New Woolies CEO drops prices, takes fight to Coles
Amid a cost-of-living crisis and political attacks on supermarket profit gouging, Woolworths says it will slash prices on almost 400 common grocery products.
Amid a cost-of-living crisis and political attacks on supermarket profit gouging, Woolworths says it will slash prices on almost 400 common grocery products.
Some people just weren’t made to gracefully retire, and Dan Murphy’s co-founder and wine merchant Tony Leon is not one for the golf course, so he’s back in the wine game with a new venture.
Super Retail, which has racked up headlines for an alleged illicit affair between its CEO and a former executive, has warned shareholders of weaker margins and a cost blow out.
JB Hi-Fi has booked solid but slowing sales growth, while Temple & Webster has reported an upbeat update.
Pub patrons are piling into their local for a beer and meal, but Endeavour has flagged that has come at a cost to retail sales growth for its bottle shops.
Jim Chalmers has promised action on productivity. Now, business leaders say Labor’s majority election win means it must deliver on that pledge.
Property developer Tim Gurner says work from home needs to end, despite public servants winning the ‘golden ticket’ to keep their flexible WFH lifestyles under Labor’s re-election.
As workplace gossip swelled, an alleged affair with the CEO conferred power to his exec lover, court documents released this week claim, and fostered a fear of speaking up.
The local boss of Cadbury says he has never witnessed supermarket price gouging in his 20 years in the business, and beating up the big retailers is ‘unhealthy’ for the industry.
Rio Tinto and BHP are big winners from the White House’s battle with China to seize control of critical minerals used in energy and military projects after the White House fast-tracked the duo’s Resolution copper project in Arizona.
Original URL: https://www.theaustralian.com.au/author/eli-greenblat/page/5