#woolworths — Public Fediverse posts

A farmer from New South Wales recently visited Japan and discovered that Australian #meat was being sold in Tokyo for less than it costs in major Australian supermarkets. Analysts argue that direct comparisons can be "misleading" without accounting for factors such as global import competition, differences in meat cuts, and exchange rate fluctuations. Although #Coles and #Woolworths have denied allegations of price gouging, the #ACCC is set to release an interim report on its inquiry into supermarkets by August.
#ausecon #auseconomy #auspol
https://www.abc.net.au/news/2024-05-28/australian-beef-cheaper-tokyo-supermarket-than-coles-woolworths/103897144

#Supermarket anger sees more shoppers finding alternative ways to buy #food - #Woolworths made a total net profit after tax of $1.62 billion in 2023, and #Coles $1.1 billion. #auseconomy #greed https://www.abc.net.au/news/2024-01-15/alternative-shopping-methods-rise-amid-supermarket-anger/103316612