Woolies workers bag a four-day week
A significant agreement between the supermarket giant and the shop assistants union will lock in more flexible rostering practices across the retail sector.
A significant agreement between the supermarket giant and the shop assistants union will lock in more flexible rostering practices across the retail sector.
Woolworths boss Brad Banducci won’t be pursued for contempt or jail time, but that’s where the good news stops, as Senate inquiry recommends major crackdown.
Coles and Woolworths are setting unfair prices and abusing their market power to short-change suppliers at the detriment of consumers, according to a senate inquiry.
Coles and Woolworths are setting unfair prices and abusing their market power to short-change suppliers at the detriment of consumers, according to a senate inquiry.
An online community boasting tens of thousands of members is calling for a boycott of Coles and Woolworths – but not for the reason you think.
Based on the way the stock has traded since Woolworths sold its shares, it looks apparent that plenty of hedge funds have taken up stock in Endeavour Group.
Australia’s giant supermarkets – Woolworths and Coles – have been making money but not necessarily friends. JP Morgan sees trouble ahead, but UBS disagrees.
As shoppers tightened their belts, the grocery giant said it had experienced a “noticeable shift” in consumers’ behaviours since Christmas.
As shoppers tightened their belts, the grocery giant said it had experienced a “noticeable shift” in consumers’ behaviours since Christmas.
Outgoing Woolworths CEO Brad Banducci has made the rare admission that arch rival Coles had ‘out-traded’ the supermarket giant during the March quarter.
Stock markets are ‘disconnected’ as they remain at near record highs despite surging bond yields and the outlook for interest rates and geopolitics is starting to hit market sentiment, a top strategist warns as the Australian market has its worst two-day fall in six months.
A Senate inquiry has been told of allegations that Woolworths and Coles are desperate to protect their reputation, while gouging suppliers and customers.
The first confirmed sighting of Joel Cauchi was outside a Woolworths supermarket. What unfolded next.
A plant grower has told senators Bunnings needs to be included in a mandatory code of conduct, after the retail giant almost destroyed her marriage.
The Metcash boss of supermarkets says Woolworths and Coles buy up land, properties and shopping centres just to turf out tenanted independent supermarkets.
A plant grower has told senators Bunnings needs to be included in a mandatory code of conduct, after the retail giant almost destroyed her marriage.
As US inflation proves even stickier than expected it’s increasingly likely the Fed won’t cut interest rates any time soon | Also today: ASX 200 trims sharp falls, Star down.
Executives from Aldi and IGA will be the first supermarket bosses to appear before a Senate inquiry into grocery prices.
Next week will be ‘super Tuesday’ for the supermarkets sector, when Woolworths boss Brad Banducci and Coles CEO Leah Weckert will face a grilling from the Greens-led Senate inquiry into the industry.
Collins St Asset Management says a valuation gap with gold miners is set to close rapidly, potentially within months. Also today: EY prepares to announce layoffs. RBNZ holds rates. Dubber sacks CEO.
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