Australia’s largest grocery chain has informed the market that they have reduced the shelf price of 3,500 products Australia-wide. The “long term shelf price reduction strategy” has been made possible due to “business efficiencies”, the company said. “3,500 everyday grocery products have had their standard shelf price reduced over the last few months and are now cheaper than they were a year ago,” Woolworths said in a statement. “These lower prices... ...Read more »

The UK’s largest retailer has launched the first of its new “Buy One, Get One Free Later” deals, designed in response to alarming research showing the high levels of food waste. Such is the extent of food waste in the UK that the government is looking at the prospect of clamping down on traditional ‘buy-one-get-one-free’ (BOGOF) deals. This has already elicited a response from retailers, with Tesco’s new discount strategy to include the ability for customers to... ...Read more »

In the wake of concerns about the waste created by ‘buy-one-get-one-free’ offers (BOGOFs), UK retailer Sainsbury’s has introduced a new, but similar offer, to tackle such concerns. The ‘buy now free next time’ deal allows customers to get the product free next time they are in store and it will be initially offered on nappies and baguettes. “Following feedback from our customers, we learnt that whilst ‘buy one get one free’ promotional offers on nappies... ...Read more »

Coles has withdrawn a petrol price promotion at the request of the Australian Competition and Consumer Commission. The supermarket chain was to reward heavy spenders at their supermarkets with a substantial discount at the bowser in a move similar to a recent successful promotion, but cancelled the deal after the competition regulator raised concerns. The two-week deal was set to provide discounts of up to 40c/litre but the ACCC said it could prove anti-competitive in the long-term. Coles Express... ...Read more »

The heavy discounting on petrol instigated last week by Coles has been cleared by the competition watchdog. In a move that was criticised by consumer group choice and Independent Senator Nick Xenophon, Coles offered 40 cents/litre off for people who spent $300 or more at the supermarkets, with the discounts scaled back below this outlay. Woolworths and Metcash soon followed with a replication of the Coles offer. Mr Xenophon called for an ACCC enquiry, believing such a move would destroy independent... ...Read more »

Coles has continued with their aggressive discounting plan, offering a 10 per cent rollback to seniors this week. The supermarket chain last week instigated a brief petrol price battle with a 40 cents per litre discount for those who spent more than $300 on groceries, with Woolworths immediately following suit. Woolworths will not match the deal, due to end tomorrow, on this occasion. Coles spokesman Jim Cooper said the move was made as many Pensioners missed out last week because their shopping... ...Read more »

Australia’s leading supermarket chains are fighting a petrol battle that could have major implications on other supermarket chains around the country. Coles and Woolworths, who have both significantly expanded their petrol operations over the past few years, have announced a special offer for customers who spend big at their supermarkets in the next three days. Coles initiated the discounting, with a 40 cent/litre reduction offered to those who spend $300 or more at their chains in the next... ...Read more »

A new consumer group, Action Village, is planning to use the power of a large group to coerce retailers to drop their prices. Action Village is seeking to gain one million members before they plan to go to the negotiating table with supermarkets, petrol chains and other retailers with regard to possible discount offers.”We’re aiming to build an army of consumers and empower them to take action against the obscenely rising prices that we’re encountering at the moment, particularly... ...Read more »