Woolworths
ASX:WOW
Experts say the ACCC's lawsuits against Woolworths and Coles over misleading discounts could be a game changer, as the government moves to seize the political opportunity.
Plant-based meat producers have had a difficult run, but Harvest B, Vow and v2food are all betting hybrid products and cultivated meats could unlock new demand.
Decades ago, big retailers eagerly offered cash out at checkout because they profited from handling cash. Today, it costs them money — and they’re clamping down.
The sensational exchange between Woolworths CEO Brad Banducci and Nick McKim at a Senate inquiry may have been entertaining, but it should also be concerning to everyone in business.
The competition regulator is set to leverage its expertise in data analytics which was honed during the digital platforms inquiry as well as the experience of New Zealand in its review of supermarket pricing.
Woolworths' Brad Banducci was just the latest among many CEOs who've slipped up when dealing with the media.
The ACCC's probe into supermarket pricing is the latest in the long list of reviews into the sector. And it's not clear whether any will lower grocery bills.
The government is reviewing the supermarkets' approach to pricing in the midst of a cost-of-living crunch. But economists say it'll do little to solve inflation woes.
The nation's biggest supermarket chains are an easy target for those seeking to score political points during the depths of summer.
The furore over Woolworths' sales of Australia Day merchandise may feel contrived, but it also underscores a much larger story about the reshaping of politics.
As part of the competition regulator's approval of Woolworths' acquisition of a majority stake in Petstock, the pet supply store has agreed to divest a package of sites and assets.
Woollies has mandated two Japanese banks and two Australian lenders to manage a potential new bond issue.
The groceries giant's CEO Brad Banducci was forced into an awkward exchange over executive bonuses following fatalities in its stores.