News
An open letter to Woolworths from Mullumbimby
Dear Mr. Strong
Re: Woolworths v. Mullumbimby ‐ a shareholder value & sustainability issue
As Chairman of Directors for Woolworths Limited, one of Australia’s biggest companies, you hold a most important position representing the interests of nearly 400,000 individual shareholders, many of them quintessential ‘mum and dad’ Australian investors.
Federal Government failing customers on grocery prices: Zumbo
With Australia consistently facing some of the highest levels of food inflation in the developed world and with Australian consumers paying more and more for a standard basket of grocery products, the Federal Government is failing consumers badly on grocery prices.
Law change to end shop dominance
The ACT Government will relax planning laws, in an attempt to break Coles and Woolworths' dominance in Canberra.
Chief Minister Jon Stanhope announced yesterday the next stage of the Government's overhaul of supermarket planning laws, flagging changes to the Territory Plan to allow new major supermarket providers in areas such as Kingston, Dickson and Gungahlin.
Supermarket Competition Policy Review: What will it mean?
The ACT Government is set to overhaul its Supermarket competition Policy following its acceptance of the recommendations of a Review conducted by Mr John Martin. In this article the former Commissioner of the Australian Competition and Consumer Commission (ACCC) explains to B2B the implications of the Review.
Defective bananas dumped in quest for perfection
OUR obsession with perfection is resulting in the destruction of one third of Queensland's banana crop, because the fruit is deemed too straight, too small or not yellow enough.
Each year 100,000 tonnes of bananas considered sub-standard are chopped up and spread over banana plantations as fertiliser. The major supermarkets, Woolworths and Coles, which buy 70 per cent of Australian bananas, reject fruit that is the wrong size, an imperfect shape or discoloured.
Time to break up duopoly
COLES' latest assault on its suppliers' viability is just one more example of what happens when the power of supermarkets is left unchecked.
For years, the ever increasing dominance of the Coles and Woolworths duopoly has seen their grip tighten inexorably on farmers and other suppliers.
Owner of Blockbuster DVD rental chain to meet Small Business Minster over supermarket discount war
The owner of the Blockbuster and EzyDVD retail chains, Paul Uniacke, will meet tomorrow with Federal Small Business Minster Craig Emerson to discuss allegations that supermarket giants Coles and Woolworths are using their market power to deeply discount DVD prices.