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Posts Tagged ‘Australian Supermarket Industry’

March 20

Kaufland a Weird Aldi Style Discount Store Is Coming to Australia

Posted by on March 20, 2017 at 8:29 AM

None of you may have heard of Kaufland before, but we wouldn’t blame you either because it’s big in places like Bulgaria and other eastern European countries. The big supermarket chain has announced that it is coming to Australia, its first English speaking country to date.

Kaufland a Weird Aldi Style Discount Store Is Coming to Australia

Kaufland stores are different to those of Aldi because they are usually 20,000 square meters in size, that’s 15 times larger than Aldi and five times larger than a big Coles or Woolworths. The large discount store is known for cheap money saving deals and discounts, holding roughly 40,000 items compared to Aldi’s 1,300 different products.

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November 21

Australia’s Supermarket Industry Is under Fire Again from Germany

Posted by on November 21, 2016 at 8:17 AM

Australia should prepare itself for cheaper products and more money saving opportunities in the wake of the new supermarket, Kaufland’s arrival. The German discount brand is heading down under because it wants to stop Aldi having all of the fun.

Australia’s Supermarket Industry Is under Fire Again from Germany

Kaufland is owned by Aldi’s rival, Lidl as well as the Schwarz Group who control $49.4 billion worth of the German grocery market and they are planning on an expansion into Australia. It appears that Coles and Woolworths have a big battle ahead of them, with Aldi only being the tip of the discount shopping iceberg.

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August 23

Fuel Prices Lowest in 14 Years but Large Retailers Still Have Highest Margins

Posted by on August 23, 2016 at 8:25 AM

It’s been a rollercoaster year so far with a number of businesses closing and prices reducing all over the place due to global oil costs dropping. Now our prime minister is left with the difficult decision of getting the large corporations to explain why are taking advantage of the current market conditions to benefit their own pockets.

Fuel Prices Lowest in 14 Years but Large Retailers Still Have Highest Margins

Malcolm Turnbull should be summoning the CEO’s of Coles and Woolworths to question them on why their companies haven’t passed on the full cut of lower prices for fuel to customers. According to consumer watchdog, fuel stations across the country are realising record margins despite fuel prices being the lowest they have been in 14 years.

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July 18

How Much Is Your Private Data worth to Coles and Woolworths Through Their Loyalty Programs

Posted by on July 18, 2016 at 8:21 AM

Coles and Woolworths are notorious for collecting data on their customer’s shopping habits, but you would have thought that this data would have at least stayed within Australia. Wrong. Some of that data is being sent as far as South Africa and the Philippines. The main culprits for collecting data is Coles’ Flybuys and Woolworth’s Rewards programs which recently have been cautioned for sending shopper’s information abroad, discovered by Australia’s privacy watchdog.

How Much Is Your Private Data worth to Coles and Woolworths Through Their Loyalty Programs

You’ll be happy to hear though that the privacy check ups didn’t reveal mishandling of customer data, but we all know the saying “nothing in life is free”. If this comes as a shock, perhaps you didn’t read the privacy policies because both Coles’ and Woolies’ programs make their data sharing practices clear in accordance with the Privacy Act. What I wanted to find out though, was how exactly are these companies using our data?

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June 28

Food Preservation Hacks That Will save You Loads of Money

Posted by on June 28, 2016 at 8:26 AM

Food is one of those things you either love, or you love in my opinion. We all enjoy eating, but there is nothing worse than spending money on good food and having it spoil because we didn’t look after it properly. Think back to how many bananas, for example, have gone off that you bought, or the amount of salad that has perished before you could eat it all. Collectively, these little bits of food that continuously get thrown away will certainly add up over the years costing you thousands over time.

Food Preservation Hacks That Will save You Loads of Money

Rather than waste food for no reason, I wanted to help you save money by avoiding these wasteful habits. But instead of getting you to monitor your food every day, however, to ensure that they aren’t perishing needlessly, here are a collection of clever food hacks to help with this. These little tricks will ensure that you preserve food for longer so that you don’t waste as much money in the future.

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June 27

ALDI Joins the Supermarket Price War with Meat Cheaper than Ever

Posted by on June 27, 2016 at 8:24 AM

Amidst all the supermarket turmoil in Australia recently, ALDI has now joined the battle to compete for customer business by dropping the price of its meats too. Supermarkets such as Coles and Woolworths previously decided to reduce meat prices in efforts to become loss-leaders and to attract more customers into their stores. But now ALDI has joined the race turning the supermarket landscape into an even more fruitful money saving opportunity for us, the customers.

ALDI Joins the Supermarket Price War with Meat Cheaper than Ever

Cut legs of lamb and other fresh meat products in a basket comparison revealed that Woolworths is still sitting behind Coles in the rankings. However, as of Wednesday 22 June ALDI opted to join the battle and slashed its prices too. Expect to find their legs of lamb reduced by 50¢ per kilo, chicken drumsticks by 50¢ per 2kg and whole chickens by 20¢ per kilo – and that’s just the beginning!

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June 1

Cheap Milk Prices: Get Us Through the Door to Charge Us More

Posted by on June 1, 2016 at 8:13 AM

You’ve heard the expression “don’t judge a book by it’s cover”. Well, this same logic should be applied to supermarkets and the price of their milk. Let me explain. The recent milk situation in Australia was as a result of the large supermarkets battling it out to win market share by selling milk at prices sometimes cheaper than what it cost to buy. Woolworths has been taking a financial hit of late and milk pricing has been one of its key methods in trying to coax more customers through its doors.
Cheap Milk Prices: Get Us Through the Door to Charge Us More
Although this trick means that we the customers are paying less and saving a little bit more on each shop, it has a hidden agenda that many aren’t aware of. This is a marketing tactic that is used globally to try and convince customers that their store is cheaper in general than the competition. The theory is that customers won’t remember the price of everything in store, but competitively priced milk (being a very common purchase with each shop) is an item we’re far more likely to remember. This allows supermarkets to lure us in through their doors in the belief that most of their other products are likely to be cheaper too. This same pricing principle can also be applied to other regularly bought products e.g. bread, bananas, apples etc. Read the rest of this entry »

May 12

Woolworths Promises Bigger Discounts in Massive Pricing Overhaul

Posted by on May 12, 2016 at 8:29 AM

Woolworths has bee struggling recently due to heightened competition from Coles and ALDI causing their sales to continue to decrease. In an attempt to prevent the haemorrhaging of sales, the supermarket is planning on doing a complete overhaul of its pricing to bring its products in line with competitors.

Woolworths Promises Bigger Discounts in Massive Pricing Overhaul

Brad Banducci, the chief executive of Woolies made an announcement that the group will be restructuring after a drop in sales of 0.3% in the third quarter, during which time both ALDI and Coles experienced growth. This has resulted in Woolies pumping $150 million into reducing prices, which only means that customers may be able to save more money shopping with them in the coming months.

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April 20

Save Money with Woolworth’s New Product Price Drop

Posted by on April 20, 2016 at 8:40 AM

Woolworths have been coming under fire from all angles recently with Aldi taking the market by storm and Coles playing the price game very aggressively too. Despite Woolies revamping its rewards program recently to now include Qantas points, many customers are still disgruntled by the fact that discounts are only provided on selected products.

Save Money with Woolworths New Product Price Drop

However, as of today they have changed tact by slashing the prices of everyday products which it considers to be Australian grocery staples. The chain will focus on one category per week for the coming month. If you haven’t shopped at Woolworths in a while, then it could be a money saving exercise to do so whilst these discounts are active.

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February 18

A Comparison of Woolworths’ and Coles’ Online Shopping Experiences for New Users

Posted by on February 18, 2016 at 8:56 AM

This week, Buckscoop has an exclusive voucher from Woolworths which gives you $15 off your first online shop plus free delivery too (on orders over $150). Simply apply the code “BUCKSCOOP15” during the checkout process to get your discount. In light of this, I thought it would make sense to do a review of how Woolworths and Coles stack up against each other in terms of their online shopping experiences for any of you who are new to buying your groceries online.

A Comparison of Woolworths and Coles Online Shopping Experiences for New Users

For instance, Woolies previously used to inflate the prices of their goods online with their justification being that it was needed to cover both delivery and service costs. The good news is though, that as of March 2015 they decided to ditch this discriminatory pricing behaviour towards online customers setting the cost of all products to be equal, no matter whether they were advertised online or in-store. As for Coles, on the other hand, customers could be paying between 3-7% more for products simply due the convenience offered by shopping online. So let’s continue now to explore the differences between Woolworths and Coles to see how they compare.

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December 21

How to Lower the Budget the next Time It’s Your Turn to Host a Group BBQ Event

Posted by on December 21, 2015 at 8:24 AM

Summer for many of us means long weekends outside by the BBQ with family and friends. However, some may shy away from hosting BBQs not just because of the thought of all the organising involved, but also due to the associated costs. Well, I’m here to share with you a number of tips to help bring a more cost effective approach to your next get together.

How to Lower the Budget the next Time Its Your Turn to Host a Group BBQ Event

Combining online shopping and coupon discounts with in-store bargains is a very effective way to bring your overall BBQ bill down while still having fun entertaining family and friends on a budget. Don’t let the daunting thought of an expensive day scare you off, because now you can save money and still go ahead as planned. Read the rest of this entry »

November 11

Did You Know: Coles and Woolies own 50% of the Wine Industry in Australia

Posted by on November 11, 2015 at 8:04 AM

Ask yourself, have you ever purchased a Woolworths Select wine? Maybe you don’t like to buy them because you prefer something a bit more sophisticated. Aussies in general have a great thirst for vino and recent trends in alcohol consumption have shown our drinking habits as a nation are shifting slowly from beer to wine.

Did You Know: Coles and Woolies own 50% of the Wine Industry in Australia

However, if you’re a person who generally chooses to explore different tastes from across the globe and consider yourself “worldly-wise” when it comes to picking out a wine, then you may be a little disappointed to know that there’s a good chance you’ve already consumed these Woolworths Select wines without even knowing. For instance, many of Dan Murphy’s bottles of wine are Woolworths own brand wines and that’s just the tip of the iceberg.

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November 4

Aldi Gives Away Free Hampers to Testers Club Members

Posted by on November 4, 2015 at 8:03 AM

It’s interesting to see how different supermarkets deal with the various issues they face on the current Australian grocery landscape. On the one hand right now you have Woolworths supermarket warning all shareholders that its first half year profits could plunge by up to 35%. Whilst on the other hand, if Aldi’s cheaper prices weren’t enough of a big thank you to customers, the company is now giving out free hampers too.

Aldi Gives Away Free Hampers to Testers Club Members

Members of the Aldi Testers Club are currently enjoying the free goodies that they received last month, part of an annual program that the German supermarket chain has come up with in the hopes that it will provide invaluable feedback which they can use for competitive advantage. Why have they done this, I hear you asking, and where can you get your free hamper?

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October 31

Coles’ Backlash at Woolies’ New Rewards Scheme

Posted by on October 31, 2015 at 8:37 AM

The supermarket giants of our country are battling it out again to retain control of the $90 billion grocery market they currently control. This time the battle revolves around loyalty points schemes. Woolies on Wednesday 28th October launched their new Woolworths Rewards scheme, which claims to pay members back twice as quickly compared to Coles’ FlyBuys program.

Coles’ Backlash at Woolies’ New Rewards Scheme

Woolies have ditched the Qantas frequent flyer points and will now reward members with instant cash rewards at the till. In my eyes it has the potential to benefit a much larger pool of members, but do all of them agree? Besides looking into this, I’ll also delve into Coles’ retaliation arguing with the validity of Woolies’ claims as well as discussing which supermarket you’re likely to be better off buying from under each one’s respective schemes.

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October 21

ALDI’s Weird “Middle Isle” Products That Save Us Money

Posted by on October 21, 2015 at 8:24 AM

It’s no secret that ALDI are taking Australia by storm and don’t Coles and Woolworths know about it. The German brand has already announced their plan to open 120 new stores, much to the delight of consumers. Yet, the many weird and wonderful items that ALDI likes to sell are just as attractive to us it seems as the discounted foodstuffs it has on sale.

ALDI’s Weird Middle Isle Products That Save Us Money

If you are still unsure about what exactly I am referring to, then have a cast your mind back about that middle isle in any ALDI store. Yes, that one with all the weird products that you’ve either never heard of before or never knew existed. It’s these products that are also one of the keys to ALDI’s success and one of the reasons why the company has over $700 million to spend on moving into the SA and WA territories. By the time ALDI has finished this phase of expansion it will have 497 outlets all together across Australia.

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