{"id":101148,"date":"2025-02-07T07:50:00","date_gmt":"2025-02-06T20:50:00","guid":{"rendered":"https:\/\/en.econostrum.info\/au\/?p=101148"},"modified":"2025-02-06T20:39:04","modified_gmt":"2025-02-06T09:39:04","slug":"coles-slashes-2500-products","status":"publish","type":"post","link":"https:\/\/en.econostrum.info\/au\/coles-slashes-2500-products\/","title":{"rendered":"Coles Slashes 2,500 Products\u2014What\u2019s Disappearing from Shelves?"},"content":{"rendered":"\n<p>Australia\u2019s second-largest supermarket chain, <strong>Coles<\/strong>, has confirmed plans to <strong>remove approximately 2,500 products<\/strong> from its shelves\u2014representing <strong>10% of its total range<\/strong>. The decision, aimed at <strong>eliminating duplication<\/strong>, will impact various categories, with <strong>salt and haircare products among those set for reductions<\/strong>.<\/p>\n\n\n\n<p>The move is part of a <strong>broader strategy<\/strong> to simplify stock management and focus on more profitable lines. While Coles insists the decision will benefit customers, <strong>consumer advocates and market analysts express concerns<\/strong> over the impact on pricing, supplier dynamics, and competition in the Australian grocery sector.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>A strategic cut or a market power play?<\/strong><\/h2>\n\n\n\n<p>Coles first <strong>signalled its intention<\/strong> to streamline its product range during an <strong>investor presentation in late 2024<\/strong>, where <strong>operations and sustainability officer Anna Croft<\/strong> outlined the retailer\u2019s plan to <strong>rationalise stock and reinvest in high-demand categories<\/strong>. The supermarket argues that <strong>stocking too many variations of the same product<\/strong> creates inefficiencies, both in-store and in the supply chain.<\/p>\n\n\n\n<p>Analysts say such <strong>range reductions are common practice in retail<\/strong>, allowing <a href=\"https:\/\/en.econostrum.info\/au\/major-retailers-abolish-penalty-rates-worker\/\" data-type=\"post\" data-id=\"100787\">supermarkets <\/a>to prioritise more profitable products. Hailey Kim, an investment analyst at Wilson Asset Management, described the move as <strong>\u201cvery much part of their normal course of business\u201d<\/strong>, noting that Coles is expected to see <strong>a short-term boost in profitability<\/strong> as a result.<\/p>\n\n\n\n<p>However, not all industry experts agree on the benefits. Professor <strong>Gary Mortimer<\/strong>, a retail specialist at Queensland University of Technology, noted that supermarkets had <strong>expanded their supplier base during the COVID-19 pandemic<\/strong> to counteract supply chain disruptions. Now, in a more stable market, retailers are consolidating offerings, focusing on core brands.<\/p>\n\n\n\n<p>Despite assurances that the move will lead to a <strong>more efficient shopping experience<\/strong>, some warn that it may <strong>ultimately reduce consumer choice<\/strong>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Consumer concerns over competition and pricing<\/strong><\/h2>\n\n\n\n<p>One of the biggest <strong>concerns <\/strong>surrounding Coles\u2019 decision is the <strong>potential impact on <a href=\"https:\/\/en.econostrum.info\/au\/petrol-prices-expected-to-skyrocket-above-2-liter-in-sydney-expert-tips-to-beat-the-price-hike\/\" data-type=\"post\" data-id=\"100617\">pricing <\/a>and competition<\/strong>. By <strong>narrowing its product range<\/strong>, Coles may <strong>strengthen its influence over suppliers<\/strong>, creating a marketplace where fewer brands compete for shelf space.<\/p>\n\n\n\n<p>Associate Professor<strong> Andy Schmulow<\/strong>, from the University of Wollongong\u2019s law school,<strong> <\/strong>cautioned that reducing product diversity could ultimately give Coles <strong>greater leverage<\/strong> over manufacturers, particularly those supplying <strong>Coles&#8217; own-brand alternatives<\/strong>.<\/p>\n\n\n\n<p>Consumer advocacy group Choice has urged regulatory scrutiny, calling on the <strong>Australian Competition and Consumer Commission<\/strong> (<a href=\"https:\/\/www.accc.gov.au\/\" target=\"_blank\" rel=\"noopener\">ACCC<\/a>) to closely monitor the impact on shoppers. Campaigns director Rosie Thomas said the organisation remains \u201copen-minded\u201d but wants to ensure that consumers are not left worse off as a result of the supermarket\u2019s strategy.<\/p>\n\n\n\n<p>Meanwhile, Coles maintains that these changes are aimed at simplifying the shopping experience and insists that it regularly consults customers about product offerings. Its competitor <strong>Woolworths <\/strong>has not yet announced any similar strategy. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Coles has announced a major shake-up, removing thousands of products from its supermarkets in an effort to simplify offerings. While the retailer says this will streamline shopping, industry experts warn of unintended consequences. <\/p>\n","protected":false},"author":10,"featured_media":101150,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[44],"tags":[],"class_list":["post-101148","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33","no-featured-image-padding"],"_links":{"self":[{"href":"https:\/\/en.econostrum.info\/au\/wp-json\/wp\/v2\/posts\/101148","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/en.econostrum.info\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/en.econostrum.info\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/en.econostrum.info\/au\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/en.econostrum.info\/au\/wp-json\/wp\/v2\/comments?post=101148"}],"version-history":[{"count":4,"href":"https:\/\/en.econostrum.info\/au\/wp-json\/wp\/v2\/posts\/101148\/revisions"}],"predecessor-version":[{"id":101157,"href":"https:\/\/en.econostrum.info\/au\/wp-json\/wp\/v2\/posts\/101148\/revisions\/101157"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/en.econostrum.info\/au\/wp-json\/wp\/v2\/media\/101150"}],"wp:attachment":[{"href":"https:\/\/en.econostrum.info\/au\/wp-json\/wp\/v2\/media?parent=101148"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/en.econostrum.info\/au\/wp-json\/wp\/v2\/categories?post=101148"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/en.econostrum.info\/au\/wp-json\/wp\/v2\/tags?post=101148"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}