Thursday, 17 March 2016

Supermarket Monsters by author and journalist Malcolm Knox

Did you know that according to author and journalist Malcolm Knox every man, woman and child in Australia spends on average $100 a week at Coles and Woolworths or one of their related retail businesses?

The companies each operate nearly 1000 supermarkets, as well as hundreds of petrol stations and other retail outlets, and more than 70 cents of every dollar spent in Australian supermarkets goes to Coles and Woolworths.
The supermarket chains are among the country’s largest employers: they employ a combined 400,000 people and according to Knox, only the state governments offer more work than the two corporations. Eighty-seven people start working for Woolworths every day of the year.

You can read more about the sheer dominance of Australia’s two market leading supermarket chains in his book, Supermarket Monsters.............

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