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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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Choice taken to task for wasting government funding on supermarket data report

Inside Retail

million in government funding on its recently published supermarket data, which priced a basket of just 14 items to determine the nation’s cheapest grocer. ” In the report, Choice said it visited 104 supermarkets nationwide and took note of the prices of 14 common grocery items. .

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Save A Lot Creates Test-and-Learn Colorado Supermarket Catering to Hispanic Shoppers

Retail TouchPoints

Save A Lot has partnered with Leevers Supermarkets to launch Ahorra Mucho , a new discount grocery store and innovation center in Aurora, Colo. The supermarket also will feature a broader assortment of fresh produce and an in-house bakery. Leevers Supermarkets has long embraced the Hispanic community by tailoring signage and products.

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Supermarket inquiry recommends laws against price gouging, land banking

Inside Retail

Supermarkets would be prohibited from price gouging and face stricter rules on land banking, should the government adopt the recommendations of the Senate Select Committee on Supermarket Prices. The committee noted that it heard unfair trading practices arising from the so-called supermarket duopoly of Coles and Woolworths.

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Majority of Australians blame supermarkets for cost of living crisis

Inside Retail

A majority of Australians blame supermarkets, at least in part, for the rising cost of living in the country, a survey shows. The Australia Institute’s Carmichael Centre/Centre for Future Work surveyed 1014 participants and found that 83 per cent largely or somehow blame supermarkets for inflation.

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Heavy fines proposed for anti-competitive supermarket practices

Inside Retail

Treasurer Jim Chalmers expressed support for the independent review of the Food and Grocery Code of Conduct, proposing a mandatory code which – if adopted – will result in multi-million dollar penalties for supermarkets and suppliers who engage in anticompetitive practices. “This is all about a fair go for farmers and families.

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Coles’ revenue rises on higher supermarket, liquor sales

Inside Retail

Supermarket chain Coles booked higher revenue in the fiscal first half, thanks to a sales increase across all segments. billion as supermarket revenue went up 4.9 billion as supermarket revenue went up 4.9 The post Coles’ revenue rises on higher supermarket, liquor sales appeared first on Inside Retail Australia.