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The economy managed to avoid a recession this year, but the retail sector was not as fortunate, with real retail spending declining for three consecutive quarters. ....
Woolworths, Coles retail media earnings soar mumbrella.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mumbrella.com.au Daily Mail and Mail on Sunday newspapers.
SUNDAY ROAST: The small caps that lit a fire under Stockhead's experts this week stockhead.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from stockhead.com.au Daily Mail and Mail on Sunday newspapers.
The duopoly between Coles and Woolworths are key reasons why prices for groceries have increased, former ACCC Chair Rod Sims says, as the supermarket giants are accused of greed . ....
The cost of basic household items is going up and when you look at the exact figures, it's eye watering stuff.
The price of some grocery staples such as yoghurt and breakfast spreads are well above the national inflation rate of seven per cent.
So what's behind it? Is it all to do with inflation? Or are some companies using the current economic climate to increase their profit margins? It's what some critics are calling "greed-flation". ....