Coles is called out over price of 'tiny' grocery haul - as female tradie breaks down in tears over Australia's skyrocketing prices
1 year, 3 months ago

Coles is called out over price of 'tiny' grocery haul - as female tradie breaks down in tears over Australia's skyrocketing prices

Daily Mail  

A young Aussie has exposed how much his tiny haul of groceries cost, just days after Woolworths and Coles posted enormous multi-billion dollar profits. The Coles grocery haul included cage-free eggs, soy milk, twiggy sticks, bacon, rice, coffee, dog food, onions, garlic and carrots. While Woolworths and Coles posted enormous multi-billion dollar profits this week, a young man made it very clear that everyday Aussies are suffering He finished his distressed rant by saying, 'I don't understand.' The young Aussie asked how millennials are supposed to get ahead with food prices being so high The man ranted angrily at how little he got for his $91 at a trip to the supermarket A young Aussie man was astonished at the cost of his grocery bill at Coles Many related to the plight of the struggling young Aussies and called out the supermarket giants.

Australia Man Young Woolworths Coles Food Prices Tiny Haul  coles  tradie  man  video  working  tears  cost  tiny  haul  grocery  food  prices  skyrocketing  female  price  young  australia  posted  profits

History of this topic

Grocery prices at Coles and Woolworths go up and down. What's behind the pattern?
1 month, 4 weeks 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 …

Woolworths boss walks away from the supermarket with multi-million dollar payout as Oxfam declares Aussies are fed up with Woolies and Coles duopoly
3 months, 3 weeks ago

Woolworths boss walks away from the supermarket with multi-million dollar payout as Oxfam declares Aussies are fed up with Woolies and Coles duopoly

Daily Mail  

Woolworths CEO Brad Banducci has left the grocery giant with a payout reported to be as much as $24million as new research shows struggling Aussies want more accountability from the big two supermarkets. Woolworths, which makes 2.5 cents off every dollar spent, this week announced an initial net profit of $1.7 billion, down 0.6 per cent from the year before. …

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

The tactics Coles and Woolworths use to maintain their power over Australia's grocery market
10 months ago

The tactics Coles and Woolworths use to maintain their power over Australia's grocery market

ABC  

Coles and Woolworths say they're looking out for you – they are the fresh food people or the home of everyday low prices. Meanwhile, an industry insider says Woolworths began a campaign 18 months ago to increase its profit margins – asking to "share" in any price increases it granted to its suppliers. Coles CEO Leah Weckert says she wasn't …

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

Super Power: The cost of living with Coles and Woolworths
10 months ago

Super Power: The cost of living with Coles and Woolworths

ABC  

"SUPER POWER" 19 Feb, 2024 Four Corners CUSTOMER: Have a go at this. ANGUS GRIGG, REPORTER: It's hard to see how you haven't used the cover of inflation to drive price increases above that, and that's what most people would see as price gouging. ANGUS GRIGG, REPORTER: This might give you the impression that Coles and Woolworths are in a …

Coles and Woolworths make their defence on supermarket prices to Senate inquiry
10 months, 2 weeks 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 …

Insane price of grocery haul from Woolworths sums up cost-of-living crisis: 'Sad times'
1 year, 1 month ago

Insane price of grocery haul from Woolworths sums up cost-of-living crisis: 'Sad times'

Daily Mail  

A man has revealed the shockingly small amount of groceries he paid almost $400 for as many Aussies struggle to make ends meet amid the cost-of-living crisis. A video of the man showing his small grocery haul was shared on social media platform X on Monday with hundreds shocked by the bill. An Aussie revealed the small grocery haul he …

Australian farmers lash Coles, Woolworths saying they make huge profits on fruit and vegetables
2 years, 5 months ago

Australian farmers lash Coles, Woolworths saying they make huge profits on fruit and vegetables

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 …

Coles issues an urgent warning to Australian shoppers
2 years, 6 months ago

Coles issues an urgent warning to Australian shoppers

Daily Mail  

Coles has revealed supermarkets are being forced to rapidly increase their consumer prices as food suppliers demand compensation for soaring production costs. Shoppers have been facing increased prices at supermarket checkouts amid skyrocketing inflation Woolworths chief executive Brad Banducci, who runs Australia's biggest supermarket group, earlier this year also revealed the company had already seen price boosts of two to …

Discover Related