Remove pricing suppliers
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French Grocery Chain Adds ‘Shrinkflation’ Labels to Products in Bid to Shame Supplier Pricing

Retail Wire

French supermarket chain Carrefour has introduced “shrinkflation” warning labels on products that have reduced in size but increased in price, aiming to exert pressure on suppliers. The supermarket.

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Tesco looks to supplier cuts as it aims to lower prices faster than rivals

Retail Gazette

Tesco is leaning on suppliers to pass on cost savings as it strives to cut prices faster than its rivals. The grocery giant met suppliers on Thursday and made clear that it wanted to lead the way on price cuts as it described the market as moving “from inflation to deflation”, according to The Sunday Times.

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‘Not satisfied’: Regulator talks tough on Foodstuffs NZ merger

Inside Retail

This is based on our current view that in the factual, the merged entity may be able to unilaterally extract more favourable terms from suppliers than it would in the counterfactual because of an increase in its bargaining power relative to suppliers.” The value of those suppliers’ outside options would consequently be reduced.

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Milwaukee distributor hit with record fine for resale price maintenance

Inside Retail

Power tool supplier Techtronic has been fined $15 million for resale price maintenance conduct in relation to Milwaukee branded products. The penalties are the highest imposed for resale price maintenance in Australia, according to the Australian Competition & Consumer Commission (ACCC).

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What Coles and Woolworths chiefs told the supermarket pricing inquiry 

Inside Retail

The CEOs of supermarket giants Coles and Woolworths stated their cases to the Senate inquiry this week as the government looks into the allegations of price gouging and anti-competitive practices. The post What Coles and Woolworths chiefs told the supermarket pricing inquiry appeared first on Inside Retail Australia.

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The new Tiktok challenge waging war on the major supermarkets’ pricing

Inside Retail

Independent Queensland grocer Skippys Fresh Frootz has garnered attention on social media for its videos highlighting its low prices at a time when Australia’s major supermarkets are facing scrutiny for their lack of transparency in their price-setting practices.

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Is this the end of Australia’s supermarket duopoly?

Inside Retail

The allegations of price-gouging during a cost-of-living crisis by Australian supermarkets Coles and Woolworths could finally be the death knell of the duopoly that has long dominated the country’s grocery sector. In December last year, the Senate announced an inquiry into the price-setting practices and market power of major supermarkets.