Posts tagged "Coles"

Baby formula stockpiling footage sparks shock

[22 October/NZ Herald] A debate over Australia’s baby formula stockpilers resurfaced after footage showing a shopping frenzy at a Woolworths store in Melbourne. Shopper, Ben Barak, was surprised that at 8am there were around 50 people lining up with boxes in a line from one end of the supermarket to the other. They all had...

Plastic straws to be shelved by Woolworths this year and Coles commits to 90pc diversion from landfill by 2022

 [5 June/ABC News] Coles and Woolworths announced new environmental commitments in response to a shift in consumer attitudes. Coles pledged to halve its food waste across its supermarkets in two years, and divert 90 percent of its waste from landfill by 2022. Senior Communications Manager, Martine Alpins, said Coles wouldn’t be setting these targets if...

Aldi’s fresh food offer puts heat on Woolworths and Coles

[6 September/ The Sydney Morning Herald] Morgan Stanley analysts have said Aldi’s new store format was a game changer and has accelerated its market share growth against Coles and Woolworths by 30 basis points annually, and that extra sales proceeds could be put into further price cutting. The new format, which Aldi introduced in 2016,...

‘Farmers’ milk on sale

 [7 September/ The Age] Victorian Farmers Federation and Coles have established a new milk brand, Farmers Fund Milk, in response to the recent Australian dairy crisis caused by Murray Goulburn and Fonterra slashing the prices paid to farmers for their milk. Farmers Fund milk would be sold for AUD 2.50 per two litre bottle, with...

Blood being spilt in battle of the meat price cuts

 [23 June/ The Sydney Morning Herald] Coles have been running an AUD 9 per kilogram of lamb special to rival Woolworths’ AUD 10 per kilogram in what has turned into a meat price war between the major supermarket chains. Woolworths Meat Company Director, Pat McEntee said the discounts on lamb were developed to meet shopper...

Oob wins in organic food sales surge [21 June/ Business Day]

Profits at organic ice cream company Oob have surged by nearly 50 per cent in the past year, coupled with a rise of 64 percent in sales to March. Oob Founder, Robert Auton said the past year has been the company’s most successful, following its expansion into the Australian market. The company success is on...

$50m Coles fund to fertilise farms [24 April/ The Australian]

Coles has established a $50m fund, named Nurture Fund, offering grants and no-interest loans to farmers and small food processors looking to expand or invest in new technologies and innovative products. Any farming or food business with annual revenues less than $25 million and fewer than 50 employees are able to apply for the grants...

Organic berry firm snares new market

[28 August/ Business Day: NZ Farmer] The award winning organic berry and ice cream company, OOB, now sells its organic frozen blueberries and mixed berries in around 750 Coles supermarkets across Australia, in addition to the 860 Woolworths stores that they started supplying in 2012. The company’s sales have increased by over 45 percent per...

Nats lobby hard to destroy ‘cattle tax’ before it starts

[27 March/ The Australian] The Australian Government is explaining implementing an environmental certification scheme for beef producers, backed by WWF and McDonalds. The guidelines are expected to be adopted by retailers such as Coles and Woolworths as the minimum requirements for beef suppliers. The guidelines seek to identify key areas that must be addressed to...

Labour: Key must assert NZ exporter rights

 [6 February/ NZ Herald] The Labour party stated that at his meeting with Australian Prime Minister Tony Abbot, the Prime Minister, John Key needs to stress the rights of Kiwi exporters who are faced with Coles and Woolworths’ decision to source Australian only produce. Mr Key has mentioned his concerns with the matter and said...

Coles’ decision freezes out Kiwi veggies

 [3 February/ New Zealand Farmers Weekly] Coles has signed a five year contract with Simplot Australia to source only Australian grown vegetables for its Smart Buy frozen range, in addition to its agreement with Simplot for Coles brand frozen vegetables. The arrangement will require Simplot to supply an additional 2.7 million kg of produce (a...