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Woolworths and Coles drew consumer ire for cost-of-living pressures in 2024

Inside Retail

Woolworths and Coles, Australias supermarket goliaths, have gone from Covid-19 heroes to cost-of-living villains in the last two years. and a low point of $15.24, albeit edging close to the higher mark at years end. Through the course of the year, Woolworths increased revenue by more than $2 billion, to $50.74

Consumer 246
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ACCC urges 20 reforms to fix supermarket competition but says ‘no silver bullet’

Inside Retail

The Australian Competition and Consumer Commission (ACCC) has published its final report following a year-long inquiry into the countrys supermarket sector. The ACCC also found that suppliers pay a significant amount to Coles and Woolworths for promotions and ancillary services.

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What the class action against Coles and Woolworths means for ‘The Big Two’

Inside Retail

For Jim Ritchie, founder and strategy partner at branding agency US+US, the price drop class action and ACCC legal action against the Australian supermarket points to something much larger. “As The unspoken pact is clear: Give consumers what they want at a fair price, and we’ll tolerate the massive profits you rake in.”

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Coles targets shopping consciousness with AI-powered trolleys

Inside Retail

The trolley, dubbed Caper Cart, is a collaboration between Coles and US supermarket technology company Instacart, and it is scheduled to be trialled at Coles Richmond Traders in Melbourne early next year. The Coles Smart Trolley has an interactive digital screen that displays in-store specials and product aisle locations. “We

Shopping 244
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Stop & Shop Names Industry Vet as Chief Merchant

Retail TouchPoints

He originally joined the supermarket retailer in 2004 as a grocery buyer and category manager: Its a brand I know well and look forward to caring for in my new role. Nicholsons career also has included stints at Walmart, SuperValu and Winn-Dixie.

Shopping 265
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How Amazon plans to disrupt the grocery sector by merging choice and convenience

Inside Retail

However, at last week’s Delivering the Future event in Nashville, Tennessee, the retail giant announced major plans to combine choice and convenience for its customers. The way we see it: It’s still Day 1,” stated Tony Hoggett, senior vice president of worldwide grocery stores at Amazon. asked Varadarajan.

Planning 245
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Woolworths sees steady sales growth despite external volatility

Inside Retail

” In the food division, sales of long-life items were supported by promotional programs, while growth in fresh item sales improved due to lower prices on chilled items and stronger growth in meats. Woolworths added a net two new supermarkets to its network over the quarter, completed 12 renewals and closed one Metro store.