Metcash has asked retailers operating under its IGA and Foodland brands to resist raising shelf prices despite rising inflation putting pressure on store profits, warning it could mean a loss of customers to Woolworths and Coles. Operators of IGA and Foodland supermarkets were told at their national conference on the Gold Coast last month that […]
Metcash asks IGA and Foodland stores to resist raising shelf prices Read More »
Food inflation looks set to bolster profits at Australian supermarket chains as analysts predict shoppers will have to brace for more price rises. Consumer price index figures released last week put inflation at 6.1 per cent for the year, with food and non-alcoholic beverage prices jumping 5.9 per cent since the June 2021 quarter. The
‘Supermarkets will do well’ as grocery prices rise Read More »
Australia’s biggest ham, bacon and salami company, Primo Foods, lifted prices by about 6 per cent in May to claw back rising costs, and expects to raise them again as broader inflation accelerates in a business where demand is outstripping supply. A growing shortage of workers has resulted in Primo being unable to operate its five factories at full
Why Primo Foods can’t keep up with demand Read More »
The price of lettuce and broccoli has gone up, but there’s a swag of healthy food items Australians commonly eat that have stayed the same price or gotten cheaper compared to three years ago, a study has found. Deakin University researchers have tracked Coles and Woolworths prices of 28 core healthy foods commonly consumed by
Study outlines how prices of healthy food items have fluctuated at major supermarkets Read More »
Research by one of the major supermarkets has revealed what Australian shoppers have their biggest gripe with. Aussie shoppers are fed up with the amount of packaging on products and have no idea what to do with it, new consumer research from a major supermarket has revealed. Research commissioned by Aldi found 73 per cent
Aldi reveals customers’ big issue with supermarkets Read More »
Metcash, a supplier to thousands of independent supermarkets, has warned about rising prices after food inflation in its wholesale business leapt to 5.3 per cent in April and 4.5 per cent in May. Metcash chief executive Doug Jones said about 60 per cent of its food and grocery suppliers had approached it for price increases,
Metcash warns of soaring food and grocery inflation Read More »
Doug Jones, the new chief executive of grocery wholesaler Metcash, says he has a lot of experience in tackling high-inflation environments after 14 years in South African retail with Massmart Wholesale, and the group aims to build on market share gains as more shoppers shift to local neighbourhood outlets in the IGA network. Mr Jones says
Metcash new boss battle-hardened for high inflation times Read More »
Key points: Potato growers supply Australia’s fresh and frozen food sector year-round As production costs soar, growers say their returns are no longer sustainable Crisis meetings are underway between farmers in key growing regions of Australia Potato farmers in key growing states say unless supermarkets add 20 cents per kilo to the shelf price of
Potato farmers call for 20 cents more per kilo Read More »
An Aussie farmer has accused supermarkets of “manipulating” prices, claiming he’d be driving a Ferrari if he got paid what retailers are charging. An Aussie farmer has accused supermarket chains of “manipulating” prices, claiming he’d be driving a Ferrari if he got paid what retailers are charging for fruit and vegetables. Cherry farmer Guy Gaeta,
Fed-up farmer fires up at supermarkets for ‘ripping off’ suppliers Read More »
For many people, receiving criticism triggers a stress response that makes their heart race, their blood pressure rise, and their perception of danger to become more astute. It’s the same sort of response your body would have to, for instance, being chased by a lion. Wrap the health of your supermarket up into the equation
How to Handle Negative Reviews Read More »
There is one product that Australian supermarkets can’t seem to restock their shelves fast enough with, and it’s an essential winter item. Australia’s major supermarkets are struggling to stock shelves of tissues to meet soaring demand, as rates of Covid-19 and flu multiply across the country. A Coles spokesman said there was an industry-wide issue
Australian supermarkets struggle to keep up with demand Read More »
The major retailer has announced a new move to help Australians struggling with the cost of living. Woolworths will freeze the prices of essential trolley items until the end of the year to help customers with the increased cost of living. Food inflation across the nation began to increase late last year and while it
Woolworths announces big move to ease cost of living crisis Read More »
Desperate times may call for desperate measures, but no one in the sector wants to see a return to the dark days, when the major chains abused their market power. Seven years after the Food and Grocery Code of Conduct came into effect, tactics used by major supermarket chains to pressure suppliers are making an
‘Bullying’ returns to food sector as supermarkets offset rising prices Read More »
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