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ACCC to live stream supermarkets enquiry

Inside Retail

In January, the inquiry was initiated in response to a directive from the Australian Government due to concerns about supermarket pricing practices, including the potential use of false or misleading “was/now” pricing and “special” promotions.

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Woolworths and Coles drew consumer ire for cost-of-living pressures in 2024

Inside Retail

Pricing strategies, including the potential use of false or misleading was/now pricing and special promotions, and the relationship between retail prices and wholesale and farmgate prices, are being considered by the ACCC.

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Apparel business Hard Rock admits to resale price maintenance practice

Inside Retail

In a court-enforceable undertaking submitted to the Australian Competition & Consumer Commission, the company said it had required certain resellers not to sell its products below 10 per cent of the recommended retail price. It also warned about adjusting pricing or ceasing to supply products if the resellers did not agree.

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Morrisons unveils new and improved terms for independent retail partners

Retail Gazette

From July, all of its independent retail partners will have the opportunity to earn up to a 6% volume rebate, rising from the prior cap of 1.5%. Furthermore, over the summer, its independent retailers will become the first in the sector to have access to a supermarket loyalty scheme, as Morrisons More Card begins its phased launch.

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Best of 2024: From swoosh to stumble, can Nike regain its stride?

Retail Gazette

Back in 2017, Nike launched its Consumer Direct Offense, as it looked to expand its direct-to-consumer (DTC) business, and lower its reliance on wholesale accounts. That included saying goodbye to many wholesale partners as well as ending its high-profile Amazon. However, Rashid says this approach has hurt the business.“The

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How to Start a Reselling Business: A Complete Guide for Beginners

Small Biz Trends

Sourcing Products: Determine whether to source products through wholesale or retail channels. Thrift Flipping Thrift flipping focuses on sourcing second-hand items from thrift stores or garage sales and selling them at a higher price. Wholesale Reselling This model allows you to buy goods in bulk at discounted rates.

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They tried Made in the USA – it was too expensive for their customers

Inside Retail

After US President Donald Trump slapped a 145 per cent tariff on items imported from China in April, Kinoshita and Silverman sprung into action, investigating if retailers would be interested in selling a US made version of their human dog beds. For now, Chottani is keeping her wholesale price the same even as her costs have gone up.