Woolworths Group boss Brad Banducci says there is plenty of growth left in the booming pet sector, from doggy daycare to nutrition and grooming, after the grocery giant snapped up a 55 per cent stake in pet business Petspiration Group for $586 million. After a puppy boom during COVID-19 lockdowns, the retailer will use funds […]
Woolworths barks up a new tree, splashes $586m on PETstock owner Read More »
Key points: Supermarkets employ “arbiters” as independent adjudicators between them and suppliers A government review has slammed Coles’ arbiter Jeff Kennett on a range of issues The reviewer says his behaviour shows why it needs tougher powers including fines The supermarket watchdog has slammed former Victorian premier Jeff Kennett for “flawed” decision-making and failing to
Jeff Kennett slammed by government grocery reviewer Read More »
The supermarket giant has been praised for introducing a bold security measure in a bid to keep its employees safe. Woolworths has been praised over a hi-tech new safety feature it has introduced to help keep its employees safe. The supermarket giant has been trialling police-style bodycams in a number of its stores in a
Woolworths praised as employees given bodycams for safety reasons Read More »
Woolworths was selling a $636 million stake in pubs and bottleshops business Endeavour Group on Tuesday night, in a capital recycling trade via investment bank UBS. Woolworths is expected to use proceeds for investments and general corporate purposes, according to terms sent to potential buyers, instantly sending thoughts to Woolworths’ imminent move on pet goods
Pubs to pets: Woolworths sells $636m Endeavour Group stake Read More »
The ACCC has outlined preliminary competition concerns with Woolworths’s (ASX:WOW) proposed acquisition of the independent supermarket operating as SUPA IGA in Karabar, and co-located liquor store operating as Liquor Boss, in a statement of issues published today. Woolworths and SUPA IGA Karabar currently compete in supplying groceries in the broader Queanbeyan region (encompassing Karabar and
Woolworths’ proposed acquisition of SUPA IGA Karabar Read More »
Metcash says it is focusing on closing the price gap between its stores and major competitors Coles and Woolworths as it warns of accelerating food and grocery inflation. The wholesaler, which also operates IGA and Foodland brands, said prices were up 4.9 per cent for the first quarter of a financial year ending April 30,
Metcash says it is closing the price gap with majors, Coles and Woolworths Read More »
Queues will be a thing of the past as Woolworths introduces Scan&Go checkouts in select stores. A major Aussie supermarket is making queues a thing of the past with its introduction of new registers. Woolworths customers have started to spot Scan&Go terminals in stores. While they are only available in 66 stores currently, there are
Woolworths introduces Scan&Go checkouts at select stores Read More »
An Australian company has made its second round of lay-offs this year as the sector it operates in struggles to compete against Woolworths and Coles. An Australian online grocery delivery start-up, which raised $18 million in funding at the end of last year, has slashed more staff from its operations as the sector struggles to
Australian grocery delivery start-up cuts more staff Read More »
Major chains need to balance the needs of all stakeholders – consumers, suppliers and shareholders – to avoid greater scrutiny. Australia’s major supermarket chains are engaged in a delicate balancing act as food prices rise at the fastest pace in decades, adding to pressure on household budgets. Coles, Woolworths, Aldi and wholesaler Metcash face a backlash from
Food retailers need to tread carefully as prices soar Read More »
Supermarket chain IGA is shaking things up with a new concept store, delivering a uniquely old-fashioned bespoke service, with some huge differences to Coles, Woolworths and Aldi. The new stores, named IGA Local Grocer, will allow customers to choose which products they stock and are being rolled out in hundreds of locations across the country. Every Local Grocer you
Aussie supermarket owners reject self-serve checkouts Read More »
Australia’s largest plastic bag recycling program has collapsed amid revelations hundreds of millions of bags and other soft plastic items dropped off by customers at Coles and Woolworths are being secretly stockpiled in warehouses and not recycled. Instead of being taken to companies that use the plastic to make other items, REDcycle has been transporting
Coles, Woolworths Redcycle collapses after secret stockpiles revealed Read More »
Serving the community has always been at the forefront for Colliver Rd Foodworks in Shepparton — but over recent days the shop took its dedication to a new level. While its immediate surrounds were engulfed by flood waters, the shop did not close its doors, giving locals the opportunity to stock up on the crucial
Colliver Rd Foodworks’ incredible effort to stay open Read More »
Key points: Coles and Woolworths are set to phase out caged eggs by 2025 Farmers are calling for financial support to ease the transition to free-range farming The egg industry says consumers can expect an egg shortage The plan to phase out caged hens by 2036 is causing national confusion among egg farmers, supermarkets and
Plans to phase out battery hens and caged eggs causing confusion Read More »
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