'Never seen a reputational crash as dramatic': Distrust in Coles and Woolworths soars

Malaysia News News

'Never seen a reputational crash as dramatic': Distrust in Coles and Woolworths soars
Malaysia Latest News,Malaysia Headlines
  • 📰 SBSNews
  • ⏱ Reading Time:
  • 6 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 89%

Australia's most and least trusted brands have been revealed, with the two major supermarkets falling down the rankings.

Australians have become significantly less trusting of Coles and Woolworths, with both major supermarkets dropping down Roy Morgan's latest quarterly rankings. Woolworths had held the top spot on the trusted brand list since May 2020 when it overtook Bunnings, but dropped to second place in December 2023 amid accusations that it and rival Coles were engaging in price-gouging practices .

The biggest overall improvements in the trust rankings came from Nintendo , Cotton On , and Youi .

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

SBSNews /  🏆 3. in AU

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

‘We have got a lot of work to do’: Woolworths ‘out-traded’ as it trails Coles‘We have got a lot of work to do’: Woolworths ‘out-traded’ as it trails ColesOutgoing chief executive Brad Banducci says cost-of-living pressures have hit the supermarket giant.
Read more »

WOW ASX: Woolworths March quarter sales grew 1.5 per cent, thumped by ColesWOW ASX: Woolworths March quarter sales grew 1.5 per cent, thumped by ColesSupermarket sales grew only 1.5 per cent in the March quarter as rival Coles managed 5.1 per cent, and Brad Banducci says shoppers will keep cutting back.
Read more »

Woolworths and Coles supermarkets targeted in new cashless bombshellWoolworths and Coles supermarkets targeted in new cashless bombshell7NEWS brings you the latest local news from Australia and around the world. Stay up to date with all of the breaking sport, politics, entertainment, finance, weather and business headlines. Today's news, live updates & all the latest breaking stories from 7NEWS.
Read more »

Coles and Woolworths could face shock new government powersColes and Woolworths could face shock new government powersSupermarket duopoly Coles and Woolworths could face criminal penalties if found to be overcharging customers, according to stringent recommendations from a damming new review.
Read more »

Trust in Coles, Woolworths sinks amid rise in cost of living and public scrutiny, survey showsNew survey data shows tanking public trust in the Coles and Woolworths brands in the wake of regulatory and government inquiries and the rise in the cost of living.
Read more »

Trust in Coles, Woolworths plummets after worst reputation damage in seven yearsTrust in Coles, Woolworths plummets after worst reputation damage in seven yearsThe supermarket giants&x27; reputation will continue to fall in the coming months, according to findings from a new survey.
Read more »



Render Time: 2025-02-25 00:19:52