With some dairy suppliers signing on to supply Coles and Woolworths private label $1.00 milk, despite growing Asia export demand for milk products, Saputo International chief executive Lino Saputo Jnr has slammed Australia’s supermarket duopoly for selling milk cheaper than water. At a Rabobank leadership dinner in Sydney, Mr Saputo said that he found the […]
Saputo chief slams chains for “cheaper than water” milk Read More »
Caltex Australia acknowledged last week the EPA proceedings regarding the 2013 incident at its Banksmeadow terminal and said that it undertook an extensive investigation following a leak from a petrol tank at its Banksmeadow (NSW) terminal in July 2013 into secondary containment. Caltex Australia said that although there was no harm to the environment, Caltex
Caltex responds to NSW EPA proceedings, faces $2 million fine Read More »
The popularity of the Fair Work Ombudsman’s self-help online pay tool, PayCheck Plus, has hit an all-time high, with almost 900,000 visits so far this year. The use of PayCheck Plus increased by almost 23% in the nine months to the end of September, compared to the same time last year. PayCheck Plus is available
Self help option on wages proves popular Read More »
The Australian Competition and Consumer Commission today instituted proceedings in the Federal Court of Australia against Coles Supermarkets Australia Pty Ltd and Grocery Holdings Pty Ltd (together, Coles) alleging that Coles engaged in unconscionable conduct in contravention of the Australian Consumer Law (ACL). The ACCC is alleging that Coles took advantage of its superior bargaining
ACCC alleges unconscionable conduct towards suppliers by Coles Read More »
NCR Corporation has announced that it is upgrading Coles Supermarkets’ NCR FastLane SelfServ™ Checkout lanes with NCR Note Recycling capability. The Note Recycling solution will assist Coles to lower cash floats and reduce replenishment cycles as it recycles cash notes accepted in self-checkout machines, dispensing them as change in subsequent transactions. In addition, the Note
Note recycling to enhance efficiency at Coles Read More »
The Westpac-Melbourne Institute Index of Consumer Sentiment Consumer (released yesterday) shows consumer sentiment has recovered slightly but remains below expectations with households reluctant to spend in the light of lingering economic concern two months after an unpopular federal budget. The Index showed a 1.9% increase, from 93.2 in June to 94.9 in July, and revealed
Consumer confidence remains below expectations Read More »
Retail groups have called for immediate action by all Australian governments after a new Productivity Commission report released last Friday found that – while largely market driven – retailers’ costs are being inflated by ‘red tape’, such as trading hours restrictions, planning and zoning regulations and occupancy costs. Productivity Commissioner Patricia Scott said that the
Costs inflated by red tape: Productivity Commission report Read More »
Red Bull has agreed to pay $US13 million ($A14.76 million) to settle a class action lawsuit over alleged false advertising of its energy drinks. A statement provided to C&I by Red Bull Australia notes that “Red Bull settled this lawsuit to avoid the unpredictability and exorbitant costs of litigating in the USA. Red Bull’s marketing
Red Bulls wings clipped in $US13 million settlement Read More »
Next week 13 previously casual workers at the Woolworths supermarket warehouse in Yennora will become permanent employees after fighting for greater job security and certainty in working hours and entitlements. The National Union of Workers helped the 13 casual positions become permanent through a Memorandum of Understanding with the company. According to Mark Ptolemy of
Union helps Woolworths casuals become permanent Read More »
Job worries, rising unemployment and falling real wages have put retail sales on a slowing growth pattern before the expected Christmas spending pick up, while peak industry body the Australian Retailers Association remains hopeful that September figures will continue to highlight positive growth. ARA executive director Russell Zimmerman said retailers enjoyed only a small increase
Food sales growth flattens, retail needs Government, RBA support Read More »
Following the Fair Work Ombudsman’s August call to national supermarket chains and shopping centres, Coles is the first major chain to publicly declare it has an “ethical and moral responsibility” to join with the Ombudsman and stamp out exploitation of vulnerable trolley collectors. Some trolley collectors are being paid as little as $5 an hour,
Fair Work Ombudsman helps Coles end exploitation of trolley collectors Read More »
Supermarket giant Coles was banned for three years from advertising that its bread was made or baked on the day it was sold and will have to hang signs in stores admitting that it passed off par-baked bread as freshly baked. Coles, which faces penalties of up to $3 million, was ordered by the Federal
The Harper Review’s Draft Report on reviewing Australia’s competition policy has recommended changes to section 46 governing the misuse of market power by focusing on protecting competition and not competitors, which would restrict the ability of major companies such as Coles and Woolworths to force out smaller competitors if their business decisions had the ‘effect’
Competition policy boost for SME retailers, more retail trading deregulation Read More »
