If supermarket inquiries alone provided cost-of-living relief, groceries would already be cheaper at the check-out
8 months, 3 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 grocery prices Photo shows A sign for Woolworths on top of another for Coles The ACCC can't change the prices supermarkets charge. Now with July around the corner — and the delivery of ex-Labor minister Craig Emerson's review into the grocery code of conduct fast approaching — we've arrived at our first milestone: the inaugural Choice supermarket prices report. ACTU price gouging report Photo shows A Woolworths sign next to a Coles sign outside the shops The former chair of the ACCC takes aim at electricity providers, banks, airlines, supermarkets, and other big businesses in his new report on price gouging and unfair pricing practices.

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History of this topic

Aldi boss explains why their groceries are so much cheaper - as he takes a swipe at Coles and Woolworths
4 months ago

Aldi boss explains why their groceries are so much cheaper - as he takes a swipe at Coles and Woolworths

Daily Mail  

A senior Aldi executive has taken a swipe at major competitors Coles and Woolworths while revealing why the German discounter is so much cheaper. Jordan Lack, Aldi's managing director of buying in Australia, said the chain was more focused on providing cheap prices than convenience during a cost of living crisis. A senior Aldi executive has taken a swipe at …

High Street retailers could be forced to increase prices, bosses warn - following an 'avalanche of costs' after the Budget
4 months, 2 weeks ago

High Street retailers could be forced to increase prices, bosses warn - following an 'avalanche of costs' after the Budget

Daily Mail  

High Street bosses have furiously told the government an ‘avalanche of costs’ after the Budget will force them to increase prices. On a call with business minister Jonathan Reynolds, chiefs of some of Britain’s best known retailers and pub chains warned tax hikes would hit expansion and hiring plans. Morrisons chief executive Rami Baitieh told Reynolds that Labour’s first Budget …

Supermarket wars as Sainsbury’s makes price match promise across all stores
4 months, 2 weeks 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 …

Should shops be required to show grocery prices on the shelf to help Australians budget in a cost of living crisis?
5 months, 1 week ago

Should shops be required to show grocery prices on the shelf to help Australians budget in a cost of living crisis?

ABC  

Imagine going to the supermarket for the weekly shop and discovering there is not a single price in sight. There is currently no specific legal requirement for smaller stores to display prices – a loophole consumer groups say is leaving shoppers "flying blind" and struggling to budget. "In recent trips to Arnhem Land we noticed it was mostly healthy food …

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

There's no shortage of supermarket price inquiries. But will they help customers at the check-out?
6 months, 3 weeks ago

There's no shortage of supermarket price inquiries. But will they help customers at the check-out?

ABC  

Australians are struggling to keep pace with the cost of living, with some essentials becoming increasingly out of reach. University of Technology Sydney Associate Professor Sanjoy Paul said improving transparency and helping customers understand pricing decisions was key to maintaining trust. "I think the reputation of supermarkets has taken something of a battering in consequence of that, but the actual …

The grocery code of conduct overhaul could mean good things for suppliers. What about Aussies at the check-out?
8 months, 3 weeks ago

The grocery code of conduct overhaul could mean good things for suppliers. What about Aussies at the check-out?

ABC  

Consumers might not feel the effects of a mandatory grocery conduct overhaul, as a peak consumer policy body says it will watch to ensure supermarkets don't pass on any flow-on costs to Australians. However, he said that the new code would offer a "better deal" for suppliers, meaning that they could compete even at lower prices. "I hope this means …

Some grocery retailers displaying inaccurate pricing, watchdog finds
10 months, 1 week ago

Some grocery retailers displaying inaccurate pricing, watchdog finds

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 Some grocery retailers are displaying …

Supermarket price gouging: Rise in farmers selling directly to customers
1 year 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 …

There are multiple inquiries running on the climbing price of groceries. Here's what they are examining
1 year ago

There are multiple inquiries running on the climbing price of groceries. Here's what they are examining

ABC  

With reports of the tactics Coles and Woolworths have used to increase profits at the check-out, you might have wondered what the government is doing to examine the industry. 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 …

Supermarkets as you know them are disappearing from our inner cities — and it means more uncertainty about what you'll pay
1 year, 1 month 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
1 year, 1 month 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 …

Competition watchdog begins review of supermarket loyalty pricing
1 year, 1 month ago

Competition watchdog begins review of supermarket loyalty pricing

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. So it’s good news that the Government has accepted …

Grocery price inflation slowdown stumbles as supermarkets offer fewer deals
1 year, 1 month 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 …

The ACCC will be investigating supermarket pricing. Here's what the watchdog can and can't do
1 year, 1 month ago

The ACCC will be investigating supermarket pricing. Here's what the watchdog can and can't do

ABC  

Prime Minister Anthony Albanese has announced another investigation into supermarket prices, amid growing concerns over the cost of groceries. Mr Albanese also said advocacy group Choice would be getting funding to "provide clear regular information on prices across a basket of goods". So far, we know the ACCC will investigate: the relationship between wholesale, farmgate and retail prices barriers to …

Former head of competition watchdog Allan Fels says supermarkets are 'overpricing', after calling for ACCC inquiry
1 year, 1 month ago

Former head of competition watchdog Allan Fels says supermarkets are 'overpricing', after calling for ACCC inquiry

ABC  

The former head of Australia's competition watchdog has urged the federal government to order an in-depth investigation into supermarket profit margins and supply chains, accusing the major chains of "overpricing". Key points: An ACCC investigation would be more comprehensive than other inquiries into supermarket pricing underway The ACCC's powers to investigate are limited unless requested by the government The federal …

Supermarkets to face Queensland parliamentary inquiry into high cost of groceries and low farmgate prices
1 year, 2 months ago

Supermarkets to face Queensland parliamentary inquiry into high cost of groceries and low farmgate prices

ABC  

Major supermarkets will be called to front a Queensland parliamentary inquiry into the price of groceries, after Premier Steven Miles held meetings with Coles, Woolworths and Aldi yesterday. By-election to replace Annastacia Palaszczuk Mr Miles has also confirmed a by-election for the southern Brisbane seat of Inala will be held on March 16, the same day as Queensland's council elections. …

Pressure mounts for ACCC inquiry into supermarket pricing amid claim farmers being paid 1978 prices
1 year, 2 months 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, 3 months 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 …

Have rising prices permanently changed our habits at the supermarket?
1 year, 7 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, 7 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 …

Supermarkets ordered to make prices clearer so shoppers can get better deals
1 year, 7 months ago

Supermarkets ordered to make prices clearer so shoppers can get better deals

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 Supermarkets have not been clearly displaying prices, making it more …

Food price inflation not driven by weak supermarket competition, says watchdog
1 year, 7 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 …

UK’s most affordable supermarket revealed
1 year, 11 months ago

UK’s most affordable supermarket revealed

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 Aldi has been named the UK’s cheapest supermarket in March, …

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

Stores face questions as price of basic groceries soars by 30%
2 years, 2 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 …

Cost of cheapest items in supermarket rise by as much as two thirds
2 years, 4 months ago

Cost of cheapest items in supermarket rise by as much as two thirds

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 The UK’s most squeezed households …

Supermarket prices up 18.5% in less than a year
2 years, 7 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 …

How cost crisis has affected your Tesco shopping basket as food prices surge 20% in two months
2 years, 9 months ago

How cost crisis has affected your Tesco shopping basket as food prices surge 20% in two months

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. open image in gallery Britons face their lowest living standards in 40 years Pasta …

Food prices still rising and will stay high for ‘some time’, top retailer warns
2 years, 10 months ago

Food prices still rising and will stay high for ‘some time’, top retailer warns

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 Food prices will remain high for "some time" and the …

Eight in ten shoppers are seeking reduced items in supermarkets
3 years ago

Eight in ten shoppers are seeking reduced items in supermarkets

Daily Mail  

Millions are changing their food shopping habits to combat spiralling prices by switching to ‘yellow sticker’ reduced items and cheaper ranges. Millions of people are changing their food shopping habits to combat spiralling prices by switching to ‘yellow sticker’ reduced items and cheaper ranges The figures come from research by Ipsos, which said the cost-of-living squeeze means many are being …

Co-op pledges £50m of price cuts for grocery staples amid 'tight' competition
7 years, 1 month ago

Co-op pledges £50m of price cuts for grocery staples amid 'tight' competition

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 The Co-op is investing £50m …

Supermarket price war kicks off as Morrisons cuts the cost of 800 items
8 years, 2 months ago

Supermarket price war kicks off as Morrisons cuts the cost of 800 items

Daily Mail  

Morrisons has kicked off the supermarket price war by slashing the prices of hundreds of goods in an attempt to entice families suffering from the post-Christmas pinch. Morrisons has kicked off the supermarket price war by slashing the prices of hundreds of goods in an attempt to entice families suffering from the post-Christmas pinch Sainsbury’s has already spent more than …

Morrisons cuts prices of over 1,000 ‘everyday essentials’
9 years, 1 month ago

Morrisons cuts prices of over 1,000 ‘everyday essentials’

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 Morrisons is to cut prices …

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