Shoppers

Landmark finding against supermarket giant after competition watchdog argued discounts did not represent genuine savingsColes misled Australian shoppers with fake discounts on everyday grocery products, the federal court has ruled in a landmark decision for the supermarket industry.Justice Michael O’Bryan handed down his judgment on Thursday, delivering a significant blow to Australia’s second largest supermarket chain, which had argued the discounts represented genuine savings during a period of high inflation. Continue reading...

Brand owner Mondelēz was accused of reducing weight of Alpine Milk bar from 100g to 90g without significantly altering the packagingMany chocolate lovers consider shrinkflation a serious crime – and they have been vindicated after a German court ruled that the makers of Milka cheated consumers by cutting the bar’s size, while keeping the wrapper the same.The three-week case in a regional court was brought by Hamburg’s consumer protection office. It accused the chocolate brand’s US owner Mondelēz of deceiving shoppers by cutting the weight of Milka’s classic Alpine Milk bar from 100g to 90g without significantly altering the distinctive purple packaging. Continue reading...

Millions are dipping into savings or borrowing to get by as the Iran war drives up prices, survey showsThe Iran war has led to a surge in pessimism in the UK as half of households are already struggling to afford everyday essentials.The escalating conflict in the Middle East, which has driven the price of oil, gas, crop fertiliser and other raw materials sharply higher, threatens to cause another cost of living shock. Continue reading...