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The Latest Breaking News from Coles

Local shares down to round out worst month since April

The ASX200 has finished Thursday down 0.3 per cent to record its biggest monthly drop since April, with supermarkets Woolworths and Coles leading the fall.

AAP

Aussies willing to visit eight shops for groceries

The cost-of-living crunch is motivating more Aussies to shop around but it hasn't halted Coles sales growth, up 2.9 per cent in the first quarter.

AAP

Woolworths profits down as cost of living hits shoppers

Profits at Australia's biggest supermarket giant have taken a hit as cash-strapped shoppers search the aisles for cheaper options and Woolworths shares slump.

AAP

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Woolworths profits hit as cost-of-living squeeze pushes Australians to cheaper products

Supermarket chain’s slowdown comes as competition watchdog accuses retailer of ‘illusory’ discounts on hundreds of items

The Guardian - AU

Afternoon Update: supermarkets blame others in fake discounts case; Pelicot to testify in French mass rape trial; and a chocolate taste test

ACCC lodges fresh legal documents showing more than 250 items which it alleges had prices briefly raised before being ‘discounted’

The Guardian - AU

Woolworths and Coles blame suppliers and ‘outbreak of high inflation’ in fake discounts case

Supermarket giants appear in federal court in Melbourne for first time since ACCC launched action over alleged price increases and discount deals

The Guardian - AU

Coles, Woolies call price check on ACCC discount claim

Supermarket giants Coles and Woolworths will fight the consumer watchdog over accusations of dodgy "price drop" campaigns.

AAP

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Cockatoo ‘living on brioche’ inside Sydney supermarket rescued after four weeks

‘Mickey is everyone in Sydney’s spirit animal at the moment, eating free food,’ New South Wales premier Chris Minns said

The Independent UK

The Cockatoo Who Lived In A Sydney Coles For 4 Weeks Feasting On Brioche & Is Finally Free

Mickey the Cockatoo is Sydney's newest celebrity. He's been trapped in a Coles for 4 weeks, and needs to be freed. He loves eating brioche.

Pedestrian.tv

Cockatoo rescued after ‘living on brioche’ for four weeks inside Sydney supermarket

NSW environment minister hopes ‘Mickey will be flying free by tomorrow’ after successful capture by wildlife services

The Guardian - AU

Supermarkets blamed most for cost-of-living woes

A new report reveals Australians lay the blame for the rising cost of living at the feet of supermarkets.

AAP

Supermarkets tight-lipped on Tim Tam price discrepancy

Australia's major supermarkets say their suppliers are being hit by inflation which is trickling through to prices at the checkout.

AAP

Aussie classics Vegemite and Tim Tams cheaper in UK supermarkets than Australia

Vegemite sells for 30 cents more per 100g in Australia, a salty byproduct of lower supermarket competition sure to leave a bad taste

The Guardian - AU

How too many hoops to jump through risks driving away dedicated volunteers

Letters: 'It's occurring in many volunteering services'

Newcastle Herald

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AAP

Woolworths lands apartment tower deal for prime site

A vacant inner-city site bought by Woolworths' development arm in 2020 will become a multi-storey apartment complex anchored by the supermarket.

AAP

Rising grocery prices makes feeding kids a challenge

Australian shoppers say it has become harder to provide kids with nutritious food and it's time for the government to crack down on supermarkets.

The Conversation

‘Shrinkflation’ is the Albanese government’s next target to protect supermarket shoppers

The Albanese government will tackle “shrinkflation” in supermarkets and potentially other parts of the retail sector.

Pedestrian.tv

Coles Responds To Viral TikToks Where An Employee Appears To Add ‘Yuge Mark Ups On Products

"Rip dude risked his job for this."

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AAP

Expert rejects supermarket land banking concerns

A retail expert says it's "not unreasonable" for supermarkets to spend years developing sites for stores, as the government moves to crack down on land banking.

The Guardian - AU

Assange says he is free because he ‘pled guilty to journalism’ – as it happened

This blog is now closed

Newcastle Herald

Newcastle's 'entertainment' credentials are open to interpretation

'It can mean different things to different people.'

The Conversation

Government moves to tighten planning rules to stop land banking and boost supermarket competition

The Albanese government, in a fresh strike against the supermarkets, has announced it will work with the states to reform regulations to help boost competition by opening more sites for new stores.

AAP

Supermarket scrutiny turns attention to winemakers

Australian winemakers say big supermarkets are leaving them hanging as a new report flags drinkers want better transparency.

The Guardian - AU

Coles and Woolworths are in hot water with the regulator. What happens now?

If ‘was/is’ pricing was the thought bubble of people in marketing, a lawyer says, the supermarket duo might be in for some trouble

The Conversation

‘Concerning’: ACCC interim report on supermarket inquiry tells of supplier woes and ‘oligopolistic’ market

It hasn’t been a good week for Coles and Woolworths. On Monday, the Australian Competition and Consumer Commission (the national competition regulator or ACCC) announced it was taking legal action against the big supermarkets over alleged misleading pricing claims.

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