ACCC sues Coles and Woolworths over allegations of ‘illusory’ discounts on common products

Competition watchdog alleges supermarkets briefly increased prices on hundreds of products before placing them in discount promotions

The competition regulator is suing Coles and Woolworths over allegations they misled shoppers by engaging in “illusory” discounts on hundreds of common supermarket products.

The Australian Competition and Consumer Commission (ACCC) claimed on Monday that the major chains derived significant revenue from the sale of tens of millions of products sold through promotions that the regulator says breached consumer law.

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UK’s ‘not for EU’ meat and dairy labelling plan postponed indefinitely

Policy devised under Conservatives will be reviewed after warnings of chaos for producers and suppliers

Government plans to force food manufacturers to put “not for EU” labels on all meat and dairy products sold across Britain next month have been indefinitely postponed after warnings that the scheme could cause “chaos” for producers and suppliers.

The government will instead review the policy, which was devised under the Conservative administration. Legislation to implement the changes has yet to be brought in.

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Aldi says a basket of its goods is cheaper than a year ago as it cuts prices

Supermarket has come under pressure as rivals such as Tesco and Sainsbury’s have promised to match its prices

Aldi has said the price of a basket of its goods is lower than a year ago despite ongoing grocery inflation, as the discount chain tries to fight back against increasing pressure from rivals’ price-matching schemes.

The German-owned budget retailer said a slowdown in growth this year – sales are rising by just 0.5% compared with 16% last year – was partly caused by a decision to cut prices as big chains including Tesco and Sainsbury’s have won back customers by promising to match Aldi on key items.

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Drinking wine to 5: Dolly Parton launches prosecco and rosé range in UK

Country music star’s ‘down to earth’ range at Asda goes head to head with Kylie for the ‘easy drinking’ top spot

Whether it’s 9 to 5, Jolene or Islands in the Stream, Dolly Parton fans are no stranger to belting out her hits with a glass of wine in hand, but now they can sip her vino, too, as the singer’s “down to earth” wine range goes on sale in the UK.

The brains behind Dolly Wines say they have bottled Parton’s “vivacious spirit and love for life” with the decision to branch out from selling albums to alcohol pitting the US country music star against the pop princess Kylie in the battle for the “easy drinking” top spot.

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Coles profit surges to $1.1bn as shoppers grapple with cost-of-living crisis

Greens accuse company of price-gouging, as supermarket attributes sales boost to seasonal campaigns and rising digital revenue

Coles has posted a surge in revenue from its groceries business and expanded supermarket profit margins to the highest level recorded in the pandemic era, even as shoppers grapple with fast-rising household costs.

The revenue bump underpinned a robust rise in annual profit to $1.1bn. It threatens to draw Australia’s second largest chain back into the public limelight as cost-of-living pressures become a central political issue for the next federal election.

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UK shop prices fall year on year for first time since cost of living crisis began

Prices down 0.3% in first week of August as food inflation eases and retailers attempt to shift unsold summer stock

UK shop prices have dropped for the first time since the cost of living crisis began nearly three years ago, as food inflation eased and retailers offered discounts on clothes and household goods to shift unsold summer stock.

New data showed prices were down 0.3% in the first week of August, compared with the same period last year. That compares to a 0.2% rise in July, and the three-month average of 0%.

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‘On the front foot’: Waitrose boss confident chain is getting its mojo back

James Bailey is confident the market has swung in its favour, with more customers and plans to open new stores

Waitrose is getting its mojo back, according to the boss of the upmarket supermarket chain, with shoppers treating themselves more often to pricier items such as green harissa paste and organic beef fillet steak as the cost of living crisis subsides for them.

James Bailey says Waitrose is selling nearly double the amount expected of its range of branded ingredients for recipes by the celebrity chef Yotam Ottolenghi, which launched in April, while sales of its Duchy Organic range are up more than 10%, as are those for its premium No 1 own label range, while sales of its budget Essentials range are falling back.

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Union calls for urgent action to protect jobs as Asda ‘fights for survival’

GMB accuses owner TDR Capital of mismanagement as sales at supermarket fall 6%

The GMB union has called on the owner of Asda to take “urgent action” to protect jobs amid signs the supermarket is “in a fight for survival”.

On Tuesday data revealed sales at Asda fell 6% in the three months to 4 August, despite continuing grocery price inflation, taking the retailer’s share of the UK take-home grocery market to 12.6% – the lowest level in at least 13 years.

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Sun, sea and sales … Britain’s delayed summer arrives to thaw the retail chill

After a difficult period on the high street, base rates are falling, temperatures are rising and things are looking up

It’s been a second cruel summer in a row for retailers and the hospitality business, but a more prolonged spell of warmth – and the first cut in interest rates in more than four years – may finally heat up the market, if it’s not too late.

From Argos paddling pools and outdoor furniture at garden centres to Heineken beer and Unilever’s ice-cream brands, sales have been dampened by poor weather, which has added to the pressure from high interest rates and energy bills. Sales volumes were down in June and July in the UK, according to the latest CBI distributive trades survey, with retailers expecting more falls in August.

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Australia’s health star rating system exploited by companies making ultra-processed foods, experts say

Labelling focused on nutrients such as protein or fat distracts from ‘poor quality’ or ‘chemically transformed’ products, according to experts

The food industry in Australia is allowed to use labelling and marketing tactics to distract from the harmful ingredients in ultra-processed foods due its outsize political power, health experts say.

As state, territory and federal health and food ministers meet on Thursday, experts are concerned the current voluntary food labelling regimes are failing to meet international standards for warning consumers against industrial techniques used in food processing.

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Indonesians who paid thousands to work on UK farm sacked within weeks

Exclusive: Several sent home for slow fruit picking face debts as watchdog investigates alleged illegal fees

Indonesian workers who paid thousands of pounds to travel to Britain and pick fruit at a farm supplying most big supermarkets have been sent home within weeks for not picking fast enough.

One of the workers said he had sold his family’s land, as well as his and his parents’ motorbikes, to cover the more than £2,000 cost of coming to Britain in May and was distressed to find himself unemployed with few possessions.

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Queensland Greens unveil plan to cap grocery prices and ‘smash up’ Coles and Woolworths duopoly’

Party’s new policy includes limiting cost increases on 30 essential items, with the shopping list to be determined by a ‘Fair Prices Authority’

The price of 30 basic essentials such as bread, milk and nappies would be capped, with increases tied to wages, under a new policy to be announced by the Queensland Greens on Wednesday.

The party will also lay out a plan to break up the Coles and Woolworths “duopoly” by requiring the companies to sell supermarkets if they own more than 20% of the market.

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Cost of toothpaste can double through the year in UK, study finds

Research discovers the cost of some healthcare products fluctuates wildly, according to time of year you buy them

Dentists agree that brushing twice a day is the best way to look after your teeth. But depending on what month it is, dental hygiene can be a dramatically more expensive habit to maintain.

New research has shown that the cost of a tube of toothpaste at some times of the year can be double its price at other times. The price of other popular health products such as Gillette razors can also double depending when they are bought.

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John Lewis is ‘back on track’, says outgoing chair Sharon White

Return to profit will enable ‘significant investment’, including Waitrose refurbs and more convenience stores

The outgoing chair of John Lewis has insisted that the retail group is “back on track” and “more fit for the future” with an improving financial position enabling it to spend money refurbishing Waitrose supermarkets and opening convenience stores.

Sharon White, who will retire as chair of the John Lewis Partnership in September, said the upmarket Waitrose brand was “underrepresented in convenience” as it sought new avenues of growth.

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Typical Aldi grocery bill 25% cheaper than at major supermarkets, Choice research finds

Undercover shopping study on 14 common items part of move to provide transparency after Coles and Woolworths accused of price gouging

A basket of Aldi groceries is typically 25% cheaper than an equivalent purchase at major chains Coles and Woolworths, according to government-funded research conducted by consumer group Choice.

The price comparison of 14 common grocery items is part of an initiative to provide better transparency of the supermarket sector, which has faced allegations of anti-competitive price gouging during a cost-of-living crisis.

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‘We’re not backing down’: US grocery workers take on Kroger with strike vote

Food 4 Less workers to vote on action if new deal is not reached, as employees say wages and benefits lag behind

About 6,000 grocery store workers are set to vote on strike action after the expiration of their union contract with the Kroger-owned Food 4 Less chain.

The contract with United Food and Commercial Workers (UFCW) expired on Saturday. Members are voting on whether to authorize a strike if a new deal is not reached, and results expected late on Friday.

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One in three Asda staff have been attacked at work, survey finds

GMB poll receives reports of workers being stabbed, punched and threatened with syringes

One in three Asda staff have been attacked at work, according to research that included reports of workers being stabbed, punched and threatened with syringes.

The poll of almost 1,000 members of GMB, one of the UK’s biggest unions, returned stories of delivery drivers being chased by people in cars, while store workers had food thrown at them. More than half (58%) of respondents said they had suffered injury or illness on the job.

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Egg farmers say supply not at risk from bird flu after Coles imposes two-carton limit on shoppers

Supermarket’s restriction applies everywhere except WA as more than 500,000 chickens euthanised due to avian influenza

Egg farmers have rushed to reassure consumers that there is no shortage of eggs after the supermarket chain Coles announced a two-carton limit in response to the avian influenza outbreak in Victoria.

The highly pathogenic H7N3 strain of bird flu has been detected on four farms in western Victoria, and another highly pathogenic strain, H7N9, has been detected at a fifth farm. More than half a million chickens have been euthanised in an effort to stop the spread of the disease.

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Asda-owning Issa brothers go their separate ways amid family rift

Union warns of risks to shoppers and staff after Zuber Issa sells 22.5% supermarket stake to private equity co-owners TDR Capital

The billionaire brothers who part-own Asda have gone their separate ways, with Zuber Issa selling his shares in the supermarket to the private equity firm TDR Capital amid a rift between the siblings.

Zuber owned 22.5% of the Leeds-based grocery chain after a £6.8bn takeover alongside his older brother Mohsin and TDR three years ago. The sale of his stake had been expected for months, but was thought to have been complicated by lock-in agreements.

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Asda now the most expensive UK supermarket to buy fuel, study shows

Chain once prided itself on selling the cheapest fuel but RAC analysis shows it is now the dearest

Asda is now the UK’s most expensive supermarket fuel seller, research shows, after the retailer’s private owners ditched its long-held pledge to be the cheapest on the market.

The retailer, which was bought by the billionaire Issa brothers and their private equity partner TDR Capital in 2021, charged an average 2.1p a litre more for unleaded petrol than rivals Tesco, Sainsbury’s and Morrisons at the end of May, according to an analysis by the RAC motoring organisation.

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