Tag: supermarkets

Deceitful discounts? ACCC sues Coles and Woolworths

The ACCC has commenced separate proceedings in the Federal Court against Coles and Woolworths for allegedly misleading consumers through discount pricing claims on hundreds of common supermarket products. The allegations relate to products...

Metcash delivers solid food sales

Metcash has reported a 6.1% rise in total sales for the financial year up to 8 September. Announced at the company’s Annual General Meeting, Metcash’s food sales, excluding tobacco, increased 17.9%, which the...

Supermarkets to continue cooperation on soft plastics recycling

The ACCC has granted interim authorisation with conditions to Coles Group, Woolworths Group and ALDI to continue their collaboration on soft plastics recycling. In June 2023, the ACCC granted authorisation that allowed the supermarkets to collaborate through...

Metcash releases full year results

Metcash's 2024 Full Year Results report that the company’s revenue increased 0.7% to $15.9 billion, and including charge through sales, increased 0.7% to $18.2 billion. “I am pleased to report that the company...

Woolworths sales rise during ‘challenging’ quarter

Woolworths has released its 2024 third quarter results, with sales revenue increasing by 2.8% to $16.8 billion. Across the retailer’s Australian food division, total sales increased 1.5% to $12.58 billion. “It was a challenging...

Coles revenue increases in third quarter

Coles has released its 2024 third quarter results, with sales revenue increasing by 3.4% to $10.03 billion. Supermarket sales increased 5.1% to $9.1 billion, while liquor sales fell 1.9% to $786 million. Coles Group...

Woolworths responds to interim Grocery Code review

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...

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...
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