of a “two-speed” market. In this evolving landscape, some shoppers are opting for store-brand and discounted items, while more affluent households are selecting higher-priced groceries and premium meat cuts. The primary factors driving this division in the $135 billion

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self-serve check out

Shoppers in Tasmania Express Concerns Over Mandatory Self-Service Checkouts

Some shoppers in Tasmania are pledging to boycott supermarkets that compel them to use self-serve checkouts when paying for their groceries, opting for stores with attendants instead. An unhappy shopper, dissatisfied with recent changes at Coles Kingston, rekindled the ongoing online debate on Tuesday night and declared they would not return due to the loss

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leadership

Why Leadership is Important for Running a Supermarket

The Crucial Role of Leadership in Supermarkets Effective leadership is paramount for the prosperity of any business, and it is especially vital for the supermarket sector. Businesses consist of a myriad of individuals operating in various sectors, and it’s the guidance from leadership that provides cohesion and sets the course for future endeavours. In this

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