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The Latest Breaking News from Coles

Coles CEO defends making profit, says competition tough

Coles Group chief executive Leah Weckert says the supermarket chain earns less than $3 for every $100 spent in its stores, and its profit has dropped.

AAP

Here's why there's certain fizzy drinks missing from supermarket shelves

Why Kooragang Island is at the epicentre of the issue.

Newcastle Herald

Opposition moves to expand supermarket inquiry

The Queensland opposition will look to expand a supermarket inquiry to include electricity, transport, insurance and water.

AAP

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'Do the right thing': PM's warning to Coles and Woolies

Coles and Woolworths have been put on notice, with Prime Minister Anthony Albanese warning public opinion could have a big impact on the supermarket giants.

AAP

Aussie firms fall short of global net zero standards

Large Australian corporations are failing to meet global best practice when it comes to reducing their carbon dioxide emissions, according to a new study.

AAP

Ten of Australia’s top companies lack clear plans to stop using or supporting fossil fuels, report says

UTS researchers say firms including Coles, Woolworths, Telstra, Rio Tinto and Qantas have no ‘comprehensive, independently verified and fully costed plan’ to reduce emissions

The Guardian - AU

Wesfarmers Reports 3% Jump in First-Half Profit

Discover how Wesfarmers, one of Australia's leading companies, experienced a 3% increase in first-half profit due to robust market demand.

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Australian supermarket chocolate gifts taste test: Aldi treats leave our experts ‘speechless’

For Valentine’s Day Tristan Lutze tries nine brands of gift-worthy chocolates to learn that elephants are not romantic – and desiccated coconut lingers forever

The Guardian - AU

Woolworths, Coles and Aldi to roll out soft plastics collection bins in 12 Melbourne stores

Supermarkets will ask customers to recycle scrunchable plastic food packaging for first time since REDcycle ended

The Guardian - AU

Your 5-Min Explainer On The Coles & Woolies Price Inquiry — And What It All Means For You

Coles and Woolworths have made their initial submissions to the Senate Inquiry Into Supermarket Prices, as the government works to tackle the seemingly endless increases to our grocery bills.

Pedestrian.tv

Coles blames farmers, suppliers for higher prices

Coles has told a parliamentary inquiry into supermarket prices the reason behind higher costs is due to price increase requests by farmers and suppliers.

AAP

Australians to have their say on supermarket prices

Shoppers and farmers are being encouraged to have their say about supermarket prices and how competition can be increased to lower the bill at the checkout.

AAP

REDcycle’s collapse and the hard truths on recycling soft plastics in Australia

Shoppers are still being incorrectly told they can return food packaging to supermarkets a year after the program ended. So is any soft plastic being recycled?

The Guardian - AU

ACCC to 'forensically' probe supermarket prices

The deputy chair of the consumer watchdog says the body will examine information on possible supermarket price gouging as part of a new inquiry.

AAP

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The Guardian - AU

Anthony Albanese announces year-long investigation into supermarket prices by ACCC

Prime minister says treasurer Jim Chalmers will direct competition watchdog to conduct 12-month price inquiry into supermarkets

Louder

"Big fan of their prawn sandwich, I must say": Status Quo have reworked Rockin' All Over The World as a "Saving All Over The Store" advert for M&S

Is nothing sacred, etc

Newcastle Herald

Private investor snaps up Huntlee Shopping Centre in $33 million deal

Coles accounts for 66 per of the centre's gross rent income.

The Guardian - AU

Australian supermarket potato chips taste test: the winner is ‘good enough to replace human company’

After sampling 35 packets of crisps, Nicholas Jordan has been through the thick and the thinly sliced

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news in one place.

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The Guardian - AU

Qantas tumbles down rankings of Australia’s best brands as Bunnings maintains top spot

Hardware chain tops Brand Finance rankings for strongest brand for third year in a row, with Woolworths, Telstra, Commonwealth Bank and Coles ranked the four most valuable brands

Pedestrian.tv

The PM Has Publicly Backed The ACCC In Possibly Suing Coles And Woolies Over Price Gouging

The government has said it will support the Australian Competition and Consumer Commission (ACCC) should it move forward and sue Woolworths and Coles over misleading prices. ACCC chair Gina Cass-Gottlieb said it was “carefully looking” at claims that some discounts the supermarkets offered could be considered deceptive conduct, with retailers allegedly increasing…

Newcastle Herald

URGENT RECALL: fears popular prune juice may contain alcohol

'Unintended fermentation' resulted in the 'presence of alcohol'.

The Guardian - AU

Albanese offers extra powers for ACCC to battle supermarket price gouging

Prime minister made comments after regulator suggested it could sue grocery giants for deceptive special discounts

Newcastle Herald

'You can't deny it': How a resurgence of public art breathes new life into old suburbs

'Art is like music; it should be something people have in their lives every day.'

The Guardian - AU

DP World port dispute: how damaging is this to Australia’s economy and will it push up prices?

Supply-chain delays can increase costs in a range of areas and experts say the impact could be significant

AAP

PM puts supermarket giants on notice over mega profits

Big companies running supermarkets have a responsibility to customers to not price gouge, the prime minister says, as the sector faces a review.

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