consumer goods consumers economy, business and finance food - consumer goods retail

Woolies denies gouging suppliers in skewed relationship

Representatives from supermarket powerhouse Woolworths deny its huge market share is costing suppliers an opportunity to negotiate when selling products.

consumer goods consumers economy, business and finance food - consumer goods retail

Coles denies supplier gouge through own-brand products

Supermarket heavyweight Coles has developed a wide range of subtly-branded products it owns, denying there is any transparency issue for customers.

consumer goods consumers economy, business and finance food - consumer goods inquiry regulatory policy and organisation report retail

Developer malaise means Woolies is behind more malls

Woolworths has cast itself as being in competition with cake shops and newsagents, while also showing the might of its construction arm.

breaking_news civil unrest economy (general) retail

‘Morons’: Multi-faith condemnation over Myer protest

Multi-faith leaders have stood in solidarity against protesters planning to target a Christmas event, as the organiser insisted children were never a target.

consumer goods consumers corporate crime economy, business and finance food - consumer goods retail

Discount class action fresh headache for grocery giants

Australia's two major supermarket chains say they will defend against class action lawsuits brought over allegations of misleading promotional price practices.

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Coles calls out ‘politicisation’ of cost of living

Politicians are unfairly attacking supermarket chains to provide answers to difficult questions about inflation, grocery giant Coles says.

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Aldi banks on winning customers over opening new stores

The nearest supermarket rival to Coles and Woolworths says it's focused on trying to woo new customers rather than expanding its chain of Australian stores.

consumer goods consumers economy, business and finance food - consumer goods retail

Farmers fear being frozen out by supermarket giants

Produce growers face limited export opportunities, low bargaining power and high costs to supply Australian supermarket giants, an inquiry has heard.

consumer goods consumers economy, business and finance food - consumer goods retail

‘Frustrated, sceptical’ consumers lose trust in grocers

Consumers doubt rising costs are totally to blame for higher grocery prices, as profits fall for manufacturers struggling to pass on surging costs.

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Fish furore: Woolies refuses to phase out farmed salmon

Woolworths shareholders have questioned the company's board over its pricing practices and use of farmed salmon which threatens the existence of a rare fish.

breaking_news economy, business and finance lifestyle and leisure politics retail

‘People haven’t splurged’: tax cut spending subdued

Australian retailers are finally starting to see a more upbeat consumer, though spending is unlikely to be strong enough to fan the flames of inflation.

consumers crime, law and justice economy, business and finance retail telecommunication service

Optus regrets ‘unacceptable’ conduct alleged by ACCC

Australia's second-largest telco says it failed to meet expectations after the consumer watchdog alleged "unconscionable conduct" against vulnerable customers.

annual and special corporate meeting earnings forecast economy, business and finance retail

Wesfarmers defends record profits amid cost crisis

Wesfarmers chair Michael Chaney is reclaiming the word "profit" as the parent company of Kmart and Bunnings reaps a record profit amid a cost-of-living crisis.

breaking_news economy, business and finance politics retail

Australia’s inflation down, but not out

There were few surprises in the inflation read-out, with economists broadly of the view underlying price pressures should keep the cash rate on hold until 2025.

consumers crime, law and justice food - consumer goods retail

Coles, Woolies call price check on ACCC discount claim

Supermarket giants Coles and Woolworths will fight the consumer watchdog over accusations of dodgy "price drop" campaigns.

personal finance politics retail

Supermarkets blamed most for cost-of-living woes

A new report reveals Australians lay the blame for the rising cost of living at the feet of supermarkets.

antitrust issue economy, business and finance merger, acquisition and takeover politics retail

New merger laws to shelve ‘damaging’ supermarket deals

The competition watchdog will have to be notified of every supermarket merger to prevent major players from gaining an unfair advantage.

food - consumer goods politics retail shopping

Expert rejects supermarket land banking concerns

A retail expert says it's "not unreasonable" for supermarkets to spend years developing sites for stores, as the government moves to crack down on land banking.

retail

Core brands survive big change at battling retail chain

Mosaic Brands says it will close its Rockmans, Autograph, Crossroads, W.Lane and BeMe brands to focus on its core brands such as Noni B.

economy, business and finance inflation and deflation macro economics politics retail

Retail sales to show economy continues to sputter along

The Australian economy should show further signs of modest growth in upcoming retail trade figures but investors will be more interested in US jobs data.

crime, law and justice food - consumer goods retail

Psychological tricks behind supermarket discounts

Marketing experts say supermarkets are hitting on a human bias to buy with little thought when presented with apparent discounts.

retail speciality store

Just Group fires Smiggle boss over alleged misconduct

Just Group's board alleges that John Cheston engaged in "serious misconduct and a serious breach of his employment terms."

economy, business and finance retail

Tax cuts put away for rainy day as spending spree ends

After two months of sales-fuelled growth, shoppers have tightened belts as the elevated cost-of-living keeps pressure on family finances.

economy, business and finance politics retail

More gloom ahead as economy plods along in slow lane

Australia's economy has been barely limping along and more weakness is anticipated in upcoming national accounts data.

economic policy economy, business and finance politics retail

Amazon, Bunnings to face new questions over customers

Executives from major household brands will front an inquiry into competition practices as the nation's leaders aim to make products cheaper for Australians.

food - consumer goods retail

Coles looking to grow already strong online sales

Grocery giant Coles has detailed plans to shift deliveries from stores to automated warehouses after posting a rise in profit.

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Servo chain Ampol slashes dividend, fuel volumes fall

Energy company Ampol has slashed its interim dividend on lower fuel volumes, tanking its share price, but signalled a return to normal at its refinery.

retail

White knight rescues Booktopia, opens door to new life

Collapsed book e-retailer Booktopia has been rescued by a white knight digital business that will reopen the company.

construction and property consumer confidence economy, business and finance housing and urban planning inflation and deflation retail

Relief in sight as rates focus switches to cuts

Mortgage-holders appear to have avoided another interest rate hike, in a welcome development for the federal government with an election on the horizon.

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Call for ad ban on easy credit for groceries, medicines

A popular form of credit to encourage online shopping has morphed into a crutch for trying to stay a step ahead of financial disaster, an inquiry has been told.

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Anzac Day trade ban to end ‘creeping commercialisation’

NSW is extending its Anzac Day trading bans to cover the full day, but retailers say the move is out of step with what staff and shoppers want.