article thumbnail

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.

article thumbnail

Opinion: Why the current supermarket inquiries are so threatening 

Inside Retail

Over the decades, Australia’s major supermarkets have emerged from various parliamentary and regulatory agency inquiries, not to mention political, media, union and consumer group pressures, relatively unscathed. This time supermarkets are caught in a political quagmire and the repercussions of an economic and social reset.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Save A Lot Completes Transition to Wholesaler with Sale of 18 Stores

Retail TouchPoints

Save A Lot has relicensed its 18 remaining corporate-owned supermarkets, completing its strategy of shifting ownership and operations of all locations to independent licensed ownership. The time was right for us to step fully into our role as a licensed wholesaler and put all operations in the hands of our dedicated retailers.”

Wholesale 222
article thumbnail

In for a penny, in for a pound: Thailand’s Central bets big on wholesale

Inside Retail

Thai retail conglomerate Central Retail (CRC for short) has launched full-on into the wholesale business under the name Go Wholesale, and is planning to give CP Axtra — parent company of retailer Lotus’s and wholesaler Makro — a run for its money. It operates 164 wholesale units, of which all but 10 are in Thailand itself.

Wholesale 130
article thumbnail

How the World Cup could be a nightmare for Britain’s supermarkets

Inside Retail

The winter World Cup has added a new level of uncertainty to the Christmas trading outlook of Britain’s supermarkets: How do you persuade cash-strapped shoppers to buy yule logs and luxury biscuits at the same time as beer and pizza? But with household budgets squeezed, supermarket chains are bracing for less of a sales bonanza. .

article thumbnail

RAC: Supermarkets have doubled fuel margins since Ukraine war

Retail Gazette

UK supermarkets have more than doubled their margins on fuel since the start of the war in Ukraine , according to recent data from the RAC. RAC fuel spokesman Simon Williams said the decline could have been even sharper if supermarket pump price reductions were “in line with cheaper wholesale costs”. for petrol and 5.7p

article thumbnail

To Make Merger More Palatable, Kroger and Albertsons Boost Store Divestment Count

Retail TouchPoints

billion merger, Kroger and Albertsons have increased the number of supermarkets they plan to divest by 166 , for a total of 579 stores. The retailers also have increased the corporate and office infrastructure they would sell to C&S Wholesale Grocers , as well as additional private label product lines, for a total of approximately $2.9

Grocer 214