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More Australians lose trust in supermarket pricing, ACCC says

Inside Retail

Many Australians have lost trust in supermarket pricing, with more consumers now comparing prices between stores before making a purchase. “Many consumers have told us that they are losing trust in the sale price claims by supermarkets,” said Mick Keogh, ACCC deputy chair.

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ACCC to conduct enquiry on Australian supermarkets’ pricing and competition

Inside Retail

The pricing practices of Australia’s supermarket near-duopoly are about to the the focus of a year-long enquiry by the government’s competition regulator, the Australian Competition and Consumer Commission (ACCC). The ACCC will examine competition in the supermarket sector and how it has evolved since the previous inquiry in 2008.

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How Central Group aims to thrive amid global retail uncertainty

Inside Retail

The company operates a portfolio of 85 department stores, 87 home improvement superstores, 695 supermarkets, 41 hypermarkets, 13 wholesale warehouses and a slew of specialty retail brands across multiple categories, totalling 3844 sales locations in all. hypermarkets and three more Mini Go!

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Former Coles CEO Ian McLeod reflects on a transformative career in retail

Inside Retail

McLeod drove change at UK supermarket group Asda in the UK ahead of its sale to Walmart, was chief merchandise officer and board member of Walmart Germany from 2000-01, led the turnaround of Halfords, the UK auto parts chain prior to its float – and then took the helm of Coles in Australia for five years from 2008.

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Fast fashion firms prepare for EU crackdown on waste mountain

Inside Retail

Africa awash At the Barcelona plant, garments arrive from more than 7,000 donation bins in supermarkets and Zara and Mango stores. Only 8 per cent of the donations are currently resold at Moda Re’s second-hand shops, the method widely seen as the more efficient way of reusing old clothes. None provided an estimate.

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Aldi vs Lidl: Who will win the battle of the discounters?

Retail Gazette

With the cost-of-living crisis at the forefront of shoppers’ minds, it’s no surprise so shoppers have jumped ship from the traditional big four supermarkets to discounters. “I wouldn’t be able to pick out one winner over the other, but it will be the supermarket that can adapt the fastest to the opportunity.

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Retail sales rise unexpectedly in May

Retail Gazette

mostly due to a significant increase in online shopping for items like outdoor goods and summer clothing. in May, signifying customers might be cutting back amid sky-high supermarket inflation. for the four weeks to 11 June 2023, it remains sixth highest monthly figure since 2008. // Retail sales increase month on month by 0.3%

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