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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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Supermarket advertising with POP marketing

Tokinomo

When you walk into the supermarket, what makes you choose a bottle of pasta sauce over another one? It's not just the priceā€”it's the marketing. Marketing is how brands convince us that their pasta sauce tastes better, or that their cereal is healthier than all the others. Or a box of cereal over another brand?

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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 ā€“ if adopted ā€“ 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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Is this the end of Australiaā€™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 countryā€™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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The new Tiktok challenge waging war on the major supermarketsā€™ pricing

Inside Retail

Independent Queensland grocer Skippys Fresh Frootz has garnered attention on social media for its videos highlighting its low prices at a time when Australiaā€™s major supermarkets are facing scrutiny for their lack of transparency in their price-setting practices. Bunnings is now back in first place.

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What Coles and Woolworths chiefs told the supermarket pricing inquiryĀ 

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,ā€ she explained.

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ACCC to conduct enquiry on Australian supermarketsā€™ pricing and competition

Inside Retail

The pricing practices of Australia’s supermarket near-duopoly are about to the the focus of a year-long enquiry by the government’s competition regulator, the Australian Competition and Consumer Commission (ACCC). The ACCC will examine competition in the supermarket sector and how it has evolved since the previous inquiry in 2008.