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What Coles and Woolworths chiefs told the supermarket pricing inquiry 

Inside Retail

The CEOs of supermarket giants Coles and Woolworths stated their cases to the Senate inquiry this week as the government looks into the allegations of price gouging and anti-competitive practices. For Coles, the supermarket chain makes $2.60 And, it is consistent with profit margins made by supermarkets overseas,” she explained.

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Opinion: Why the current supermarket inquiries are so threatening 

Inside Retail

Over the decades, Australia’s major supermarkets have emerged from various parliamentary and regulatory agency inquiries, not to mention political, media, union and consumer group pressures, relatively unscathed. This time supermarkets are caught in a political quagmire and the repercussions of an economic and social reset.

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Uber Debuts Package Return Service

Retail TouchPoints

Uber has introduced a package return service that provides consumers with live tracking within the Uber app. Uber will charge a flat $5 fee for returns, but only $3 for members of the Uber One loyalty program. Uber will charge a flat $5 fee for returns, but only $3 for members of the Uber One loyalty program.

Returns 162
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Aussie supermarkets can expect softer demand ahead, say analysts

Inside Retail

Australian supermarkets will reap bigger profits in fiscal 2023 half-year due to decades-high inflation and increased savings, but analysts warned of a rough second-half as households reel from mounting expenses due to higher cost of living. Woolworths said food prices over the September quarter rose 7.3 per cent, while Coles reported a 7.1

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Lidl and M&S remain fastest-growing supermarkets

Retail Gazette

Lidl and M&S have retained their crowns as the UK’s fastest-growing supermarkets over the last 12 weeks. The news comes as the NIQ found total till sales at UK supermarkets saw continued growth of 6.6% Lidl’s sales grew 13.2%, while M&S jumped 11.6%, according to the last data from NIQ. in January.

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Aldi’s Kevin the Carrot returns with an easter makeover

Retail Gazette

Aldi’s beloved Kevin the Carrot character will return to the supermarket’s middle aisle next week with a festive Easter makeover. The discounter has released two limited edition Kevin soft toy collectibles, dressed in either a removable soft grey bunny suit or a boucle style lamb outfit.

Returns 113
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Lidl becomes the first supermarket to pilot its own bottle return scheme across an entire city, offering customers unlimited cash rewards

Retail Times

Lidl has become the first supermarket to roll out its own bottle return scheme trial. Launching today, shoppers in Glasgow can enjoy unlimited cash rewards in return for empty PET plastic and aluminium drinks containers via in-store reverse vending machines.