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Tag: supermarket

ACCC publishes interim report on supermarket inquiry

The ACCC has published its interim report for its inquiry into supermarkets, outlining what it has heard at the halfway point of the year-long inquiry. This follows the ACCC announcing last week that...

Woolworths sales rise, profits plunge

Woolworths has released its full year results for the period ended 30 June 2024 (F24), recording higher sales but lower earnings. The retailer’s sales increased 5.6% (normalised: 3.7%) to $67.9 billion, while its...

Aussies stealing baskets and trolleys

A Finder survey of 1062 respondents reveals 16% – equivalent to 3.3 million Australians – have stolen a basket or trolley from the supermarket in the past 12 months. The research finds 6%...

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,...

ACCC to examine supermarket prices and competition

The Australian government has announced that it will direct the ACCC to conduct an inquiry into Australia’s supermarket sector. The year-long inquiry will examine the pricing practices of the supermarkets, along with the...

Coles and Woolworths respond to Senate inquiry

Coles and Woolworths have both provided statements regarding the Senate inquiry into the price gouging of major supermarkets amid Australia’s cost-of-living crisis. Spearheaded by the Greens, the inquiry will scrutinise the impact of...

Coles expands Uber Eats partnership

Coles has expanded its partnership with Uber Eats offering Australians what is claimed to be the largest national on-demand grocery delivery service within the Uber Eats app. From today (14 April), customers in...
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