Tag #Woolworths

Showing 1 to 12 of 14 results

smh.com.au
🌐 85% Global Worthiness
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Woolworths and Coles to Pay $780 Million in Staff Back-Pay

Australia's two largest supermarket chains, Woolworths and Coles, will collectively pay $780 million in back-pay to staff following a Federal Court ruling that they underpaid salaried workers for over a decade due to inaccurate record-keeping of rosters, overtime, and entitlements.

Progress

24% Bias Score

Decent Work and Economic Growth
smh.com.au
🌐 75% Global Worthiness
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Woolworths Launches $100 Million Price-Cut Campaign

Woolworths initiated a $100 million price reduction on 400 essential items, averaging a 10% decrease, in response to cost-of-living concerns, government pressure, and competitive pressures from Coles; the campaign's success hinges on Coles' response and the duration of the price cuts.

Progress

64% Bias Score

No Poverty
smh.com.au
🌐 75% Global Worthiness
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Government Report Criticizes Supermarket Giants Amidst Budget and Election

The ACCC released a critical report on Friday detailing Woolworths and Coles' profit increases despite rising costs, prompting questions about the timing and adequacy of proposed remedies.

Progress

56% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 65% Global Worthiness
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Woolworths Announces Restructuring, Leading to Job Losses

Woolworths, Australia's largest supermarket chain, is undertaking a major restructuring, resulting in unspecified but 'not significant' redundancies among its 10,000 office-based staff to improve efficiency and customer focus, following a new mandate requiring at least three days a week in-office wo...

Progress

40% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 75% Global Worthiness
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Woolworths Doubles Brut Deodorant Price Despite Smaller Size

Woolworths is selling a smaller 50g Brut deodorant stick for \$10, double the unit price of the previous 75g \$7 version, highlighting 'shrinkflation' and sparking consumer concerns amidst a cost-of-living crisis and existing accusations of deceptive pricing practices.

Progress

64% Bias Score

Reduced Inequality
theguardian.com
🌐 65% Global Worthiness
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Woolworths' Competition Claims Challenged by Grocery Market Investigation

Woolworths lists over 40 competitors in its submission to the ACCC inquiry, but a Guardian Australia investigation found many lack the scale, range, or accessibility to be genuine alternatives, raising questions about the competitiveness of the Australian grocery market.

Progress

48% Bias Score

Reduced Inequality
theguardian.com
🌐 85% Global Worthiness
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Trump's Arms Deal, Economic Uncertainty, and Woolworths' Price Cuts

The US and Saudi Arabia signed a $142 billion arms deal, the largest in history, amidst concerns about the Trump presidency's impact on global markets and Woolworths' price cuts aiming to ease cost-of-living pressures.

Progress

52% Bias Score

Reduced Inequality
smh.com.au
🌐 85% Global Worthiness
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Labor and Coalition Clash Over Supermarket Price Gouging

In response to rising supermarket prices, Labor proposes a price-gouging taskforce, while the Coalition threatens divestiture of major chains if consumers are overcharged, highlighting a key policy difference between the two parties during a time of public concern.

Progress

44% Bias Score

Reduced Inequality
smh.com.au
🌐 85% Global Worthiness
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Australian Supermarket Giants Face Inquiry, Accused of Market Dominance

An Australian inquiry found Coles and Woolworths, holding 67% of the grocery market, are highly profitable and enjoy market dominance, leading to 20 recommendations for increased transparency and a more level playing field, although some critics argue the recommendations lack sufficient regulatory s...

Progress

52% Bias Score

Reduced Inequality
smh.com.au
🌐 75% Global Worthiness
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Coles Cuts 2500 Products to Boost Profits Amid Cost-of-Living Crisis

Coles, facing pressure to lower prices and increase supplier payments, is cutting its product range by 10 percent (2500 products) to boost profit margins, a strategy informed by Bain & Company, with potential impacts on suppliers and consumer choice.

Progress

60% Bias Score

Reduced Inequality
theguardian.com
🌐 85% Global Worthiness
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Retail Profits Soar, While Worker Wages Stagnate

Australian retail sector gross operating profits have increased sixfold since 2001, while retail wages have risen by less than half that amount, leaving low-paid workers struggling with inflation and creating an imbalance of bargaining power between employers and employees.

Progress

40% Bias Score

Reduced Inequality
theguardian.com
🌐 75% Global Worthiness
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Woolworths Strike Causes Liquor Shortages Across Victoria and NSW

Over 1,500 Woolworths warehouse workers in Australia have been striking since November 21st, causing significant stock shortages at Dan Murphy's and BWS liquor stores across Victoria and southern NSW due to disruptions at five distribution centers, resulting in a $50 million loss for Woolworths.

Progress

40% Bias Score

Decent Work and Economic Growth

Showing 1 to 12 of 14 results