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July 24, 2021
But less certain is what if any steps the commission might recommend to increase competition or bring down prices for consumers. Consumer Affairs Minister David Clark said in November when he announced the review that New Zealand had one of the “most concentrated retail grocery markets in the world” and there were indications that competition in the sector had weakened over time. One competition expert believed Countdown and Foodstuffs, which owns the New World, Pak’n Save and Four Squ...
June 10, 2021
The ACCC will not oppose Woolworths' (ASX: WOW) acquisition of 65 per cent of the shares in wholesale food distributor PFD Food Services, following a...
May 29, 2021
Today, several large associations within the foodservice industry announced the formation of the Canadian Food Industry Collaborative Alliance to build a code of practice for retail and supply.
May 29, 2021
Canada's largest retail trade body has joined calls for a grocery code of conduct – although its demands have sparked concerns.
May 27, 2021
Article content The trade association representing Canada’s biggest supermarket chains is joining calls to establish a formal set of rules for grocers and their suppliers, a significant about-face that could accelerate the campaign to check the power of the most dominant players in the Canadian grocery business. Food producers have for months been pushing the government to legislate a code of conduct that would stop bully tactics in the grocery industry after some large grocers implemented ne...
May 11, 2021
Woolworths (ASX:WOW) share price higher on PFD acquisition news James Mickleboro | May 11, 2021 10:14am | More on: In morning trade, the retail conglomerate’s shares are up 1% to $41.00. What is moving the Woolworths share price today? This morning the Australian Competition and Consumer Commission (ACCC) provided an update on its thoughts on Woolworths’s proposed acquisition of leading foodservice supplier PFD Food Services. This followed the receipt of responses from Woolworths and PFD ...
April 27, 2021
iSignthis Ltd (ASX:ISX) Graeme Samuel AC Appointed to the Board of ClearPay Graeme Samuel AC Appointed to the Board of ClearPayMelbourne, April 27, 2021 AEST (ABN Newswire) - NSX Limited ( ASX:NSX) announces that the Board has appointed Professor Graeme Samuel, AC as a non-executive director effective 27th April 2021. Professor Samuel will also join as a non-executive director of NSXs wholly owned subsidiary, the National Stock Exchange of Australia Limited ("NSXA") once the required pr...
April 27, 2021
NSX Ltd (ASX:NSX) Director Appointment - Graeme Samuel AC Director Appointment - Graeme Samuel ACSydney, April 27, 2021 AEST (ABN Newswire) - NSX Limited ( ASX:NSX) announces that the Board has appointed Professor Graeme Samuel, AC as a non-executive director effective 27th April 2021. Professor Samuel will also join as a non-executive director of NSXs wholly owned subsidiary, the National Stock Exchange of Australia Limited ("NSXA") once the required procedures are complete in accordan...
April 26, 2021
âPrice cuts will comeâ: suppliers brace for new food fight Save Share Food and grocery suppliers are bracing for pressure on pricing and margins amid a new battle for market share between Coles, Woolworths and Metcash, as food retailers cycle sales growth inflated by panic spending 12 months ago. Coles and Woolworths have been approaching suppliers in recent weeks and asking them to fund temporary and permanent price reductions, adding to growing fears of a new price or marketing war ...
March 12, 2021
Labor takes a jab STICKING IT TO THE MAN? © Provided by Crikey Scott Morrison covid-19 astrazeneca vaccine Labor has accused the Morrison government of reneging on its commitment to “fully vaccinate” Australians by October, with Guardian Australia reporting that health department officials cited supply constraints and the longer 12-week window between AstraZeneca doses mean some people may have to wait until December for their second shot. Health secretary Professor Brendan Murphy how...