Skip to navigationSkip to contentSkip to footerHelp using this website - Accessibility statement
Advertisement

Shopping

This Month

Greens senator Nick McKim was looking for a scalp on Tuesday, and outgoing Woolies boss Brad Banducci had nowhere to hide.

After Woolies brawls, Coles busts supermarket profit myths

Political theatre and business bashing won’t deliver a magic bullet for bringing down grocery prices - because there isn’t one.

  • Updated
  • James Thomson
The supermarket sector is under scrutiny from all sides.

We’re still waiting for the silver bullet for grocery prices

Cost of living pressures may have led to the current rush of grocery inquiries, but we’re no closer to finding the solution.

  • James Thomson
Respected economist Craig Emerson has recommended big fines for supermarkets that break a new mandatory code of conduct.

Emerson rejects ‘populist’ supermarket break-up call

An independent review has rejected the forced break-up of Coles and Woolworths, finding the ideas backed by the Coalition and Greens lacked “credibility”.

  • Ronald Mizen
Meta glasses

Meta’s smart glasses are becoming AI. We took them for a spin

What happens when a columnist and a reporter use AI glasses to scan groceries, monuments and zoo animals? Hilarity, wonder and lots of mistakes.

  • Brian X. Chen and Mike Isaac

March

Rosehip oil is among Kiwi beauty brand Essano’s best-selling products. 

Vitality Brands snaps up PE-owned beauty business Essano

Vitality Brands, best known for selling Australia’s No.1 sunscreen under the Cancer Council brand, has agreed terms to acquire Kiwi natural beauty player Essano.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
Advertisement
Prime Minister Anthony Albanese has ruled out any move to break up the supermarket giants.

Greens push supermarket break-up powers

Despite Anthony Albanese ruling out any move to break up the big grocery chains, the Greens want the competition watchdog to get new divestiture powers.

  • Tom McIlroy and Ronald Mizen
Shoppers have had to reduce their purchases to deal with cost-of-living pressures.

Loyalty schemes are not what they seem, consumer groups warn

A Senate inquiry into the pricing practices and market share of companies including Coles and Woolworths has heard customers cannot properly assess changing specials.

  • Tom McIlroy
Leah Weckert  says sctunity needs to be accompanied by facts.

Why Coles will put some cost-of-living heat back on suppliers

Leah Weckert says Coles worked with suppliers when their costs were soaring. Now inflation is coming down, the conversation needs to change. 

  • James Thomson
A surprise lift in inflation will force the Reserve Bank board to consider another interest rate rise as early as next week.

Supermarkets could cause family farms to vanish in 10 years: suppliers

Growers have told a Senate committee into supermarket pricing that the loss of small farmers will eventually threaten Australia’s food security.

  • Tom McIlroy
Bunnings takes out top spot as most trusted brand over Woolworths in 2023.

Bunnings unseats Woolworths as most trusted brand

The hardware giant replaces the nation’s largest grocery chain as the most trusted brand in 2023 after a three-year hiatus.

  • Carrie LaFrenz
Farmers are being made to cut their prices to fund supermarket specials.

Farmers fear ‘commercial retribution’ in supermarket contracts

Fruit and vegetable producers who speak out about aggressive behaviour from supermarkets risk “retribution”, the first day of a Senate inquiry is told.

  • Tom McIlroy and Ronald Mizen

February

Guzman y Gomez co-chief executives Hilton Brett and Steven Marks.

Guzman y Gomez pushes back IPO plans as losses widen

The Mexican-themed restaurant chain is backed by Barrenjoey and TDM Growth Partners. Global sales soared 30 per cent in the first half of the financial year.

  • Carrie LaFrenz and Primrose Riordan
KMD Brands CEO Michael Daly says group sales will fall by 14.5 per cent in the first half.

KMD shares crumble to all-time low as weather wreaks havoc on sales

Unseasonably warm weather hurt sales of puffer jackets at Kathmandu, compounding an already weak consumer environment.

  • Carrie LaFrenz
Woolworths CEO Brad Banducci has been at the helm for eight years.

Woolies CEO says shoppers want ‘value’ not ‘broader conversations’

After a bruising political bunfight over Australia Day merchandise, the Woolworths boss says shoppers want the retail giant to “focus on delivering value”.

  • Carrie LaFrenz and Jemima Whyte
Wesfarmers CEO Rob Scott says at current spodumene prices, the operation will not contribute positive earnings in 2024 due to higher cost of production while volumes ramp up.

Wesfarmers won’t make money off lithium at current prices

CEO Rob Scott concedes the group won’t make money off lithium at current prices, but says longer term it can deliver good returns to shareholders.

  • Updated
  • Carrie LaFrenz and Brad Thompson
Advertisement
The Stanley tumbler may already have passed peak hype.

What is a Stanley cup and why are people going crazy for them?

Stanley mania is a story of how marketing, influencers and the power of social media converged to produce a cultural phenomenon.

  • Hiroko Tabuchi
Supermarkets are being scrutinised for their price setting practices.

Limit supermarket mark-ups to ease price pressure, government told

New forced divestiture powers targeting supermarket giants Coles and Woolworths should be urgently considered by federal parliament, the outspoken crossbencher says.

  • Tom McIlroy and Cindy Yin
Melbourne florist Kellee Pham is hoping for a boost in sales on Valentine’s Day.

Why you won’t be getting a fancy St Valentine’s bouquet this year

Australians are expected to spend $20 million less on flowers on the day of romance this year, but florist Kellee Pham hopes consumer confidence bounces back.

  • Gus McCubbing
Coles said in 2023 the average Australian household spent around 10 per cent of its income on food and groceries.

Supermarkets point to surging supplier requests for higher shelf prices

Coles received more than 70 requests per week on average over the past two years – double the level of supplier requests in 2021.

  • Updated
  • Carrie LaFrenz
McNab Orchards have been growing fruit for over 100 years in Ardmona, Victoria

Growers lash out at Coles, Woolworths for ‘predatory’ prices

Fruit Growers Victoria says supermarkets wield so much pricing power that they are forcing growers to sell below the cost of production.

  • Carrie LaFrenz