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The Latest Breaking News from Coles

ACCC finds Australia’s supermarkets are among the world’s most profitable – but doesn’t accuse them of price gouging

Australia’s supermarket sector has endured a long, uncomfortable moment in the spotlight. There have been six comprehensive inquiries into its conduct, pricing practices, and specifically claims of “price gouging”, over the past 18 months.

The Conversation

Aldi’s expanding profit margins mightn’t sit well with fans

ACCC finds the German ‘hard discounter’ has, like Coles and Woolworths, lifted post-pandemic margins to shoppers’ detriment

The Guardian - AU

Supermarkets Coles & Woolworths Have ‘Limited Incentive’ To Compete On Price, ACCC Finds

“We don't want the supermarkets to be treating Australians like mugs.”

Pedestrian.tv

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Police investigating alleged online threats to third Sydney mosque – as it happened

Follow today’s news live

The Guardian - AU

Coles, Woolies guilty of increasing margins: watchdog

Treasurer Jim Chalmers promised a crackdown on major supermarkets following a consumer watchdog report, but warned breaking them up would be counterproductive.

AAP

ACCC urges reform as Coles and Woolworths named among ‘most profitable’ supermarkets in world

A 441-page report calls for 20 recommendations, including greater transparency around prices, special offers and ‘shrinkflation’

The Guardian - AU

‘Equally good untoasted’: Coles and Aldi top Australian supermarket hot cross bun taste test

In a blind taste test, judges found a ‘luscious’ chocolate bun came out on top, while gluten-free options are ‘much better than they used to be’

The Guardian - AU

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Australian supermarket sliced salami taste test: ‘Even my nine-year-old wouldn’t eat this’

From ‘funky and rich’ to the texture of ‘wet paper’, salamis ranged from solid sandwich fillers to pretty enough for a platter. Nicholas Jordan reveals which meats made the cut

The Guardian - AU

Curd surge: TikTok recipes drive a national cottage cheese shortage

High in protein, low in fat, the dairy product has seen a resurgence on social media as a core ingredient in dips, ice-cream and oven-baked crisps

The Guardian - AU

Coles suppliers told to pay for own freight costs to get products stocked

Exclusive: Coles says plan ‘benefits suppliers’ but senator Nick McKim calls move ‘blatant abuse of power’ that will ‘hit smaller suppliers hardest’

The Guardian - AU

NSW honey packer says Coles is hurting small producers in its push for profits

Exclusive: For small Australian food brands, supermarket giant’s move to ‘simplify’ its range could be devastating – and unfair

The Guardian - AU

Australian shares rise after strong earnings reports

The ASX200 has finished up 0.3 per cent following better-than-expected earnings from Coles, Qantas, Medibank Private, Ramsay Health Care and Eagers Automotive.

AAP

Coles gains on Woolies, grabs sales during rival's woes

Coles estimates it scored $120 million in extra sales during a 17-day strike by Woolworths workers, as it announces superior sales growth than its big rival.

AAP

Farmers Warn Of Egg Shortage As Bird Flu Found In Third Aussie Farm

A third property in Australia has been discovered with bird flu which may lead to a prolonged egg shortage crisis, according to farmers.

Pedestrian.tv

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The Guardian - AU

ACCC boss still ‘very concerned’ about supermarket pricing practices

Gina Cass-Gottlieb says tougher regulations may be needed to deal with complaints raised by shoppers and suppliers

AAP

From farm to table, less food is being wasted: report

With nearly 3.5 million Australians going hungry, the fight against food waste is gaining ground as more than 15,000 tonnes saved in three years.

The Conversation

As Coles slashes its product range, will well-known brands disappear from supermarket shelves?

Coles is reducing its product range by at least 10%, a move that has sparked public backlash and renewed discussions about the role of supermarkets in the cost-of-living crisis.

The Guardian - AU

Morning Mail: Trump claims ‘everybody loves’ his Gaza plan, Kerr ‘terrified’ in taxi, Coles cuts products

US president doubles down on controversial idea to seize Gaza; Matildas star says skin colour was a factor in her treatment

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news in one place.

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The Guardian - AU

About 2,500 products will disappear from Coles shelves soon. Here’s what we know

Decision means about 10% of supermarket’s total range will be slashed in a bid to lessen ‘duplication’, with salt and haircare in the crosshairs

The Guardian - AU

Australian supermarket corn chip taste test: ‘Salsa is not required – but electrolytes are’

Jess Ho mindlessly shovels through 10 very different permutations of corn, oil and salt to get to the kernel of what makes a top chip

The Guardian - AU

Australia’s egg shortage: why are consumers still scrambling six months after the bird flu outbreaks?

High seasonal demand and caged eggs being phased out have been cited as factors contributing to the supermarket shortage

Pedestrian.tv

We Blind-Tasted Muddy Boys From Coles & Woolies To Finally Put That Argument To Bed

And that's final.

The Guardian - AU

Woolworths selling downsized Brut deodorant for more than double unit cost of old product

Consumer advocates call for more transparency around ‘shrinkflation’ as supermarkets continue to defend against price-gouging allegations

Pedestrian.tv

What’s Open On The January Long Weekend? Woolworths, Coles, Liquor Stores & Banks

Plan ahead 'cos some businesses are shutting shop.

AAP

Knives should be locked up in retailers, union says

A union is calling for all retailers to keep knives under lock and key after a supermarket worker was allegedly stabbed by a teenager.

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