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The Latest Breaking News from Coles

Armaguard seeks new talks after $26m deal rejected

Armaguard is still keen to negotiate a cash injection from some of the nation's biggest banks and retailers after rejecting a $26 million deal.

AAP

Afternoon Update: Coles cuts cash withdrawals; Esther House survivors share stories; and can millennials unscrew themselves?

Potential collapse of physical money courier Armaguard sees supermarket reduce withdrawal limits

The Guardian - AU

Armaguard rejects deal, Coles resumes cash deliveries

Lindsay Fox's Linfox will pump millions of dollars into Armaguard, after concerns about the currency delivery business prompted Coles to pause cash orders.

AAP

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Australian supermarket veggie chip taste test: my notes on the aroma are ‘rancid oil’ and ‘farts’

From a sulfuric-smelling vegetable product to a surprise winner, Jess Ho ponders the definition of a chip – and crunches through nine grain, corn and ‘turtle’ specimens

The Guardian - AU

Plans to break up supermarkets 'deficient': Nationals

The Nationals say breaking up supermarkets to stop price gouging is important but they have preferenced a divestiture deal with the Liberals over the Greens.

AAP

Big business accused of protecting price gouging

Big corporations have been accused of waging a "war on divestiture" to protect their ability to price gouge and profiteer.

AAP

Easter toys recalled as chook, rabbit pose choking risk

Toys from a Coles Easter plush range have been recalled after a stitching fault was found to cause a choking hazard to children.

AAP

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Coles recalls Easter teddies over choking hazard

'Customers should ensure the toys are kept out of reach of children.'

Newcastle Herald

Product price hike fears over supermarket smash-up laws

An unlikely political alliance is stirring to push new laws that punish supermarkets for price gouging but the business lobby is warning of unintended outcomes.

AAP

Rising price of instant coffee a bitter blend

The weekly shop for groceries has grown unbearable for some households with the price of certain essential goods almost doubling at major grocers.

AAP

Worker sues Coles, alleging fall near chicken stand led to hip replacement

The fall allegedly occurred at Queanbeyan Coles on 2016.

The Canberra Times

Coles Staff Offered Gift Cards If They Accept ‘Insulting’ Pay Offer Instead Of, Perhaps, Money

Coles staff have called a pay rise from the supermarket giant "insulting", and say the company offered in-store gift cards if they accept it.

Pedestrian.tv

Coles pay offer labelled ‘insulting’ as staff say they can’t afford to shop at own workplace

One worker says she feels ‘disrespected’ by proposed agreement, which includes in-store gift cards if staff vote to accept

The Guardian - AU

Coles faces competitive pressure from online retailers

The head of one of Australia's two big supermarkets says the sector is becoming increasingly competitive and online retailers are part of the story.

AAP

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Pedestrian.tv

Coles And Woolies ‘Predatory’ Practices Have Finally Been Revealed In Senate Price Inquiry

The conduct of supermarkets has been dubbed "immoral" and "despicable" by community food providers, as the senate inquiry into supermarket prices gets underway.

AAP

'Unbalanced' duopoly impacting shoppers, farmers

The major supermarkets have offered "rock bottom" prices for purchasing produce because of their influence, farmers have told a parliamentary hearing.

AAP

Piggy politicians squeal for end to greedy grocers

Strutting through parliament as swindling swines, independent MPs Bob Katter and Andrew Wilkie have called on the government to break up the major supermarkets.

The Guardian - AU

Australian supermarket pesto taste test: ‘grassy and sandy’ celebrity sauce is bottom of the list

Which jars come closest to capturing the magic of the Genovese sauce? From ‘balanced and aromatic’ to ‘bewilderingly affordable’, these are the results of the great pesto testo

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AAP

Coles CEO defends making profit, says competition tough

Coles Group chief executive Leah Weckert says the supermarket chain earns less than $3 for every $100 spent in its stores, and its profit has dropped.

Newcastle Herald

Here's why there's certain fizzy drinks missing from supermarket shelves

Why Kooragang Island is at the epicentre of the issue.

AAP

Opposition moves to expand supermarket inquiry

The Queensland opposition will look to expand a supermarket inquiry to include electricity, transport, insurance and water.

AAP

'Do the right thing': PM's warning to Coles and Woolies

Coles and Woolworths have been put on notice, with Prime Minister Anthony Albanese warning public opinion could have a big impact on the supermarket giants.

AAP

Aussie firms fall short of global net zero standards

Large Australian corporations are failing to meet global best practice when it comes to reducing their carbon dioxide emissions, according to a new study.

The Guardian - AU

Ten of Australia’s top companies lack clear plans to stop using or supporting fossil fuels, report says

UTS researchers say firms including Coles, Woolworths, Telstra, Rio Tinto and Qantas have no ‘comprehensive, independently verified and fully costed plan’ to reduce emissions

Top News

Wesfarmers Reports 3% Jump in First-Half Profit

Discover how Wesfarmers, one of Australia's leading companies, experienced a 3% increase in first-half profit due to robust market demand.

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