'Price cuts will come': suppliers brace for new food fight
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 between the two supermarket giants. Suppliers fear a margin squeeze if Coles and Woolworths push for...
Source: afr.com