Tag: woolworths
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Coles Backflips On Reusable Plastic Bag Decision
Despite Coles initial pledge to phase out the single-use plastic bags that take years to break down, they have since reversed their decision in order to appease a small vocal portion of angry customers. The bags would have been gone by July 1, instead they will now be sticking around and Coles will be advocating…
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Premier Investments confirms stake in Myer
Premier Investments has been announced as the largest stakeholder for the retail giant Myer. In a statement to the ASX, Premier Investments confirmed that it has bought a 10% stake in the retailer, after much speculation over who had bought the shares. “Premier Investments Limited has made a strategic investment of 10.77% in Myer Holdings…
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Prices rise in Australian supermarkets
Prices are rising in Australian supermarkets, particularly for fresh fruits and vegetables, research shows. There has been a strong rise in supermarket produce prices for the first time in 18 months, according to Deutsche Bank. The supermarket sector has been under pressure from German budget supermarket Aldi, which has been driving prices downward. However, prices…
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80c coffee from Coles
In Coles’ latest attempt to win customers hearts, they are experimenting with new convenience stores branded as “Big Yum at Little Coles.” There are currently three stores running in Melbourne that offer a range of snacks at affordable prices. They sell coffee for just 80c a cup which undercuts the popular $1 offering available at 7-Eleven stores. The…
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Are dark stores the future of Coles?
The food and liquor market is one of the highest-growth categories in online retail. This comes as no surprise considering working professionals hardly have the time to visit a grocery store. The dark store supermarket alternative eliminates the woes of congested queues, human traffic and bulky online order trolleys. Furthermore, it allows customers to simply shop from the comforts of their own home.…
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Coles penalising staff
Coles has recently come under attack for not paying its workers properly. Findings from the Fair Work Act show that the supermarket chain is saving tens of millions of dollars in wages. It’s great for them but not so great for the staff. After signing a cosy deal with The Shop, Distributive and Allied Employees Association (SDA) it seems thousands of…
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Are Woolworths under paying their employees?
Woolworths has found itself in hot water this week with Fair Work Ombudsman Natalie James claiming that they not only underpay their trolley collectors, but also routinely exploit them in different ways. The inquiry, which was launched in 2014, is finalising now with allegations of physical intimidation of trolley collectors being heard. James has related…
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Baby formula is the new front in supermarket price war
Supermarket giant Woolworths has drastically reduced prices on a range of baby products to keep its edge in the price war with Coles. Certain brands of baby wipes, nappies, creams and powders will be discounted as well as the sought after Karicare formula. Woolworths say the move will save the average family $320 annually. The…
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Aldi’s advance
Supermarket chain Aldi is catching up to industry leaders Coles and Woolworths, according to research company Roy Morgan. The German supermarket chain is renowned for its cheap prices and odd brands but it’s also charming the hearts (and winning the wallets) of Australian consumers. Did a round up of my fave Aldi and Lidl brands.…