Bookkeeping is an essential practice for a business to manage its legal and financial responsibilities. For supermarkets, sound bookkeeping is especially crucial considering the significant amount of transactions made per day. Accurate bookkeeping is the first step to understanding where your business stands financially, whether profitable or expenses outweigh profits. Here are four bookkeeping tips […]
4 Bookkeeping Tips for Supermarkets Read More »
Coles and Woolworths could benefit from growing inflation trends which will boost sales as prices for everyday items rise nearly seven per cent this year. Against this backdrop, Jarden head of research Ben Gilbert said supermarkets margins could rise into fiscal 2023 as COVID-19 related costs moderate and as shelf prices lift. “We see scope
Supermarkets to gain on the back of rising inflation Read More »
Treasurer Josh Frydenberg warned businesses against forcing through opportunistic price hikes as a leading retail analyst said shoppers faced increases of 10 per cent-plus on a range of goods in coming weeks. Coles and Woolworths on Monday left open the door to rejecting fruit and vegetable manufacturer SPC’s plans to increase the price of its products
Frydenberg warns on ‘opportunistic’ price increases Read More »
Woolworths has come out on top for having the best product in one hotly contested category – beating both Aldi and Coles. With a month to go until Easter it’s safe to say that hot cross buns are hard to miss at the supermarkets. You’ve got your more traditional fruit and choc chip varieties, as
Woolies receives highest score for hot cross buns Read More »
Woolworths and Coles have introduced purchase limits on some products at some stores in Queensland and New South Wales. It comes after supply chains were disrupted due to cut-off roads and flooded stores, and warehouses were forced to close following the record-breaking rainfall in recent days. Woolworths has introduced two-pack purchase limits on several categories in affected stores, including
Supermarkets bring in purchase limits due to flooding emergency Read More »
Key points: Private investors have put at least $100m into the fast growing online grocery sector Analysts say it could be worth $2b within a few years The trend threatens the major supermarkets down to the humble corner store For many years, the humble corner store has been a fixture of many suburbs and towns.
Why investors are piling $100m into supermarkets that you can’t even go into Read More »
Australia’s competition watchdog has approved a rare order allowing major freight and supermarket firms to work together. The move comes after storms knocked out a major rail line connecting WA and the NT from the eastern states. Linfox, Metcash, Coles, Woolworths and others are cleared to share information and prioritise urgent deliveries. Visit Business Insider
ACCC approves rare anti-competitive order Read More »
Key points: The Stuart Highway connecting Adelaide to Darwin remains flooded in some areas after heavy rainfall Freight companies are taking a lengthy detour to help fill supermarket shelves Supermarket giants Woolworths and Coles say fresh food and many essential items will be restocked in coming days The food shortage in the Northern Territory has
The borders have not yet opened and Omicron is yet to properly arrive but toilet paper and other key supplies are again near impossible to find in Perth. Supermarket shelves are being stripped bare as nervous sandgropers again stockpile amid news of a mystery Omicron case in Perth on Wednesday. Shoppers at four supermarkets in
WA COVID cases: Supply chain woes and panic buying prompts empty shelves in Perth shops Read More »
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