Coles supermarket profits hit $1.1 billion as struggling consumers skip eating out amid cost of living crisis

Coles supermarket profits hit .1 billion as struggling consumers skip eating out amid cost of living crisis

Cost-of-living pressures have helped supermarket giant Coles to a 4.8 per cent profit boost, but organised crime is increasingly threatening its bottom line. The company on Tuesday reported supermarket sales revenue for the last financial year grew by 6.1 per cent, with cash profit rising to $1.1 billion from $1.05 billion the previous year. Customers … Read more

Woolworths recalls Shortcrust Summer Berry Mince Pies sold in NSW over contamination fears

Woolworths recalls Shortcrust Summer Berry Mince Pies sold in NSW over contamination fears

Woolworths has recalled a batch of its Christmas mince pies over fears the festive treat may contain metal. The supermarket giant issued the recall on Friday, warning consumers its six-pack of Shortcrust Summer Berry Mince Pies may contain metal fragments. “Food products containing metal may cause illness/injury if consumed,” Woolworths warned. Watch the latest news … Read more

Coles and Woolworths supermarkets urged to freeze prices in lead-up to Christmas ahead of price-gouging inquiry

Coles and Woolworths supermarkets urged to freeze prices in lead-up to Christmas ahead of price-gouging inquiry

Supermarkets are being urged to get into the Christmas spirit and help struggling families by placing a freeze on the price of ham. Agriculture Minister Murray Watt put Coles and Woolworths on notice as they buckle up for a parliamentary inquiry into price-gouging, record profits and cost of living pressures. WATCH THE VIDEO ABOVE: Supermarket … Read more