Queensland farmers call for probe into price gouging after premier writes to grocery giants

Peak body says farmers aren’t getting ‘fair value’ as Steven Miles demands answers from supermarkets on overcharging claims

A peak body representing Queensland farmers has increased pressure for an inquiry into price gouging after the state’s premier wrote to the big supermarket chains demanding answers over a “widening gap” between the prices farmers receive and those customers pay.

The Queensland premier, Steven Miles, sent a letter to the CEOs of Coles, Woolworths, IGA and Aldi on Friday telling them about his “growing concern” about the disparity between checkout prices and the value farmers receive for their stock.

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Carrefour pulls PepsiCo products in four EU countries over price hikes

Stores in France, Italy, Spain and Belgium will no longer stock PepsiCo drinks, Lay’s and Doritos crisps and Quaker cereals

The French supermarket chain Carrefour has said it will stop selling PepsiCo products in stores in four European countries because the global food company has put its prices up by too much.

Shelves at Carrefours in France, Italy, Spain and Belgium will from Thursday carry signs saying the store will no longer stock PepsiCo products such as fizzy drinks, Lay’s and Doritos crisps and Quaker cereals “due to unacceptable price increases”.

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UK shoppers spent £13.7bn on groceries in run-up to Christmas

Consumers buy more items – including plenty of parsnips and sprouts – to beat last year’s spend by 7%

UK shoppers spent £13.7bn on groceries in the run-up to Christmas – 7% more than a year before – as they sought out bargains and switched to discounters to try to offset price inflation.

The number of items bought rose by 2% in December as prices climbed by 6.7%, according to analysts at Kantar, although that was down from 9.6% in November – making it the biggest monthly drop in inflation the data firm has ever recorded.

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Woolworths issues recall for Christmas mince pies over potential metal contamination

Supermarket says there have been no complaints and the New South Wales recall is being done as a ‘precaution’

The chance of metal contamination has led to supermarket giant Woolworths issuing a recall in New South Wales for a batch of a common Christmas treat.

Woolworths said the affected product is Shortcrust Summer Berry Mince Pies, sold in six-packs, with a “best before” date of 13 June 2024.

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Sainsbury’s boss defends decision to sell customers’ Nectar card data

Supermarket says it protects personal data ‘incredibly carefully’ and move makes ads ‘more relevant’

The chief executive of Sainsbury’s has defended its decision to sell data on the shopping habits of his customers to TV and consumer goods manufacturers looking to target their advertising.

Simon Roberts has said the supermarket group protects personal data “incredibly carefully” and that its strategy had made adverts more “relevant” for shoppers.

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UK Christmas shoppers will pay more for less this year, say economists

Cost of festive season is up almost a quarter in three years, according to the Centre for Economics and Business Research

Consumers will pay more for less this Christmas, economists have warned, getting less of a bang for their buck than the faint phutting of a puny, overpriced cracker being pulled.

Although Britons will spend more than in the belt-tightening 2022 festive season, the resultant fare won’t yet match the pre-pandemic Christmases past.

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Coles and Woolworths to face Senate scrutiny amid claims of profiteering

Greens win support for inquiry into effect of market concentration on food prices and pattern of major chains’ pricing strategies

Australia’s big supermarkets will face fresh scrutiny with a Senate inquiry to investigate their market power and pricing decisions, amid concerns they have profiteered during an inflationary period marked by fast-rising food costs.

The Greens have secured cross-party support to set up the inquiry which will examine the effect of market concentration on food prices and the pattern of pricing strategies employed by the major chains, Coles and Woolworths.

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Co-op and Aldi champagnes beat Veuve Clicquot in Which? taste test

Top-scoring supermarket fizz costs less than half of the price of its prestigious competitor

Money might be tight this Christmas but there is good news for champagne lovers after much cheaper supermarket own brands fared better than the prestigious French label Veuve Clicquot in a quaff test.

The Co-op’s Les Pionniers champagne received the top score of 85% in a blind taste test conducted by Which? with the £22.75-a-bottle bubbly wowing the panel with its “smoky notes” and “smooth creaminess”.

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Premature death of 80m chickens raises concerns over UK’s fast-growing breeds

Animal welfare groups urge retailers to switch to slow-growing birds in face of record deaths last year

More than 80 million chickens died before reaching slaughter weight in the UK last year, with mortality rates the highest for at least a decade, reveal official figures.

Animal welfare organisations say the fast-growing chicken breeds that dominate production have higher mortality rates, lameness and muscle disease than slower-growing breeds. They are calling on retailers to switch to slower-growing breeds and provide more space for the birds.

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Pineapple loses its crown: Sainsbury’s sells leafless version to cut waste

Removing leaves will mean they can be replanted or shredded for animal feed and could reduce emissions

The pineapple has been dethroned: Sainsbury’s has announced it will start selling a crownless version of the tropical fruit from Wednesday.

The spiky, green leaves that grow from the top of the plant are a unique feature of the exotic fruit. But, says the supermarket, they are typically thrown away by customers, contributing to up to 700 tonnes of food waste a year.

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Sainsbury’s launches bridal collection with £22 Tu wedding dress

The supermarket hopes its new range will see cash-conscious brides stepping from one aisle to another

Milk, bread, eggs … wedding dress? Brides-to-be can usually be found browsing in chic boutiques or stuffy department stores but now Sainsbury’s is hoping it can persuade them to hit the supermarket aisle instead as they go in pursuit of the perfect wedding dress.

This week its mass market fashion brand, Tu clothing, launched its first bridal collection.

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Carrefour puts ‘shrinkflation’ price warnings on food to shame brands

French supermarket chain labels products that have shrunk in size but cost more before contract talks with suppliers

The French supermarket chain Carrefour has put labels on its shelves this week warning shoppers of “shrinkflation”, the phenomenon where manufacturers reduce pack sizes rather than increase prices.

It has slapped price warnings on products from Lindt chocolates to Lipton iced tea to pressure top consumer goods suppliers Nestlé, PepsiCo and Unilever to tackle the issue in advance of much-anticipated contract talks.

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ACCC delays decision on Coles buying milk processing plants from Saputo

Dairy farmers warn the deal could reduce competition and lead to lower prices for producers

The Australian consumer watchdog has delayed its decision on the acquisition by supermarket giant Coles of two major milk processing facilities, which dairy farmers warn would further reduce competition and lower milk prices.

In April, Coles announced it had purchased two fresh milk processing plants from dairy processor Saputo for $105m, subject to regulatory approval from the Australian Competition and Consumer Commission (ACCC).

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England fans to splash out on food, drink and TVs for Women’s World Cup final

Supermarkets, pubs and advertisers the winners as supporters prepare for match against Spain

Supermarkets, pubs and TV advertisers are preparing to enjoy a bumper weekend as football fans rush to celebrate the Women’s World Cup final on Sunday morning.

As many as 13.7 million people are expected to tune in when the Lionesses take on Spain in the highly anticipated fixture in Australia – the first time a senior England football team has appeared in a World Cup final since 1966.

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Sharp rise in cost of food basics forces UK families ‘to make desperate choices’

Which? research finds cheese, butter and bread are up by more than 30% in the past two years, hitting the poor hardest

The cost of some basic food items such as cheese, butter and bread has soared by more than 30% in the last two years, forcing poorer households to “make desperate choices between keeping up with their bill payments or putting food on the table,” campaigners have said.

Food price inflation has slowed in recent months, but costs remain much higher than they were two years ago, disproportionally affecting low-income households, according to research by consumer body Which? shared exclusively with the Guardian.

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Coles and Woolworths say their profits are modest – but does that stack up?

The two big Australian supermarkets under scrutiny at a federal parliamentary inquiry into economic dynamism

When a representative of Australia’s biggest supermarket chain answered questions at a parliamentary committee about profits, the response created an impression that margins were modest and, if anything, falling.

The assertion appears to rub against data that shows Woolworths and Coles have greatly increased profits derived from grocery items during the inflationary period and related cost-of-living crisis.

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Asda publishes daily petrol prices online after pressure from watchdog

Other retailers say they are working with government on implementing industry-wide comparison service

Asda has begun publishing local fuel prices at its forecourts online, becoming the first retailer to launch the service following pressure from the competition watchdog and MPs over widened profit margins at the pump.

The Competition and Markets Authority (CMA) has called on the government to introduce legislation to ensure fuel retailers provide up-to-date pricing for a new industry-wide comparison service.

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UK shop prices in first monthly fall for two years amid big discounts

Clothing and footwear among items reduced most in July as retailers try to counter bad weather

The UK’s biggest retailers have reported the first monthly fall in shop prices for two years, as stores tried to tempt in customers with big discounts during July’s unseasonably wet weather.

The British Retail Consortium (BRC) said its annual shop price inflation rate, compiled with the help of NielsenIQ, had declined to its lowest level of the year, sliding to 7.6% last month from 8.4% in June.

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Asda’s profit margins at the pump have trebled, MPs told

Competition regulator tells business committee of ‘significant change’ in retailer’s fuel pricing

Asda’s profit margins on fuel have tripled since before the pandemic, according to the competition regulator at a bad-tempered parliamentary hearing where the supermarket chain’s co-owner repeatedly refused to explain its pricing strategy.

Mohsin Issa declined to answer multiple questions on whether Asda had increased its profit margins on fuel since its takeover in 2021, prompting MPs on the business select committee to become increasingly furious as the retailer insisted it had not changed its strategy.

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Grant Shapps appears to row back on supermarket petrol prices law

Energy secretary backs voluntary price comparison scheme in meeting with supermarket bosses rather than new law

The energy secretary, Grant Shapps, appears to have rowed back on plans for a law to force supermarkets to make fuel prices more transparent, instead backing a voluntary price comparison scheme in a meeting with supermarket bosses.

Shapps on Monday endorsed the non-mandatory scheme, which had been suggested by the competition regulator, after a summit with retailers that he had promised would involve him holding “rip-off retailers” to account.

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