The Australian Competition and Consumer Commission called on egg industry participants last week to take heed of the recent Pirovic Enterprises Federal Court decision, in what appears to be a continuation of industry self-regulation. In September, the Federal Court handed down a $300,000 penalty against Pirovic after finding, by consent, that its ‘free range’ egg […]
ACCC urges egg industry to review free range claims 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 »
Woolworths Supermarkets’ recent announcement that they were reducing the price of their Homebrand white bread from $1 to 85c a loaf not only attracted widespread media attention, but prompted Coles and ALDI to match the price with their equivalent ‘store’s own’ white loaves. Will these ‘bread wars’ impact smaller specialist stores such as Bakers Delight?
Some hope for convenience and impulse stores that are losing in the bread war 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
On Thursday 18 September, Woolworths announced it had dropped the price of its Homebrand white to 85¢ per loaf. The following day Coles followed suit with its Smart Buy white bread and ALDI lowered its price on Saturday. Canberra-based Independent supermarket, Supabarn, has since entered the fray, pricing its bread at 80¢ a loaf. According
Supermarket bread wars Read More »
