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Woolworths Group’s supermarkets MD resigns

Inside Retail

Woolworths Group said that Natalie Davis has resigned as MD of its supermarket division, effective at the end of September. Davis is leaving to pursue an opportunity at Ramsay Health Care after serving Woolworths for more than nine years. ” The company has already commenced a search for Davis’ successor. .

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Record retail theft puts pressure on Australian supermarkets

Inside Retail

That may impact profit at Woolworths and Coles, which together ring up two-thirds of Australian grocery sales and noted rising store theft in trading updates last month. “Supermarkets operate on very thin profit margins. . “Supermarkets operate on very thin profit margins. Woolworths and Coles declined to comment.

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Online only supermarket Geezy Go launches in Sydney

Inside Retail

New on-demand food and grocery service Geezy Go has launched a digital supermarket serving Sydney, aiming to compete with Woolworths and Coles. . The online supermarket offers an under 20-minute delivery service, promising products priced similar to or lower than its rivals. “At the moment we have a 99.7-per-cent

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LaManna’s CEO on curating a personalised supermarket experience for the holidays

Inside Retail

LaManna, the 10,000sqm independent supermarket located at Essendon Fields, is rising to the Christmas occasion. Inside Retail : How has LaManna differentiated its holiday season offering from other supermarkets? IR : What are some returning best-selling products from past years, and whats new this year?

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Is this the end of Australia’s supermarket duopoly?

Inside Retail

The allegations of price-gouging during a cost-of-living crisis by Australian supermarkets Coles and Woolworths could finally be the death knell of the duopoly that has long dominated the country’s grocery sector. In December last year, the Senate announced an inquiry into the price-setting practices and market power of major supermarkets.

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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.

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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.