Woolworths Grocery Basket Now Cheaper Than Coles

 In Aldi, Australia, Coles, NewZealand, Woolworths
Grocery prices at Woolworths and Coles are still more expensive than at Aldi, but the gap has fallen sharply as the big chains invest more than $1 billion into promotions and shelf prices.
And for the first time in years, Woolworths can now honestly claim that a basket of groceries at Australia’s largest supermarket chain costs less than an almost identical basket at Coles.
According to a survey by Credit Suisse, a basket of 110 packaged groceries and fresh food at Woolworths cost $573 last week, compared with $586 at Coles and $465 at Aldi. Sydney Morning Herald – Read more…

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