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The Latest Breaking News from Woolworths

Psychological tricks behind supermarket discounts

Marketing experts say supermarkets are hitting on a human bias to buy with little thought when presented with apparent discounts.

AAP

Australian supermarket pre-popped popcorn taste test: ‘Very addictive … I wouldn’t eat these publicly’

From a packet that would light up a boring work party to another that smells ‘like butter cultured in a jockstrap’, Nicholas Jordan grabs the popcorn – and is not entertained

The Guardian - AU

Phantom brands, ‘seasonal’ discounts and shrinkflation: the pricing tricks used by Australian supermarkets

Coles and Woolworths are accused of inflating prices – but those aren’t the only tactics hurting shoppers

The Guardian - AU

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Redditor Seemingly Catches Woolworths Red-Handed With ‘Discount’ Tag Higher Than Regular Price

One Aussie Reddit user has apparently caught Woolworths red-handed with a price tag that doesn't match the discounted tag.

Pedestrian.tv

Aussie shares edge lower after RBA keeps rates on hold

The ASX200 fell 0.1 per cent, with fashion retailer Cettire soaring and uranium developers continuing to rise, while supermarkets were down for a second day.

AAP

'Get your act together': PM calls out supermarkets

Coles and Woolworths have been told to start acting in the interests of Australians after the consumer watchdog accused them of misleading customers.

AAP

How ‘was/is’ pricing works – and why it’s landed Coles and Woolworths in court

Competition watchdog has accused supermarket giants of breaching consumer laws with alleged ‘price spike’ practices

The Guardian - AU

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Afternoon Update: grocery giants sued over ‘illusory’ discounts; new Socceroos coach; and abducted toddler found after 73 years

Anthony Albanese says if the allegations are found to be true it would be ‘completely unacceptable’ behaviour by the supermarkets

The Guardian - AU

Woolworths and Coles sued by ACCC for allegedly misleading shoppers over the price of more than 500 products

At a time most people are trying to cut their weekly grocery bills, Australia’s supermarket giants have been hit with legal action for allegedly misleading shoppers over the price of hundreds of products.

The Conversation

Anthony Albanese Backs ACCC’s Allegations Against Coles & Woolworths: ‘Completely Unacceptable’

Prime Minister Anthony Albanese has spoken out against Coles and Woolworths alleged business practises following the ACCC's announcement.

Pedestrian.tv

Streak snapped as Aussie shares slip from record levels

The ASX has had its seven-day winning streak broken, dropping 0.7 per cent after setting several record highs last week.

AAP

The ACCC Is Taking Woolies & Coles To Court Over Price Gouging Allegations

Down, down, the supermarket giants are going down.

Pedestrian.tv

AFL stars walk Brownlow medal red carpet – as it happened

This blog is now closed

The Guardian - AU

Coles and Woolworths head down, down to federal court

The consumer watchdog is taking Coles and Woolworths to court amid allegations the retailers allegedly artificially increased prices on hundreds of goods.

AAP

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AAP

Shareholders test Coles, Woolies over extinction threat

Australia's supermarket duopoly is facing a double-barrelled shareholder challenge over fish farming threats to an ancient, imperilled species.

Newcastle Herald

Woolworths lodges plans to transform old Bunnings Belmont site

It was almost a German supermarket, now a new player is eyeing it off.

The Guardian - AU

Australian supermarket choc-chip biscuit taste test: the best is ‘odd’, the worst ‘smells like play-dough’

In tasting 13 shelf-stable chocolate-chip biscuits, Nicholas Jordan learns that sometimes mediocrity can – and must – suffice

The Conversation

Paying with your face: what will convince consumers to use facial recognition payment technology?

You have probably opened your smartphone using your face. If you have travelled internationally, you have used your face to exit and enter the country. You may have even scanned your face to “verify” your online dating profile. But are you willing to use your face to pay for your…

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The Conversation

The Greens want a super-profits tax. Labor and business used to like the idea too

When the Greens proposed an extra super-profits tax on the excessive part of really excessive profits last week, business and the government acted as if the sky was about to fall in.

AAP

Banned shoplifter's wee act caused 'public alarm'

A man who urinated over $300 of raw meat at Woolworths had already been banned from the supermarket chain because of a shoplifting incident weeks before.

AAP

Woolies registers big profit discount, says prices down

Sales are up at Woolworths but writedowns on its New Zealand stores and drinks business have a taken a huge slice out of its $1.7 billion operating profit.

The Guardian - AU

Australians should be angry about Coles’ latest billion-dollar profit. But don’t blame the cost of living

Politicians will declare war on ‘cost of living’ and pundits will argue about inflation. The real point is the profits come at workers’ expenses

AAP

Aussie shares dip slightly, ending 10-day win streak

The ASX200 has finished three points lower, just enough to snap its longest winning streak since early-2015.

AAP

Woolies trims chicken deal but Inghams says it's paltry

A rise in supermarket sales offset less consumers buying fast-food chicken but poultry giant Inghams has revealed its biggest customer has now cut its orders.

AAP

Free land offer to lure new supermarkets to open in NT

Free land and major project status are being promised to a new supermarket chain by the NT government to help increase competition and drive down prices.

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