Supermarket price gouging: Rise in farmers selling directly to customers
10 months, 1 week ago

Supermarket price gouging: Rise in farmers selling directly to customers

Daily Mail  

A growing number of Aussie farmers want shoppers to buy directly from them as supermarkets come under increased scrutiny due to rising prices. Pictured is Bianca Tarrant and Dave McGiveron, founders of farm-direct service Our Cow A growing number of Australians are opting to use farm-direct delivery services than buy their weekly shop at major supermarkets like Coles and Woolworths Up to 100 farmers from New South Wales, Queensland and Victoria have opted to have their products delivered to Our Cow's 40,000 to 50,000 customers. The boom in the farm-direct industry comes amid a growing distrust in major supermarkets likes Coles and Woolworths as prices continue to rise. The boom in the farm-direct industry comes amid a growing distrust in major supermarkets likes Coles and Woolworths as prices continue to rise Coles' sales revenue was up 6.8 per cent to $22.2 billion in the 27 weeks to December 31, but profits fell 3.6 per cent to $616million, compared to the same period a year ago.

Farmers Prices Price Cent Supermarket Woolworths Coles Supermarkets Major Supermarkets Gouging Rise Our Cow  farmers  prices  coles  woolworths  tarrant  selling  supermarkets  price  farmdirect  supermarket  customers  directly  buy  gouging  rise  cent  growing

History of this topic

Food prices are on the rise again. What’s behind the increase
3 weeks, 3 days ago

Food prices are on the rise again. What’s behind the increase

CNN  

Rochester, Minnesota CNN — On the Sunday before Thanksgiving, a grocery store here was plumb out of eggs. And it’s not just eggs — shoppers have seen jumps in beef, coffee and non-alcoholic beverages, driving up overall grocery prices to their largest monthly gain since January 2023. “Overall grocery price inflation is relatively tame; it’s essentially in line with where …

Food prices are on the rise again. What’s behind the increase
3 weeks, 3 days ago

Food prices are on the rise again. What’s behind the increase

CNN  

Rochester, Minnesota CNN — On the Sunday before Thanksgiving, a grocery store here was plumb out of eggs. And it’s not just eggs — shoppers have seen jumps in beef, coffee and non-alcoholic beverages, driving up overall grocery prices to their largest monthly gain since January 2023. “Overall grocery price inflation is relatively tame; it’s essentially in line with where …

Grocery inflation rises as supermarket trips hit four-year high
1 month, 3 weeks ago

Grocery inflation rises as supermarket trips hit four-year high

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Supermarket prices were 2.3% higher than a year ago last month, up slightly on …

Supermarket wars as Sainsbury’s makes price match promise across all stores
2 months ago

Supermarket wars as Sainsbury’s makes price match promise across all stores

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Supermarket giant Sainsbury’s has said it will match prices to …

Grocery prices at Coles and Woolworths go up and down. What's behind the pattern?
2 months, 1 week ago

Grocery prices at Coles and Woolworths go up and down. What's behind the pattern?

ABC  

If you were to grab a box of Cadbury Favourites off the supermarket shelf, how much would it cost? The thinking behind high-low price changes Sanjoy Paul, an associate professor in operations and supply chain management at the University of Technology Sydney's business school, said these price movements were a retail strategy called "high-low" pricing. Sales prices condition consumers Dr …

Major UK retailer increases its market share to highest level in seven years as supermarkets fight for customers amid inflation rises
3 months ago

Major UK retailer increases its market share to highest level in seven years as supermarkets fight for customers amid inflation rises

Daily Mail  

Tesco has increased its market share to its highest level in seven years as retailers attempt to manage growth amid continued inflation rises. In new figures, it has been revealed that Britain's largest retailer now boasts a market share of 28 per cent, up over half a per cent from this time last year. Meanwhile, other supermarket giants such as …

How do Australia's grocery prices compare to the UK, Ireland and New Zealand?
3 months, 1 week ago

How do Australia's grocery prices compare to the UK, Ireland and New Zealand?

ABC  

We all know the cost of groceries has gone up in Australia. "While we do not go as far as to say that Woolworths and Coles control prices, they possibly monitor each other's moves very closely," Dr Macau said. The comparison looked at the two largest supermarkets in each country, to mimic Australia's Coles-Woolworths duopoly, which has 65 per cent …

ACCC report finds Australians have lost trust in supermarkets as it focuses on Coles and Woolworths' market power and barriers to entry
3 months, 1 week ago

ACCC report finds Australians have lost trust in supermarkets as it focuses on Coles and Woolworths' market power and barriers to entry

ABC  

A new report from the Australian Competition and Consumer Commission has found many Australians have lost trust in supermarkets as it investigates Coles and Woolworths' market power and potential barriers to entry in the sector. Mr Keogh said food price inflation is lower in Australia than in most OECD countries but they will be looking closely at the extent to …

Milk prices set to increase later this year, warns Cravendale firm Arla
4 months, 1 week ago

Milk prices set to increase later this year, warns Cravendale firm Arla

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Dairy giant Arla has said …

Grocery price inflation rises for first time since March 2023
4 months, 3 weeks ago

Grocery price inflation rises for first time since March 2023

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Grocery price inflation has risen …

If supermarket inquiries alone provided cost-of-living relief, groceries would already be cheaper at the check-out
6 months, 2 weeks ago

If supermarket inquiries alone provided cost-of-living relief, groceries would already be cheaper at the check-out

ABC  

It was always going to be a matter of when, not if, Coles and Woolworths would fall from the public's good graces. The tactics Coles and Woolworths use to keep prices high, and competitors out Photo shows A number of illustrations of grocery items, like milk, apples, sausages, around two 'specials' signs 'half price' and '40% off'. ACCC to investigate …

Reko online farmers' markets increasing in popularity as supermarkets accused of price gouging
7 months, 3 weeks ago

Reko online farmers' markets increasing in popularity as supermarkets accused of price gouging

ABC  

In short: Organisers of farmers' markets say they've seen a big increase in customers as distrust in supermarkets grows. "People can come here on their way home from work and just drive straight through without getting out of the car and pick up whatever they've ordered," Mr Price said. "It has shed a lot of light into the industry and …

Woolworths flags customer caution amid sales slowdown and cost-of-living pain
8 months ago

Woolworths flags customer caution amid sales slowdown and cost-of-living pain

Live Mint  

May 2 - Australia's Woolworths warned of continued caution among consumers and cost-of-living pressures on Thursday, even as inflation moderated, as the supermarkets operator faced a slowdown in sales from its biggest segment, Australian Food. "Customers are looking for more ways to save," Banducci said, while customer segments across the Australian Food division reported highest levels of concern amid a …

Battle for customers drives down UK shop inflation
9 months ago

Battle for customers drives down UK shop inflation

China Daily  

Competition for customers between retailers has played a big part in shop price inflation in the United Kingdom falling to its lowest level in two years, newly published figures have revealed. Food inflation dropped from 5 percent to 3.7 percent, and non-food inflation plummeted down from 1.3 percent to 0.2 percent, as retailers battled to win over customers who have …

Consumers are increasingly pushing back against price increases — and winning
10 months, 2 weeks ago

Consumers are increasingly pushing back against price increases — and winning

Associated Press  

WASHINGTON — Inflation has changed the way many Americans shop. “That was the fear — that everybody would tolerate higher prices,” said Gregory Daco, chief economist at EY, a consulting firm, who notes that it hasn’t happened. “I don’t think we’ve moved into a high inflation regime.” Instead, this time many consumers have reacted like Stuart Dryden, a commercial underwriter …

How did Coles and Woolworths become so powerful? The story of the big two supermarkets
10 months, 2 weeks ago

How did Coles and Woolworths become so powerful? The story of the big two supermarkets

ABC  

Australia is the land of the supermarket duopoly — where the big two of Coles and Woolworths control 65 per cent of the grocery market. "One of the key strategic innovations in Australian business history is that both Coles and Woolworths pivot in the 1950s … They decided to go into food." Gary Mortimer, a professor of marketing at Queensland …

Supermarket industry insiders reveal how Coles and Woolworths profit off rising prices
10 months, 2 weeks ago

Supermarket industry insiders reveal how Coles and Woolworths profit off rising prices

ABC  

In short: Emails show how Coles increases the prices you pay for products in return for one-off payments from its suppliers. Shoppers 'getting screwed' The emails show Coles received a one-off payment from a multinational supplier for allowing a price increase, then passed on this cost to customers. The price increase of around 5 per cent, which the supplier sought …

Supermarkets as you know them are disappearing from our inner cities — and it means more uncertainty about what you'll pay
10 months, 3 weeks ago

Supermarkets as you know them are disappearing from our inner cities — and it means more uncertainty about what you'll pay

ABC  

Supermarkets as we once knew them are quietly disappearing from inner-city suburbs. Springing up in their place are boutique "metro" or "local" iterations, a version of a Woolworths or Coles grocery store that depending on where you are could mean it's smaller than a traditional supermarket, stocks a bespoke range of local products, hosts a sushi bar, artisan bakery, or …

Coles and Woolworths make their defence on supermarket prices to Senate inquiry
11 months ago

Coles and Woolworths make their defence on supermarket prices to Senate inquiry

ABC  

In short: Coles has pointed to wage rises, supplier cost increases and high energy prices as some reasons for high grocery prices in recent months. "We work constructively with our suppliers on promotional campaigns to offer great value to customers and to limit or defer the impact of supplier cost price increases to keep costs low for customers." Woolworths confident …

Grocery price inflation slowdown stumbles as supermarkets offer fewer deals
11 months, 1 week ago

Grocery price inflation slowdown stumbles as supermarkets offer fewer deals

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Grocery prices were 6.8% more expensive than a year …

Are supermarkets price-gouging customers? The answer may be more complicated than it seems
11 months, 2 weeks ago

Are supermarkets price-gouging customers? The answer may be more complicated than it seems

ABC  

Given the high prices people are paying, supermarket chains aren't super popular with the Australian public right now. "Our recent national survey asked consumers what they thought of the prices being charged by major supermarkets, and 60 per cent of people told us they believe the increases seen at Coles and Woolworths are not simply due to higher costs and …

Pressure mounts for ACCC inquiry into supermarket pricing amid claim farmers being paid 1978 prices
1 year ago

Pressure mounts for ACCC inquiry into supermarket pricing amid claim farmers being paid 1978 prices

ABC  

As grocery prices rose and major supermarkets made billion-dollar profits last year, one of Australia's most generous farmers lost $9 million — and he is now considering whether rock-bottom "1978" prices will force him to leave the industry he loves. Key points: Trevor Cross has backed calls for an ACCC inquiry into alleged supermarket price gouging Queensland's premier has asked …

Greens move to establish Senate inquiry into allegations of price-gouging by Coles and Woolworths
1 year, 1 month ago

Greens move to establish Senate inquiry into allegations of price-gouging by Coles and Woolworths

ABC  

The Greens say an inquiry can find a way to "dismantle" the power of Australia's two major supermarkets and bring down soaring grocery prices. Key points: The Greens want the Australian parliament to interrogate the costs and revenues of the major supermarkets While food inflation has eased this year from its 9.2 per cent peak in December 2022, it is …

More Australians shopping for groceries online to ensure they're getting value for money as cost-of-living pressures remain
1 year, 3 months ago

More Australians shopping for groceries online to ensure they're getting value for money as cost-of-living pressures remain

ABC  

Sarah Woodland was one of thousands of people who turned to online grocery shopping during the pandemic, but she is part of a growing trend of people who are staying away from physical stores during their weekly shop. Key points: Consumers are shopping at multiple stores to get the best deal on their grocery shop Online stores like Amazon, Catch …

Woolworths posts massive profit of $1.62billion - as it warns Aussies prices will keep rising
1 year, 4 months ago

Woolworths posts massive profit of $1.62billion - as it warns Aussies prices will keep rising

Daily Mail  

Australia's biggest supermarket chain Woolworths has seen its profits surge as shoppers battle high inflation. Chief executive Brad Banducci also received a 17 per cent or $1.25million pay rise as he spoke about customers doing it tough. The Woolworths Group, which includes supermarkets and discount store Big W, recorded a $1.62billion profit in the year to June, up 4.6 per …

Have rising prices permanently changed our habits at the supermarket?
1 year, 4 months ago

Have rising prices permanently changed our habits at the supermarket?

The Independent  

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our …

Daily groceries still expensive; Price decreases stalling
1 year, 5 months ago

Daily groceries still expensive; Price decreases stalling

NL Times  

A recent price decrease in supermarket prices seems to have stalled, according to figures from market researcher GfK. GfK buys the same shopping basket with 55 frequently purchased products like apples, toothpaste, minced meat, and milk for months and compares the prices. Some products have become cheaper this year due to falling raw material prices, Nadia Menkveld, an agriculture and …

Food price inflation not driven by weak supermarket competition, says watchdog
1 year, 5 months ago

Food price inflation not driven by weak supermarket competition, says watchdog

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. CMA chief executive Sarah Cardell said: “With so many …

How much profit are UK supermarkets making amid the cost crisis?
1 year, 6 months ago

How much profit are UK supermarkets making amid the cost crisis?

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Here the PA news agency highlights how much profit …

Supermarkets say they are doing everything they can amid ‘profiteering’ quiz
1 year, 6 months ago

Supermarkets say they are doing everything they can amid ‘profiteering’ quiz

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. But Mr Jones pressed: “How can it be possible that you are making hundreds …

How much grocery prices have gone up at Woolworths and Coles from 2019 to 2023
1 year, 6 months ago

How much grocery prices have gone up at Woolworths and Coles from 2019 to 2023

Daily Mail  

Australians have been feeling the pinch at the supermarket check out, and now analysis by Daily Mail Australia shows precisely how much the prices of staple products have risen. LET US KNOW IN THE COMMENTS Analysis conducted by Daily Mail Australia shows products, once considered staples in households across the nation, have risen by as much as 106 per cent …

Coles and Woolworths items Aussies have stopped buying
1 year, 7 months ago

Coles and Woolworths items Aussies have stopped buying

Daily Mail  

Australians have revealed the everyday food items and household products they are no longer buying as prices soar. With inflation still worryingly high at 6.8 per cent, consumers are thinking twice before spending money on entertainment, insurance, self-care, coffee and even some grocery staples to make ends meet. RBA Governor Philip Lowe said the rate rises must continue to drive …

Shop inflation hits new record as coffee and chocolate prices jump
1 year, 7 months ago

Shop inflation hits new record as coffee and chocolate prices jump

The Telegraph  

Helen Dickinson, chief executive of the British Retail Consortium, said falling commodity costs were starting to filter through to lower prices at the tills for some staples including butter and milk. Sainsbury’s on Tuesday announced it was slashing the price of its dairy products by as much as 60pc Britain’s second largest supermarket said it had reduced more than 40 …

Coles and Woolworths food prices rise by 9.6 per cent in past year, outpacing inflation rate
1 year, 7 months ago

Coles and Woolworths food prices rise by 9.6 per cent in past year, outpacing inflation rate

ABC  

Australian supermarket food prices have increased by a new peak of nearly 10 per cent over the past 12 months, outpacing annual inflation as the cost of living continues to rise. Key points: Analysis by UBS found food prices at Coles and Woolworths increased to 9.6 per cent in the past 12 months Coles prices increased to 10.5 per cent …

Are supermarkets profiteering from high food prices?
1 year, 8 months ago

Are supermarkets profiteering from high food prices?

Daily Mail  

Supermarkets are under fire from a top MP for 'profiteering' from record high food prices - but are the retail giants really lining their pockets at the expense of customers? But all of the big four supermarkets have seen their profits fall significantly compared to last year, with Sainsbury's seeing the biggest drop at 61 per cent. Falling 'big four' …

Is the supermarket milk price war a sign food prices could FINALLY fall from current record highs?
1 year, 8 months ago

Is the supermarket milk price war a sign food prices could FINALLY fall from current record highs?

Daily Mail  

Four supermarkets have slashed the price of milk this week, with the competition leading to hopes record food prices could finally start to fall. Talking shop: The price of supermarket groceries has soared, leaving households paying record prices for their weekly shop Tesco led the charge on Wednesday, reducing the price of a four-pint carton of milk from £1.65 to …

Retail milk prices rose 15% in past year, highest in a decade
1 year, 9 months ago

Retail milk prices rose 15% in past year, highest in a decade

Hindustan Times  

Retail milk prices rose 15% over the past year, the fastest pace in a decade, and could increase further this summer, analysts said, citing higher fodder prices, a shortage of milch cattle due to an epidemic and a slowdown in productivity in the world’s largest milk producer. One in three households reduced consumption and spending on milk due to rising …

Food inflation hits a record high – and retailers say price rises ‘have yet to peak’
1 year, 9 months ago

Food inflation hits a record high – and retailers say price rises ‘have yet to peak’

The Independent  

Shop price inflation reached a record high this month, figures show – and there’s more misery for households in store as experts warn soaring food costs have yet to peak. The increasing cost of sugar coupled with high manufacturing costs contributed to price rises for chocolate, sweets and fizzy drinks, while fruit and vegetable prices also rose as poor harvests …

Shoppers turn to multiple supermarkets as grocery inflation reaches record high
1 year, 9 months ago

Shoppers turn to multiple supermarkets as grocery inflation reaches record high

The Independent  

Stay ahead of the curve with our weekly guide to the latest trends, fashion, relationships and more Stay ahead of the curve with our weekly guide to the latest trends, fashion, relationships and more Stay ahead of the curve with our weekly guide to the latest trends, fashion, relationships and more SIGN UP I would like to be emailed about …

Grocery in UK costlier than ever as 'cost of living' crisis deepens
1 year, 10 months ago

Grocery in UK costlier than ever as 'cost of living' crisis deepens

Firstpost  

London: The grocery inflation rate in the United Kingdom reached a new record high of 17.1%, said reports based on industry data. According to Kantar Worldpanel, the cost of a family’s typical buying basket could increase by £811 per year as a result of the increase over the past 12 months. According to Kantar, the allure of less expensive own-label …

Supermarket prices surge and there's more inflation to come, warn analysts
1 year, 11 months ago

Supermarket prices surge and there's more inflation to come, warn analysts

ABC  

Supermarket price increases accelerated over the past three months of 2022, with Woolworths leading the charge, according to research by investment bank UBS. Key points: Food prices at the two major supermarkets were up 9.2 per cent over the year to December Fruit and vegetable prices stabilised in the December quarter, while dairy and meat continued to post double-digit increases …

Stores face questions as price of basic groceries soars by 30%
1 year, 11 months ago

Stores face questions as price of basic groceries soars by 30%

Daily Mail  

Basic groceries, such as milk, butter and cheese, are seeing price rises of up to 30 per cent – sparking suspicions of supermarket profiteering. It found food and drink inflation was at 15 per cent overall across the UK’s eight biggest supermarkets in the year to December. But the consumer watchdog said shoppers believe stores should do more to help …

UK food prices set to rise further as farmers face ‘hammering’, MPs told
2 years, 1 month ago

UK food prices set to rise further as farmers face ‘hammering’, MPs told

The Independent  

Britain's food production faces a "hammering" with the worst conditions for farmers "in living memory" likely to push up prices even more over the next year, farming chiefs have told MPs. Minette Batters, president of the National Farmers Union told the House of Commons environment and food committee that huge rises in input costs were "driving massive problems" across all …

Supermarkets could hike prices even further
2 years, 2 months ago

Supermarkets could hike prices even further

NL Times  

Consumers can expect more price hikes for their groceries in the near future. “In many product categories, we are getting proposals for double-digit price increases,” Vomar director Aart van Haren told the newspaper, and other supermarket directors confirmed it. Negotiations between supermarkets and producers are already difficult, and becoming more so with proposed price increases of 10 to 20 percent, …

Rising grocery prices are pushing up inflation. Here is why bread, milk and mince are costing more
2 years, 2 months ago

Rising grocery prices are pushing up inflation. Here is why bread, milk and mince are costing more

ABC  

If you've walked away from the check-out lately feeling like you've paid a lot for a handful of basic items, your instincts are spot on. Key points: Milk is 12 cents a litre more expensive than a year ago Mince has gone up 8 per cent Imported goods are more expensive because of a weaker Australian dollar Grocery prices really …

UK food prices rise at fastest rate since global financial crash
2 years, 4 months ago

UK food prices rise at fastest rate since global financial crash

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ /verifyErrors }} The price of …

Supermarket prices up 18.5% in less than a year
2 years, 4 months ago

Supermarket prices up 18.5% in less than a year

NL Times  

Netherlands residents paid an average of 18.5 percent more for their groceries in supermarkets last month than in September 2021, NOS reports based on a study by market researcher GfK. “On average, they spend about 7,000 to 8,000 euros on groceries per year,” said Norman Buysse of GfK. “They quickly pay about 1,500 euros more for the same groceries than …

Shop prices rise at fastest pace on record with
2 years, 5 months ago

Shop prices rise at fastest pace on record with

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

Aussie fruit shop boss exposes why prices are soaring at Coles and Woolworths
2 years, 6 months ago

Aussie fruit shop boss exposes why prices are soaring at Coles and Woolworths

Daily Mail  

Aussie farmers claim families can save hundreds of dollars on fresh fruit and vegetables by buying them away from major supermarkets. Farmer Guy Gaeta has suggested a boycott of major supermarkets because he says they rip off consumers and farmers Independent grower Guy Gaeta claims families could save '50 or 60 per cent' on their fresh produce costs by shopping …

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