15/07/2026
RETAIL WORLD JULY ISSUE OUT NOW!
Supermarkets to be monitored for ‘excessive pricing’
The ACCC will begin monitoring supermarket pricing from 1 July when the new ‘excessive pricing prohibition’ comes into force. The prohibition applies to retailers that have an annual revenue of more than $30 billion, which currently captures only Coles and Woolworths. New guidelines outline how the ACCC will monitor compliance with the prohibition and how it will assess whether Coles or Woolworths have engaged in excessive pricing. The ACCC will monitor supermarket pricing information and consider all relevant circumstances, including the cost to supply the product to consumers and what is a reasonable margin for the supermarket, to determine if a grocery product was excessively priced.
Williamson’s Foodworks Gisborne in regional Victoria, owned by the Williamson family since 1976, is marking this month’s milestone of reaching its half-century in business with a raft of promotions and activities for its customers and the community.
The Australian retail and FMCG industry came together last month to celebrate the next generation of leaders at the prestigious Joe Berry Award Gala, marking a significant milestone in the program’s 40-year history.
Leaders present updates on their performance, new initiatives, and how they’re adapting to market challenges in the Half-Year State of the Grocery Industry Report.
The $141.4 billion Australian grocery industry grew dollar sales by three per cent in the 52 weeks to 17 May. While this amounts to more than $4 billion in incremental sales, it marks the third successive year in which annual growth has softened compared with the previous 52 weeks. Circana observes another year of grocery market slowdown.
Read more in Retail World July issue.
https://emagazines.retailmedia.com.au/rw-july-2026