The Age
·general
·1 hour ago
Grocery giant warns food, staples prices rising, with more increases to come
Australia's Woolworths warned Wednesday that food prices will rise over the next three to twelve months due to fuel and fertiliser cost pressures. Chief executive Amanda Bardwell announced a three-month price freeze on 300 private-label items starting Friday, including bread, milk and eggs. The supermarket's third-quarter sales rose 5.9 percent to $13.8 billion.
Summary by Glance · The Age
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