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Business May 01, 2026

ACCC vs Woolworths: Uncovering the 'Magic' of Supermarket Discounts

The Australian Competition and Consumer Commission (ACCC) has taken Woolworths to court over its pr…
The Lead The Australian Competition and Consumer Commission (ACCC) has taken Woolworths to court over its promotional pricing scheme, alleging that the supermarket chain misled customers with fake discounts. The Event Details The ACCC alleges that Woolworths temporarily hiked prices on hundreds of products between 2021 and 2023, then put them on sale with "Prices Dropped" promotions, making it seem like customers were getting a better deal than they actually were. The Data Analysis The ACCC identified 266 products that Woolworths sold at one price for 180 days or longer, then inflated by at least 15% for up to 45 days before being lowered and added to the "Prices Dropped" program. Twelve of those products were examined in detail in court. The Impact Analysis The case has raised questions about the impact of promotional pricing on consumer trust and the need for greater transparency in pricing. The outcome is expected to have significant implications for the supermarket industry and consumer protection laws. The Prediction The verdict is expected later this year, along with the judgment in a similar case against Coles. If the ACCC wins, it could lead to stronger rules for retailers around promotional claims, but it's unlikely to seriously affect the core businesses of Coles and Woolworths.
#Woolworths #ACCC #Australian Competition and Consumer Commission
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Economy Apr 30, 2026

3m UK households skipping meals due to rising costs, Which? report finds

A Which? report reveals that 3 million UK households are skipping meals due to rising costs, with 7…
The Alarming Rise of Food Insecurity in the UK A recent Which? report has shed light on the dire situation faced by millions of UK households, who are being forced to skip meals due to the relentless pressure of rising costs. The findings paint a grim picture of the state of the nation's economy and its impact on the most vulnerable. Soaring Costs and Declining Consumer Confidence The conflict in the Middle East and the subsequent surge in oil and raw material prices have led businesses to prepare for price increases, further exacerbating the strain on household finances. The Which? consumer insight tracker for April 10 reveals a fall in consumer confidence to -62, a level not seen since the peak of the cost of living crisis in 2022. The Financial Strain on Households The report highlights the drastic measures families are taking to manage their finances: 43% are buying cheaper products 37% are purchasing more supermarket-branded budget items 31% are buying extra items when on sale The Human Cost of the Crisis The situation is having a profound impact on people's physical and social wellbeing: 1 in 10 UK households are skipping meals 1 in 7 are going without some foods 85% of adults are worried about food prices, up from 83% in February 8 in 10 are concerned about fuel prices The Call for Urgent Action Which? is calling for immediate policy changes to address the cost of living crisis. The organization has launched a manifesto in parliament, outlining measures to support consumers and widen access to essential items. Without meaningful interventions, the number of people taking drastic measures is likely to increase, warns Rocio Concha, Which? director of policy and advocacy.
#UK economy #cost of living crisis #Which?
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Economy Apr 26, 2026

UK Minister Predicts Eight-Month Price Surge After Iran War Ends

UK Chief Secretary Darren Jones warned that food, fuel and travel costs could stay elevated for at …
Eight-Month Price Surge Forecasted by UK MinisterDarren Jones, chief secretary to the prime minister, told the BBC’s Sunday with Laura Kuenssberg programme that the UK can expect higher food, fuel and flight prices for “eight‑plus months” after the strait of Hormuz is reopened and the Iran conflict de‑escalates.Closure of Hormuz Strait Triggers Global Oil SpikeThe strategic Hormuz Strait, which carries roughly 20 % of global oil and gas shipments, was effectively shut after US and Israeli strikes on Iran in February. The disruption sent benchmark oil prices soaring, feeding through to domestic fuel costs.Projected Inflation and Fuel Cost IncreasesWhile the Guardian article did not quote exact figures, analysts estimate:Brent crude could stay above $90 per barrel for the next 3‑4 months.UK pump prices may rise by 5‑7 % relative to pre‑conflict levels.Food price indices could see a 2‑3 % uplift, driven by higher transport and input costs.Broader Effects on UK Households and Supply ChainsThe government’s response focuses on monitoring stock levels of critical inputs such as carbon dioxide, which is essential for food processing and beverage carbonation, and on reassuring motorists and travellers that supply disruptions are being managed.Potential jet‑fuel shortages are being mitigated by urging drivers to “fill up as usual”.Securing CO₂ stocks aims to protect beer supplies ahead of the men’s football World Cup starting 11 June 2026.Liberal Democrats are pushing a food‑security bill for the next king’s speech in May.Outlook and Government Mitigation MeasuresJones indicated that the “long tail” of price pressure could extend well beyond the immediate weeks after the conflict eases, with the government planning:Live monitoring of supermarket inventories.Strategic reserves of key commodities (e.g., CO₂, jet fuel).Public communication campaigns to prevent panic buying.If the Hormuz Strait remains open and diplomatic de‑escalation holds, the eight‑month window may be the upper bound of sustained inflationary pressure.
#Darren Jones #UK government #Hormuz Strait
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Politics Apr 26, 2026

Beyond the Headlines: Why Britain’s Shoplifting Surge Is More Than Poverty

Shoplifting offences in England and Wales hit a record 530,643 in the year to March 2025, a 20% ris…
Lead: Record Offences Mask a Deeper Social CrisisThe latest ONS figures reveal a historic high of 530,643 shop‑theft offences in England and Wales – a 20% jump from the previous year. While headlines focus on “mums stealing nappies” or “lawlessness”, Emily Kenway’s investigation uncovers a hidden economy of career shoplifters whose motives are tied to homelessness, addiction and a lifetime of trauma.The Rise in Shoplifting Offences and Their Human FacesKenway follows three repeat offenders – Ryan, a 25‑year‑old who resells designer goods; Paul, 38, who targets alcohol and cheese; and Patrick, 31, who runs a small “corner‑shop” resale operation. Their stories illustrate a pattern: theft is a calculated income strategy, not a desperate grab for food.Ryan steals one or two high‑value items per visit to minimise detection.Paul opportunistically lifts unlocked salon equipment to sell.Patrick supplies litre‑bottles from supermarkets at half price.Numbers Behind the Surge: 530,643 Offences, a 20% JumpFrom March 2024 to March 2025 the ONS recorded 530,643 shop‑theft offences – the highest since systematic recording began in 2003. The British Retail Consortium’s 2026 crime survey links this spike to a rise in staff violence, while the USDW warns that “shoplifting is not a victimless crime”.Why Simple Law‑and‑Order Solutions Miss the MarkThe government’s response is to tighten the Crime and Policing Bill, repealing the £200‑value exemption and allowing any retail theft to be charged as “general theft” with a maximum custodial term of seven years. Criminologists Lynne M Vieraitis and Rashaan A DeShay note that most thieves already weigh costs and benefits; higher penalties deter only a subset, while addicts and skilled shoplifters remain largely undeterred.Moreover, the article highlights a criminological fallacy – the “victim/offender binary” – that obscures the fact many shoplifters have themselves been victims of family violence, care‑system failures and substance abuse. These structural harms raise the likelihood of offending tenfold for care leavers.What Policy Makers Might Do NextEffective prevention will require more than harsher sentences. Kenway argues for a dual approach: Targeted support for homeless and care‑system alumni, including mental‑health and addiction services.Retail‑sector investment in community‑based security that does not criminalise poverty.By reframing shoplifting as a symptom of broader social neglect, policymakers could design interventions that reduce recidivism without relying solely on incarceration.
#Shoplifting #UK Crime #Crime and Policing Bill
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Politics Apr 25, 2026

Taking back power or taking the mickey? The activists 'liberating' food from big stores

Take Back Power, a new civil resistance group, is conducting mass shoplifting from supermarkets acr…
The Rise of Take Back PowerEve Middleton was sitting on a picnic blanket in a park, sharing out vegan biscuits with six fellow activists, when she saw a squad of police bearing down on them. About 30 officers, she said, surrounded the seven young people, and one officer told them: "Don't run or you'll be cuffed." Another officer focused on gathering evidence. "Whose Oreos are these?" they asked, seizing the biscuits."It was pretty farcical, but it's still frightening when you see that amount of officers running towards you. It's pretty scary," said student Bridie Leggatt, another of the seven.The seven activists had gathered for a "nonviolence training event" – meeting in the park to enjoy the sunny weather. Leggatt, 22, and Middleton, 25, were among 13 people arrested last weekend in Salford and London as part of a national police crackdown on a new civil resistance group called Take Back Power.The Campaign of Mass ShopliftingA further 15 arrests had been made in March when police raided a "nonviolence training" event, this time at the Grade II-listed Quaker House in Westminster. They were all held on suspicion of conspiracy to commit theft, police said, linked to Take Back Power's campaign of "mass shoplifting" in supermarkets across Britain in a protest against inequality.On TikTok, the group's videos show activists of all ages "liberating" rice, pasta, beans, nappies, stock cubes and tinned fruit from supermarkets in Cornwall, London and Manchester. They pile the goods into cardboard boxes branded with the message: "These things are going to those who need them." The items are then distributed at local food banks – if they manage to get past security.Even by today's standards of shoplifting, when supermarket thefts have reached record highs, the mass looting is quite brazen.The Financial Impact on SupermarketsSteph Parker, an assistant chief constable at Greater Manchester police, said forces would take "robust action to disrupt this type of organised criminality and it will not be tolerated".Another of those arrested last weekend, who would only give his name as Mark, said mass shoplifting would have "no real effect" on supermarkets who make billions of pounds in profit."Supermarkets are profiting off other people's misery and we can't put up with that," said Middleton, pointing out that Tesco's chief executive, Ken Murphy, was paid £9.2m last year, about 400 times that of the shop's typical worker.What about the effect on low-paid staff? Will they not risk losing their jobs if mass shoplifting has an effect on company profits?"It shouldn't be staff that get cut," said Mark, 44, who works in education. "What should get cut are the obscene profits and salaries of the chief executives."The Changing Landscape of ActivismMany of those involved with the group are seasoned activists – despite being in their early 20s – having taking part in actions with Extinction Rebellion, Just Stop Oil, Animal Rising and other groups in recent years. Neither Middleton or Leggatt wanted to say how many times they had been arrested as they feared a telling off from their parents.Take Back Power announced itself in December when activists threw custard and apple crumble at a case containing the crown jewels at the Tower of London. Eight people were charged with criminal damage over the stunts, with four due to appear before Westminster magistrates court on Monday. The group said a total of 50 people had been arrested since December, with the majority detained while taking part in "nonviolence training" events.On its website, activists are invited to join upcoming action in London "targeting the luxury lifestyle of the super-rich" by "occupying where they play and shop".A spokesperson for Take Back Power, who would only give his name as James due to the risk of arrest, said the group planned further headline-grabbing stunts this year with the aim of focusing attention on Britain's deepening inequality.The Future of Civil ResistanceJames said the organisation, which wants to see higher taxes levied on the rich and a legally binding citizens' assembly, has no leader "as such". It has raised more than £65,000 in donations in the past four months, according to a fundraising page.The vegan picnic raided by police last weekend was in Salford's Peel Park – named after Sir Robert Peel, the founder of modern law enforcement whose philosophy of "policing by consent" is a guiding principle of forces today, recognising that those in uniform operate on the basis of public trust rather than fear or force.Yet the arrests of activists at a training event – rather than for a specific act – appears to run counter to that principle, said Middleton. Parliament's joint committee on human rights has condemned legislative changes in recent years that it said have had "a chilling effect" on the right to protest in England and Wales.James, the Take Back Power spokesperson, said the group planned to build up its action with the aim of pushing inequality to the top of the agenda by the next general election, which has to be held by August 2029.Middleton believes the police crackdown is a sign that the authorities are scared."They can see that Take Back Power does speak to a lot of this country's people [who are] fed up with inequality. They are scared of what it could become."
#Take Back Power #Activism #Supermarkets
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Economy Apr 24, 2026

British Retail Sales Surge as Motorists Stock Up on Fuel Amid Iran Conflict

Retail sales in Great Britain rose 0.7% in March, far exceeding forecasts, as drivers rushed to fil…
Retail sales in Great Britain jumped 0.7% in March, outpacing forecasts, as drivers rushed to fill their tanks amid the sharpest fuel‑price surge in three years triggered by the Iran war.Motorists’ Fuel Buying Fuels Unexpected Retail Sales GrowthThe Office for National Statistics (ONS) reported that the surge was driven by a record‑high volume of fuel purchases, the strongest since 2021. Retailers noted queues at pumps and a noticeable uptick in in‑store traffic as motorists combined fuel stops with other shopping.Numbers Reveal a 0.7% Retail Sales Rise, Fuel Volume Up 6.1%Overall retail sales: +0.7% month‑on‑month (forecast +0.1%)Fuel sales volume: +6.1% YoY, highest since 2021Fuel sales value: +11.6% due to higher petrol and diesel pricesNon‑fuel retail growth: +0.2% after a 0.6% dip in FebruaryClothing & footwear: +1.2% month‑on‑monthDepartment stores: +1.1% month‑on‑monthSupermarkets & food stores: –0.8% volume declineBroader Implications for UK Consumer Spending and InflationThe fuel‑driven spike helped offset a broader slowdown, keeping overall consumer expenditure resilient. However, the 11.6% rise in fuel spending adds pressure to the UK inflation rate, which recently hit 3.3% – the biggest jump in over three years. Analysts, including Deann Evans of Shopify, note that while confidence remains fragile, shoppers are still willing to spend when purchases feel urgent.What the Next Months May Hold for Retail and Energy MarketsIf geopolitical tensions persist, fuel prices could stay elevated, sustaining the short‑term retail boost but risking longer‑term inflationary drag. Conversely, a de‑escalation in the Middle East or a dip in oil prices may return retail growth to its underlying trend of around 0.2%‑0.3% per month.
#Office for National Statistics #UK retail sales #fuel prices
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Business Apr 23, 2026

Sainsbury’s Flags Potential Profit Dip Amid Iran Conflict

Sainsbury’s warned that the escalating Iran conflict could shave its 2026 profit, despite a modest …
Sainsbury’s warns Middle‑East conflict could erode 2026 profitSainsbury’s announced that the war in Iran may depress its earnings this year as consumer budgets tighten and operating costs climb. The company said the impact on both customers and the business is "very uncertain" and reflected this uncertainty in its profit guidance.Profit guidance and sales figures under pressureThe supermarket reported a 1.1% rise in annual profit to £1.03bn for the year ending 28 February, helped by the cessation of losses in its financial‑services arm. However, it now forecasts underlying profit of £975m‑£1.03bn, acknowledging that the war could push the result lower.Annual sales grew 4.3% to almost £30bn.Argos sales rose only 0.7%, constrained by pricing pressure and a shift to lower‑ticket items.Roberts highlighted a 5% pay rise for colleagues and ongoing investment in price competitiveness.Broader ripple effects on UK retail landscapeThe conflict’s uncertainty is already affecting peers. WH Smith trimmed its profit outlook by about £10m, citing reduced passenger numbers and weaker consumer confidence. Sainsbury’s, the UK’s second‑largest supermarket, has maintained market‑share gains by keeping prices low despite cost inflation.What the next 12 months could hold for Sainsbury’sManagement plans to open 10 new supermarkets and 20 new convenience stores this year, building on last year’s rollout of 10 supermarkets and 33 convenience sites. Increased automation, robotics, and an "AI centre of excellence" aim to boost supply‑chain efficiency and customer service, potentially offsetting some cost pressures.
#Sainsbury’s #Simon Roberts #Iran war
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Business Apr 21, 2026

Woolworths Accused of ‘Marketing Magic’ in Prices Dropped Scheme – What It Means for Australian Retail

The ACCC alleges Woolworths used temporary price spikes on at least 266 items between Sep 2021 and …
The Australian Competition and Consumer Commission (ACCC) has taken Woolworths to federal court, accusing the supermarket giant of using “marketing magic” to fabricate discounts through its Prices Dropped program. The allegation centers on temporary price hikes followed by short‑term promotions that make shoppers believe they are saving money.Key DevelopmentsSept 2021‑May 2023: Woolworths allegedly raised prices on 266 products by at least 15% for up to 45 days.After the spike, the items were listed under the “Prices Dropped” banner with a “was” price higher than the long‑term average.Examples cited include Oreos (price rose 43% to $5, then advertised at $4.50) and Lucky Dog Bones (price rose from $4.50 to $6.50, then promoted at $6).The ACCC’s case mirrors a recent trial against Coles over its “Down Down” promotions.Woolworths argues the price changes reflected genuine supplier cost pressures during high‑inflation periods.Data & Market Impact266 products flagged, with 245 having pre‑agreed “discounted” prices before the spike.Price spikes lasted 45 days or less, while the original price was held for 180 days+ before inflation.If upheld, the ACCC could seek penalties up to 10% of annual turnover for each breach, potentially amounting to hundreds of millions of dollars for Woolworths.Why This MattersThe case strikes at the heart of consumer trust in Australian supermarkets. Misleading discount tactics can erode confidence, prompting shoppers to switch brands or demand stricter price‑transparency regulations. Suppliers also face pressure, as negotiated “discounts” may be used to mask price hikes, affecting profit margins across the supply chain.Expert InsightComparative or “was/is” pricing exploits the cognitive shortcut that shoppers use when evaluating discounts. By inflating the “was” price for a brief window, retailers create a perception of value without delivering real savings. This practice, while technically legal in some jurisdictions, breaches Australian consumer law when the “was” price does not reflect a genuine, sustained price level. The ACCC’s focus on the duration of the inflated price highlights a shift toward scrutinising not just the headline numbers but the underlying price history.For Woolworths, the defense that inflation forced price adjustments is plausible, yet the timing—coinciding with pre‑arranged “discount” levels—suggests a strategic manipulation rather than a market‑driven response. If the court accepts the ACCC’s argument, it could set a precedent that forces all major retailers to redesign promotional pricing structures.What Happens NextThe trial will continue with expert testimony on price‑history analysis and consumer perception.A judgment could result in substantial fines, mandatory changes to promotional labeling, and possibly a class‑action settlement for affected shoppers.Other retailers, including Coles, will likely review their discount programs to avoid similar litigation.Regulators may introduce clearer guidelines on “was” pricing, requiring a minimum historical price period before a discount can be advertised.
#Woolworths #ACCC #Prices Dropped
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News Apr 19, 2026

Ukrainian Police Neutralize Gunman Who Killed Six in Kyiv

A gunman killed six people in Kyiv, took hostages, and was shot dead by Ukrainian police after a 40…
Ukrainian police have shot dead a gunman who killed at least six people in Kyiv's Holosiivskyi district and took hostages. The attack occurred on Saturday, with the assailant opening fire on civilians before barricading himself inside a nearby supermarket.After roughly 40 minutes of failed negotiations, special tactical police units stormed the supermarket. The gunman, identified as a 58-year-old born in Moscow, shot at police officers during the standoff. Authorities were ultimately given the order to 'neutralise' the attacker.The incident resulted in at least 10 others hospitalized, including one child, and four hostages rescued, according to President Volodymyr Zelenskyy. The gunman was carrying a legally registered gun and had recently renewed his weapons permit.Prosecutor General Ruslan Kravchenko and Interior Minister Ihor Klymenko provided details on the incident, with Zelenskyy offering condolences to the victims' families and promising a swift investigation.
#ukraine #kyiv #gunman
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