ACCC clamps down on Coles, Woolworths

The Australian Competition and Consumer Commission has announced that agreement had been reached with Coles Group Limited and Woolworths Limited to phase out all restrictive provisions in supermarket leases.

ACCC defends Coles, Woolworths

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Graeme Samuel, chair of the Australian Competition and Consumer Commission called for a ‘reality check’ in the debate around food inflation and the dominance of two players in the grocery market.

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In what is seen as a strategic move to destabilise the Wesfarmers Group, Woolworths has teamed up with US giant Lowe’s Companies to launch a new chain of hardware stores.

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Albanese talks tough on major retailers

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Major retailers’ refusal to pass a fuel levy on to truck drivers is illegal and the Australian Competition and Consumer Commission (ACCC) may take action to tackle this, federal infrastructure minister Anthony Albanese has said.

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Woolworths and Coles can help save truckies: TWU

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Woolworths and Coles can help save truckies: TWU

Truck drivers are calling for a cost recovery system to help sustain the trucking industry amid soaring fuel prices, as their protest against major retailers continues.

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Walker to reinvigorate property market

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Walker to reinvigorate property market

Property developer Lang Walker’s major projects in Melbourne and South East Queensland may reinvigorate the troubled commercial property sector.

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Linfox pessimistic after big win

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Linfox has achieved a major milestone in its five-year plan with a $1 billion Coles contract, but is pessimistic about the Australian economy.

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40 million-dollar Woolworths contract

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40 million-dollar Woolworths contract

Australia’s largest retailer, Woolworths, has awarded a 40 million-dollar supply contract to a second-tier privately owned transport and logistics company.

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Coles COO to head up supply chain

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Coles COO to head up supply chain

Mick McMahon, currently chief operating officer of Coles, will take up an old/new senior position after Ian McLeod starts later this month as managing director of the Coles division of Wesfarmers.

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While the trucking industry continues to attack major retailers arguing they are refusing to pay fuel levies to drivers, Woolworths has said the industry is wrongfully placing the blame on the company.

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