Tag: grocery

Interim report on Grocery Code calls for harsher penalties

The interim report of the Review of the voluntary Food and Grocery Code of Conduct was released yesterday (8 April). Independent Reviewer Dr Craig Emerson announced eight firm recommendations, including that the Code...

Higher grocery prices forcing Aussies to make sacrifices

Many younger Australians and lower income households are spending up to one-quarter of their net income on groceries, according to the ACCC. A consumer survey which is part of the ACCC’s Supermarkets Inquiry...

Whole Foods unveils small format plans

Amazon-owned Whole Foods Market has introduced a new, ‘quick-shop’ store format in the US. The new format, called Whole Foods Market Daily Shop, is promoted as providing customers in urban neighbourhoods a quick,...

Coles sales rise, profits drop

Coles has released its FY24 half-year results, with Group sales revenue rising by 6.8% to $22.2 billion and net profit falling 3.6% to $594 million. Supermarkets Supermarket revenue increased 4.9% to $19.8 billion....

Australians’ food security biggest cost of living concern, Savvy

A representative national survey of 1000 adult Australians by Savvy has revealed that 62% of respondents say that the cost of groceries or food has caused the greatest amount of concern amid...

Woolworths releases first quarter results

Woolworths has released its 2024 first quarter results, with Group sales revenue increasing 5.3% to $17.22 billion. Across the retailer’s Australian food division, total sales increased 6.4% to $13.1 billion. “Importantly for our customers,”...

Coles records 3.6% increase in first quarter sales

Coles has released its 2024 first quarter results, with Group sales revenue increasing 3.6% to $10.25 billion. The retailer’s supermarkets recorded sales revenue of $9.2 billion during the first quarter, an increase of...

AFGC releases new season of ‘Sustaining Australia TV’

Season four of ‘Sustaining Australia TV’, the series created by the Australian Food and Grocery Council (AFGC) and ASN Media, has been released online. It features expert interviews and behind-the-scenes stories about...
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