As the price of some fruit and meat comes down,Coles is betting on lower-priced home-brand products to stop customers from switching to the German discount supermarket.
Treasurer Jim Chalmers said the government would reform competition rules for supermarkets to drive down prices and address claims of market manipulation.
In an economic environment where cost-of-living pressures are high,retailers focused on keeping prices consistently low are winning favour with consumers.
Coles and Aldi have made their submissions to the Senate inquiry into supermarket prices,with the former arguing that price increases are coming from multiple fronts.
If we are to get to the bottom of whether price gouging contributes to obscene supermarket profits,a full investigation is needed.
The German discount supermarket chain is hoping price-conscious shoppers will flock to it this Christmas as it enjoys a jump in foot traffic and transaction volumes.
Supermarket giant Coles is banking on consumers heading out less this festive season and being laser-focused on their budget for Christmas dinner.
We ate all the supermarket party pies so that you don’t have to,just in time for pastry-based footy finals festivities.
A Dan Murphy’s outlet supported by an Aldi supermarket and five speciality retailers in Shepparton has been sold for $13 million.
Discount supermarket Aldi says cost of living pressures are pushing more shoppers in-store – and the company’s “Corner Store” model should help it pick up inner-city bargain hunters.
Twenty workers at Australia’s oldest chocolate company have been stood down as administrators urgently seek a buyer to save the business – for a second time.