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ACCC to conduct enquiry on Australian supermarkets’ pricing and competition

Inside Retail

The pricing practices of Australia’s supermarket near-duopoly are about to the the focus of a year-long enquiry by the government’s competition regulator, the Australian Competition and Consumer Commission (ACCC). The ACCC will examine competition in the supermarket sector and how it has evolved since the previous inquiry in 2008.

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You Can’t Spell Retail Without AI

Retail TouchPoints

AI helps grocery managers optimize staff, advising on how many employees and checkout lanes are required. It can also increase self-checkout, reducing the number of employees required to keep the store running effectively. Price Optimization is for all Retailers. For shoppers, AI helps improve the customer experience.

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Kiwis ‘not served well’ by grocery duopoly, but report reactions mixed

Inside Retail

Several submissions advocated splitting the wholesale and retail arms of the two players, Woolworths NZ and Foodstffs, thus reducing their ability to influence prices through convenience stores and independent retailers. In addition, Covid has brought about further, more recent, steep cost increases.

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A cost-of-living crisis is brewing in Asia. Here’s what it means for retail

Inside Retail

At first, it seemed like Asia might get off lightly – most governments and professional economic forecasters in the region said so – but cost of living pressures are rising across the continent, with food, energy, rent and labour costs now all key drivers of retail price inflation. Japan is an excellent case in point.

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