Coles is intensifying its investment in the supply chain, from the farm to consumers’ front doors, announcing plans to allocate $880 million toward a new, technologically advanced distribution centre. This comes on top of the $1.4 billion Coles has already invested in its food and grocery supply chain. In its first-quarter sales report, Coles revealed […]
Coles Invests $880M in New High-Tech DC Read More »
Responding to the outbreak of bird flu at five farms in Victoria, Coles Supermarkets have taken proactive steps by enforcing a purchasing limit of two cartons of eggs per customer. This measure is not only addressing the supply chain disruptions but also ensuring that more customers can access eggs, thereby maintaining a sense of normalcy
Coles Limits Egg Purchases Amid Bird Flu Outbreak in Victoria 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 »
In a monumental move that marks the first comprehensive investigation into Australia’s supermarket sector in 15 years, the nation’s competition regulator, the Australian Competition and Consumer Commission (ACCC), is poised to delve into the intricate world of pricing. This significant development comes in the wake of the Albanese government’s announcement to investigate industry gouging, a
ACCC Pledges a Comprehensive Investigation into Supermarket Pricing Read More »
Sam Kelly, a farmer and owner of Red Hill, a beef and lamb farm in NSW, has observed a significant drop in the prices he receives for his livestock compared to the stable prices maintained by supermarkets. Despite a recent decrease in lamb prices, Kelly believes this adjustment was overdue. He highlights a stark contrast
Farmers Urge Investigation into Supermarket Pricing Amid Falling Livestock Profits Read More »
Hopes of relief for household budgets from high food and grocery prices have been shattered as investment bank UBS issued a warning that food inflation reached a record high of 9.6% in April. This surge in prices is attributed to ongoing challenges in the supply chain and labour market, causing inconvenience and expense for shoppers.
Surging Food Inflation Challenges Budgets and Shoppers Read More »
Australia’s dairy industry is in need of a new champion, but instead has turned to supermarket giant Coles to fill the void. The four major dairy companies – Fonterra, Saputo, Lactalis and Bega – are either retreating, considering retreat or moving up the value chain, leaving few if any potential buyers. Coles has taken control
Coles Takes the Reins in Australian Dairy Industry Read More »
Scott’s Refrigerated Logistics, one of Australia’s largest trucking companies, has gone into receivership, putting 1,500 jobs at risk and jeopardising the delivery of food supplies to major supermarkets, including Woolworths, Coles, IGA and Aldi. The company has engaged in high-level talks with grocery executives about its collapse. Its trucks will keep delivering food to supermarkets
Supermarkets at Risk as Scott’s Refrigerated Logistics Enters Receivership Read More »
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