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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 regulator’s investigation resulted in identifying more than 700 potentially restrictive leases.

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Why supermarkets are stocking breakout and trendsetting brands on their shelves

Inside Retail

Recently, the supermarket beauty aisle has undergone a makeover of sorts, with Australia’s leading supermarkets Coles and Woolworths now stocking digitally native self-care products. This sentiment about the demand for efficacious products at a budget-friendly price point is shared by the co-founder of tbh skincare, Rachael Wilde.

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Explainer: Why Is France Struggling To Lower Supermarket Prices?

Retail Wire

France’s Finance Minister Bruno Le Maire is urging the country’s supermarkets and suppliers to accelerate price cuts as consumers struggle with rising food costs and inflation. Although a pledge was made by 75 top food companies to cut prices in July, only about 40 have followed through.

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Chinese retailers’ pricing strategy risks ‘vicious cycle’ of low margins

Inside Retail

Reached for comment, Haidilao said the brand was “still an experiment” Bargain store exppansion The climate has also given rise to a new breed of discount stores, a relatively new phenomenon for China, whose emergence are also spurring larger rivals to announce big price cuts.

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How online supermarket Send can fulfil bold promise of 15-minute delivery

Inside Retail

An exclusively online supermarket is rolling out across metro Sydney and Melbourne this month to capitalise on the demand for quick and convenient grocery delivery. We don’t have this problem because we purchase wholesale and sell at retail prices.”. 15-minute delivery .

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Woolworths sees higher sales despite Big W, other business’ sales decline

Inside Retail

The supermarket chain witnessed its sales increase 5.3 “Importantly for our customers, inflation in our food businesses continued to moderate over the quarter driven mainly by deflation in fruit and vegetables and meat as lower input costs in these categories have led to lower retail prices,” said Banducci.

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Price, not volume, driving Australian retail sales growth

Inside Retail

Retail prices increased 4.8 per cent through the year to the June quarter with the largest price rises seen in food and household goods. “On On a quarterly basis, overall retail price growth has already exceeded sales volume growth in both the March and June quarters,” says Rumbens. “On per cent price growth.”.