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The Latest Breaking News from Coles

Discount class action fresh headache for grocery giants

Australia's two major supermarket chains say they will defend against class action lawsuits brought over allegations of misleading promotional price practices.

AAP

Coles and Woolworths buy big independents to help protect dominance, IGA says

Major supermarkets’ takeover strategy prevents smaller grocers from growing into stronger competitors, inquiry hears

The Guardian - AU

Coles & Woolworths Slapped With Class Action Lawsuit After Inquiry Into Misleading Discounts

“We estimate that the average Australian consumer could be eligible for a refund ranging between $200 and $1,300+, depending on their shopping habits and purchases at these retailers.”

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IGA talks shop over cheaper prices at supermarket probe

Bosses of the company supplying independent grocers say prices are consistently coming down, benefiting customers and their stores.

AAP

Better grocery competition in duopoly-free markets

German discounter Aldi believes grocery competition is stronger in markets that aren't dominated by two major players, like Australia's duopoly.

AAP

Coles unfairly targeted by ‘politicised’ attacks, chair says, while calling illusory discount allegations ‘significant’

James Graham defends alleged illusory discounts, saying suppliers had asked for higher prices and then supermarkets discounted them

The Guardian - AU

Man charged with murder after woman’s body found in Penrith hotel – as it happened

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The Guardian - AU

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Coles calls out 'politicisation' of cost of living

Politicians are unfairly attacking supermarket chains to provide answers to difficult questions about inflation, grocery giant Coles says.

AAP

The secretive world of Aldi Australia: which aisle makes the most money and other things we learned

Shoppers got a rare look inside the basket of the discount grocer at the ACCC inquiry into supermarkets

The Guardian - AU

Aldi banks on winning customers over opening new stores

The nearest supermarket rival to Coles and Woolworths says it's focused on trying to woo new customers rather than expanding its chain of Australian stores.

AAP

Coming clean: how much can you save on household cleaning products if you shop at Aldi or Bunnings?

Buying premium brands in bulk and avoiding mark-ups at major supermarkets can help circumvent the cost-of-living crisis

The Guardian - AU

Farmers fear being frozen out by supermarket giants

Produce growers face limited export opportunities, low bargaining power and high costs to supply Australian supermarket giants, an inquiry has heard.

AAP

'Frustrated, sceptical' consumers lose trust in grocers

Consumers doubt rising costs are totally to blame for higher grocery prices, as profits fall for manufacturers struggling to pass on surging costs.

AAP

Fears supermarket squeeze risks short-changing shoppers

Supermarkets could face fines or be broken up under an opposition plan to improve competition, but a business body says this could have unintended consequences.

AAP

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Newcastle Herald

Shopper discards send business owners off their trolley

As many as 15 trolleys can be found strewn across the footpath.

The Guardian - AU

Albanese pledges permanent free Tafe places – as it happened

All the day’s news as it unfolded

AAP

Electric prime movers finally rolling into Australia

More companies are swapping heavy-duty diesel trucks for electric prime movers, but industry experts say regulations still need to change to get more on roads.

AAP

Profit squeeze as supermarkets try to win back shoppers

Woolworths and Coles are ratcheting up discounts to win back shoppers dissatisfied with price rises in the sector, and taking a hit to profits in the process.

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AAP

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.

The Guardian - AU

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

AAP

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.

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