Author name: Kath Chan

ACCC

ACCC Chairman Vows Action Against Unreasonable Supermarket Prices

Competition watchdog chairman Gina Cass-Gottlieb asserts that consumers are fed up with supermarkets’ unjustifiably high prices and profits. In response, she has vowed to take decisive action against any anticompetitive practices that contribute to the rising cost of living. “Consumers are voicing their concerns loud and clear about the high prices and profits in supermarkets,” […]

ACCC Chairman Vows Action Against Unreasonable Supermarket Prices Read More »

farmers

Farmers Insist On Protecting Their Supply Agreements To Testify In Supermarket Inquiries

Farmer Dale Williams, a seasoned figure in the agricultural world, has long been privy to the challenges faced by farmers dealing with supermarkets. However, he’s often kept mum about the darker side of these dealings, fearing repercussions from the big buyers. “There’s always this looming fear that if you speak out, you might lose out

Farmers Insist On Protecting Their Supply Agreements To Testify In Supermarket Inquiries Read More »

coles ceo

Coles CEO Notes Decrease In Suppliers’ Demands For Price Hikes

Coles CEO Leah Weckert has confirmed a decrease in requests from food and grocery suppliers for price hikes to counter the impact of high inflation. This suggests that Coles may soon lower its prices, responding to both consumer demands and political scrutiny regarding its market dominance. Recent reports revealed that Coles had urged some suppliers

Coles CEO Notes Decrease In Suppliers’ Demands For Price Hikes Read More »

Coles

Coles Experiences Decline in Profits Despite Increase in Sales

In a recent announcement, Coles’ CEO Leah Weckert has revealed exciting news for savvy shoppers on a budget. She predicts more discounts and special offers to come at Coles, as the company’s research indicates that many customers are feeling the pinch, especially with mortgage repayments. Despite Coles Group reporting an 8.4% drop in net profit

Coles Experiences Decline in Profits Despite Increase in Sales Read More »

norco milk

Woolworths Drops Aussie-Owned Norco Milk, Faces Backlash

Woolworths, Australia’s largest supermarket chain, is facing criticism after announcing the removal of Norco branded milk from the shelves of nearly 100 of its Metro stores. Norco, a farmers’ cooperative established in 1895 and based in Lismore, Northern New South Wales, produces a range of dairy products, including milk, flavoured milk, cheese, and butter. The

Woolworths Drops Aussie-Owned Norco Milk, Faces Backlash Read More »

brad banducci

Woolworths CEO Brad Banducci Announces Retirement Amid Challenges

Woolworths CEO Brad Banducci has acknowledged several mistakes and miscommunications during his tenure, including mishandled announcements and the improper labelling of former ACCC boss Rod Sims as “retired.” He has expressed regret and announced his planned retirement from one of Australia’s most challenging corporate roles. With ongoing scrutiny from both political and community fronts on

Woolworths CEO Brad Banducci Announces Retirement Amid Challenges Read More »

coles woolworths

Leaked Emails Reveal Coles and Woolworths Profiting from Price Increases

Coles Supermarkets has been found profiting from increased prices at the checkout, despite claiming to prioritise keeping grocery bills low. Leaked emails have shed light on Coles’ tactics with suppliers seeking price hikes and its exploitation of inflation. This isn’t an isolated incident. Industry insiders reveal that Woolworths has also engaged in similar practices over

Leaked Emails Reveal Coles and Woolworths Profiting from Price Increases Read More »

Brad Baducci woolworths

Woolworths CEO’s Dramatic TV Interview: Sparks Fly Over Grocery Prices

In a recent television interview, Woolworths CEO Brad Banducci found himself in a heated exchange over the soaring prices of groceries, prompting an unexpected storm-out. The interview, part of a Four Corners episode delving into the company’s pricing strategies, saw Banducci facing tough questions about Australia’s supermarket landscape. When asked about Australia potentially having the

Woolworths CEO’s Dramatic TV Interview: Sparks Fly Over Grocery Prices Read More »

woolworths

Former Woolworths Chairman Unveils ‘Truth’ on Supermarket Price Gouging Debate

In commerce, the voice of experience often resonates with authority, shedding light on intricate dynamics that evade the casual observer. Ralph Waters, former chairman of Woolworths, Australia’s retail titan, emerges from the shadows of corporate silence to deliver a resounding verdict on the storm brewing around supermarket pricing. With a tenure spanning from 2011 to

Former Woolworths Chairman Unveils ‘Truth’ on Supermarket Price Gouging Debate Read More »

Scroll to Top