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This Month
Even priests and monks love them, but bots can make an unholy mess
CEOs aren’t the only leaders to join the seductive cult of AI, but businesses should remember they are responsible when bots go rogue.
Hip pocket pain comes for shoppers – and for supermarket giants
Woolworths and Coles had hoped a year under fire – amid accusations of price gouging – would give way to easier times. A wave of price increases won’t help.
Woolies upsizes shopping mall offer into mega $500m deal
In one of the Woolworths’ biggest real estate deals yet, a buyer for one of its malls became the owner of 10 centres built already or being developed.
Coles-Woolworths $1b underpayment case ‘off the rails’: judge
In a sign of growing frustration in the seven-year case, a judge has blasted the supermarket giants’ lawyers for wasting time, threatening costs orders.
What 4pc inflation could do to your retirement savings
A sustained increase in average inflation would be a drag on retirement income. Here are three ways to help protect your portfolio.
Woolworths rejects claims former executive worked 120-hour weeks
In filings the supermarket giant described as “vague and embarrassing”, former chief growth officer Miwah Van alleged she had worked herself into hospital.
Sounds familiar? Retail radio has a captive audience
Chemist Warehouse Remix, Bunnings Tradio - every major chain now has its own soundtrack, and they are taking a bite out of traditional radio stations.
The Ozempic-era supermarket aisle is a very different place
From Coles and Woolworths to fast food chains, a phalanx of thinner and healthier customers is forcing a rethink of what products are going to sell.
Coles shuts Swaggle, its two-year trial run at pet and vet products
Like its major rivals Woolworths and Wesfarmers, the supermarket giant had experimented with expanding in the lucrative market, but is now “pivoting”.
Coles denies it knew MA Services guards would be exploited
The supermarket giant disputed claims that its contract with the failed security firm indicated that workers would be exploited.
Endeavour CEO Jayne Hrdlicka sees strength in dual business model
The hospitality giant has dismissed any possibility of splitting up the company, which spans Dan Murphy’s liquor stores and 350 pubs.
February
Coles says it is holding off resurgent Woolworths as sales disappoint
The supermarket’s chief executive, Leah Weckert, said the company and its larger rival were taking share off other grocery players amid intense competition.
AI job cuts, best and worst of profit season and grilling the RBA
James and Anthony talk AI fears on Wall Street, deliver an earnings season wrap and look ahead to The Australian Financial Review Business Summit.
Your parents’ idea of a supermarket is dying. Here’s what comes next
A surge in e-commerce sales is an indicator of what’s coming next in the grocery sales. And, yes it’s all about AI.
Woolworths’ AI assistant goes rogue, starts talking about its mother
Olive has been around for years, but has recently become more sophisticated after the supermarket partnered with Google. Shoppers are noticing some oddities.
Coles says supplier costs, not strategy, drove price shifts
Coles argues the ACCC’s focus on grocery prices should be centred on what they were after supplier cost increases were factored in, not before.
The RBA is on inflation alert. It should watch Woolies shoppers, too
All customers are now hunting value at the supermarket. Are price rise expectations moving higher, or is it the reaction to a rate rise the central bank needs?
Woolworths buoyed as supermarket sales begin to accelerate
But the grocery retailing giant missed overall expectations as its other businesses lagged. The company has been chasing major rival Coles for months.
ASX jumps 1.2pc to record high; Woolworths’ biggest one-day gain ever
Shares close at record high; Woolworths beats expectations; BHP ends at new high; WiseTech soars on jobs cuts; DroneShield profit up rockets; Domino’s tumbles on soft sales. Follow live.
Does Coles care about value, or is it just pretending?
The supermarket giant is facing off against the competition regulator in a blockbuster court stoush examining the difference between value and perception.
