Woolworths ordered to pay $3 million penalty for selling unsafe products

Esther Han 8:48 PM   Woolworths has been hit with a $3 million penalty for selling faulty home-brand goods that injured consumers and for failing to meet recall requirements.

Comments 13

Dick Smith float looks like window dressing

Michael West

There are plenty of questions to be answered about the failed chain's financial health when it was sold to shareholders.

Lite n' Easy warns customers not to eat salad in its meals over salmonella scare

One of the Coles salads included in the recall.

Esther Han 7:43 PM   Lite n' Easy has warned its customers to not eat the salad component of meals delivered this week because it may be contaminated with salmonella.

Investigators lose confidence in 7-Eleven amid claims worker beaten

7-Eleven has budgeted $25 million for back-pay claims.

Exploited 7-Eleven workers are still being forced to hand pay back to their bosses and at least one has been beaten, a Senate inquiry has heard

Dick Smith inquiry puts Anchorage on the spot

Anchorage's Phil Cave, left, and then Dick Smith boss Nick Abboud.

Anchorage Capital Partners' Phil Cave is likely to be called by a senate committee to answer questions about the collapse of electronics chain Dick Smith.

Woolworths threatens Mitre 10 with ACCC action

Woolworths has threatened to refer Mitre 10 to the ACCC after it invited top performing Home Timber & Hardware ...

Metcash could derail Woolworths' sale of its Home Timber & Hardware business if it can woo the top performing Home franchisees across to the Mitre 10 network.

Woman finds big, alive spider in Woolworths salad mix

A huntsman at Taronga Zoo.

It appears salmonella might not be the only thing you could catch yourself finding in lettuce and salad mixes.

Consumer affairs

Woolies facing $4m unsafe product hit

Woolworths is under fire for selling faulty homebrand products that caused harm to consumers.

Esther Han   Watchdog argues that Woolworths should be hit with a $4 million penalty for selling faulty products.

Comments 6

Salmonella outbreak linked to Coles and Woolworths lettuce

One of the Coles salads included in the recall.

An urgent national recall has been issued for pre-packaged lettuce that is linked to a salmonella outbreak.

Coles makes Chinese New Year error

Cute monkey - shame the sign calls it a goat.

Supermarket chain Coles is helping consumers celebrate the Year of the Monkey by selling lucky bamboo - the only problem is the attached label says "goat".

Missing millions date back to Woolies ownership

Dick Smith's receiver Ferrier Hodgson has shut down the 27 concessions in David Jones stores.

Dick Smith receiver Ferrier Hodgson has uncovered as much as $2 million in underpaid staff entitlements dating back to Woolworths' ownership of the electronics chain.

Tabcorp has a bet each way on in-play

Tabcorp CEO David Attenborough says it would launch its own in-play product should the federal government legalise it as ...

Perry Williams   Tabcorp will risk the wrath of the racing and clubs industries and operate in-play betting on live sports should it be legalised, despite slamming rival digital-only international bookmakers who already offer the service to punters.

Woolworths director departs Hydrox board as hardware exit nears

Walking away: a Woolworths non-executive director has quit the board of its hardware joint venture as Woolworths ...

Sue Mitchell   Woolworths non-executive director Scott Perkins has stepped down from the board of Masters.

Fantastic shareholders call on chairman to buy them out

Fantastic chairman and major shareholder Julian Tertini may step in as executive chairman after the departure of two key ...

Sue Mitchell   Shareholders in budget furniture retailer Fantastic Holdings have called on chairman and major shareholder Julian Tertini to privatise the company.

Blackstone sizes up Masters

Masters is believed to have attracted the interest of global private equity giant Blackstone.

Catie Low   Global private equity giant Blackstone is understood to be running the ruler over Woolworths' loss-making Masters business.

Lululemon billionaire Chip Wilson reinvents himself

Lululemon founder Dennis "Chip" Wilson with his wife, Shannon, at their Bronte home: "Lululemon became a teenager who ...

Katherine Rosman   Chip Wilson, the Vancouver billionaire who founded and fell out with Lululemon, believes deeply in being on time, and a future reunion with the yogawear company.

No need to fret, Apple's doing fine

Wall Street wasn't particularly thrilled with Apple's quarterly results, but Tim Cook has good reason to smile.

Farhad Manjoo   Despite what you may have heard, the iPhone is not dying. Neither, by extension, is Apple.

Comments 2

McDonald's halves its tax bill

McDonald's has more than halved its 2014 tax bill.

Nassim Khadem   The fast food giant is under fire after sending hundreds of millions of dollars through Singapore.

Comments 6

Coles deal with shop union under further scrutiny

The under-payment issue is embarrassing for Coles which employs 77,000 staff.

Ben Schneiders and Royce Millar   A cosy deal between Coles and the shop assistants union that would have left tens of thousands of workers underpaid is under further scrutiny

Book Depository stocking up in Australia

Dymocks managing director Steve Cox has criticised publishers for selling books directly to international retailer Book ...

Sue Mitchell   Online book retailer Book Depository has predicted a boom in Australian book sales overseas.

7-Eleven appoints former detective for wage fraud inquiry

A former police officer will investigate claims of serious breach of workplace laws at 7-Eleven stores.

Patrick Hatch   Scandal-plagued convenience chain 7-Eleven has appointed a former police officer to investigate criminal activity and fraud inside its Australian empire.

Aldi aims to squeeze rivals in SA, WA

Aldi's SA stores incorporated some of the in-store improvements the supermarket chain has trialled  in other locations.

Simon Evans   Aldi says there's no need to fine-tune its business model for the South Australian market, where Foodland is almost as large as Woolworths and Coles.

Woolies asks M&C Saatchi to refresh its brand

Woolworths is struggling to get the right balance between quality and value in its  advertising.

Sue Mitchell   Woolworths is working on a new supermarket advertising campaign after appointing its third creative agency in five years, ending its relationship with Leo Burnett.

Aussie throws book at Amazon

Owners of Booktopia Steve Traurig, Tony Nash and Simon Nash.

Sue Mitchell   The battle of the books is set to intensify as Australians vow to take challenge to an international behemoth.

Comments 22

Fat, raunchy and headed for Australia

Carl's Jr advertisements, like this one featuring model Charlotte Mckinney, have been controversial in the United States.

Patrick Hatch   American fast-food chain, Carl's Jr, noted for its raunchy ads will launch a front in Australia's burger wars on Tuesday.

Bega eyes baby formula to fill cheese gap

Bega is betting on packaged cheese to boost its sales.

Jared Lynch   Bega Cheese is facing a revenue hole of more than $100 million after Coles ditched the dairy company to supply its private-label cheeses.

Kathmandu boosts profit guidance

Kathmandu CEO Xavier Simonet has upgraded the adventure clothing's first-half profit forecasts.

Sue Mitchell   Kathmandu's decision to fight off a hostile $324 million takeover offer has been vindicated following a strong rebound in sales and earnings, shareholders say.

Winter is coming to Myer and David Jones

Jennifer Hawkins poses in the Myer Marquee at the Birdcage on Oaks Day at Flemington Racecourse on November 5, 2015 in ...

Melissa Singer   For decades, Myer and David Jones have been proverbial twins in the department store landscape but this winter, change is in the air.

The danger of buying iPhones at auction

iPhone and iPads that are activation locked are being flogged on websites such as eBay and Gumtree. They are essentially ...

Esther Han   Suzanne McCarthy's excitement over her new purchase turned to anger very quickly.

ACCC's 'smoking gun' against Woolies

The ACCC case caps off a horror year for Woolworths.

Sue Mitchell   A scheme cooked up to plug a hole in profits may end up costing Woolworths millions if the Federal Court upholds claims that Woolworths acted unconscionably.