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Supermarket

Metcash slashes more jobs, shares slump to 14-year low

Struggling third-ranked supermarket company Metcash is proceeding with its second job-cutting program in two months as its shares hit a 14-year-low.

The job losses come after the country’s largest supermarket …
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Opinion: Supermarket giants are damaging small business in Australia

Do you remember as a kid going to the shops, being sent down there by your mum to pick up the milk, bread and meat? Talking to the butcher, with …
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Woolworths to axe 800 jobs as weak food, petrol lead to sales fall
5 years ago

Woolworths to axe 800 jobs as weak food, petrol lead to sales fall

Australia’s biggest retailer, Woolworths, has stood by its troubled hardware business Masters and flagged a “customer first” approach, after announcing a rare fall in quarterly sales and about 800 job …
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Costco welcomes a supermarket price war

The local boss of US retail giant Costco is more than ready for a price war if Woolworths launches a new battle for shoppers by slashing food and grocery prices.


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Metcash appoints former Lion CEO Rob Murray as chairman-elect

Former Lion Co and Nestle chief executive Rob Murray has been appointed chairman-elect at Metcash, strengthening the grocery wholesaler’s consumer goods expertise as it attempts to reverse a two-year slide in sales and earnings.


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Lion warns over looming supermarket price war

The single biggest supplier to the nation’s $90 billion grocery market, beer and dairy giant Lion, has warned it won’t swallow lower prices as part of any ­renewed price war …
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Woolworths urged to prepare for coming grocery price war
5 years ago

Woolworths urged to prepare for coming grocery price war

Woolworths has been urged to dump grocery price promotions such as Cheap Cheap in favour of deeper cuts to everyday prices and fewer, deeper weekly specials to limit the damage …
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Tougher approach needed to curtail Coles, Woolworths: Harper
5 years ago

Tougher approach needed to curtail Coles, Woolworths: Harper

The Harper review panel has ignored pleas from the nation’s biggest supermarket chains to abandon an “effects test”, instead arguing current misuse of market power laws are deficient and out …
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Woolworths tipped to lose supermarket price war against Coles and Aldi
5 years ago

Woolworths tipped to lose supermarket price war against Coles and Aldi

Options traders and short sellers are betting that Woolworths Ltd will end up the loser in a price war among Australia’s largest supermarkets.

Short interest in Woolworths is near …
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What’s Australia’s most valuable brand?
5 years ago

What’s Australia’s most valuable brand?

Australians love a rivalry, and in a market dominated by duopolies, we love watching companies trying to get the jump on their competitor.

Every year, brands spends tens of millions of …
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