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How consumers’ forensic focus on prices is driving cross-shopping

Inside Retail

Australia’s leading supermarkets, Coles and Woolworths, delivered their third-quarter results to shareholders this week along with new consumer insights. Both retailers reported that the current economic environment has challenged consumers’ discretionary spending and that households have evolved their buying habits to seek out value.

Consumer 255
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The new Tiktok challenge waging war on the major supermarkets’ pricing

Inside Retail

Independent Queensland grocer Skippys Fresh Frootz has garnered attention on social media for its videos highlighting its low prices at a time when Australia’s major supermarkets are facing scrutiny for their lack of transparency in their price-setting practices. Bunnings is now back in first place.

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“No immediate impact”: Experts weigh in on Senate Committee’s recommendations

Inside Retail

This week, the Senate Committee on Supermarket Prices made 14 recommendations for the Government to consider amending the Competition and Consumer Act 2010 to end the alleged price gouging of the major supermarkets. This will allow consumers to align and ‘buycott’ from a supermarket that promotes their values.

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Aldi tops Australia supermarket rankings, yet again

Inside Retail

Discount supermarket chain Aldi has topped the Canstar Blue Most Satisfied Customers Award, putting nine wins in its basket over the last 11 years. The survey also revealed that 91 per cent of customers go to the same supermarket for convenience and because it is “closer to home”, which was likely heightened by pandemic lockdowns.

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Ocado crowned UK’s fastest growing supermarket

Retail Gazette

Ocado has been crowned as the UK’s fastest growing supermarket as sales jumped 12.2% The news comes as NIQ found total till sales at UK supermarkets slowed to 5.3% When food inflation was in double digits, shoppers did cut back on large ‘trolley’ shops and online was also impacted. over the last 12 weeks.

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Why Amazon’s New “Just Walk Out” Supermarkets Will Change Everything. Forever

Retail Focus

If it doesn’t benefit the consumer, they won’t do it. Their apps open, supermarket executives also enquire: “But who’ll own the data …?”. Second, think about how retail and supermarket buildings could be affected: Just Walk Out will also mean “just walk in, anywhere.” Many detractors deride the cost.

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Sainsbury’s is priciest supermarket for a big shop, says Which?

Retail Gazette

has named Sainsbury’s as the priciest supermarket for a big shop if you don’t use a loyalty card. The supermarket overtook Waitrose for the first time in the consumer choice company’s monthly analysis, while Asda remained the cheapest non-discounter supermarket, coming in £33.52