Page 32 - Gary Mortimer News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Thursday, 29 July 2021, 1:31 pm Are we paying too much for our groceries? Hmm. Is the Pope a Catholic? Given that the two Australian supermarket chains that dominate our grocery industry routinely rack up profits in the order of $22 billion annually, that’s a no-brainer. Yet as with New Zealand’s other socio-economic problems created by our 1980s reforms, the practical solutions seem pretty thin on the ground. As with banking, electricity generation/retail pricing, the fledgling telecommunications sector etc those hallowed “free market forces never really had a dog’s chance of functi...

Source: Reuters/Loren Elliott. A move by Coles to ditch plastic collectables as part of its broader efforts to improve its environmental credentials shows how sustainability is fast becoming the new frontier for Australian retailers.  The supermarket giant’s Little Shop collectable promotion was once so popular that shoppers would fight over the miniature plastic toys, and opportunistic sellers cashed in by selling complete sets on Gumtree.  But following consumer backlash in 2019 — which was also directed at similar promotions from rival Woolworths — and feedback from its own custome...

The ‘Martyrdom Effect’: Why Your Pain Boosts A Charity’s Gain Share Published 7 hours ago: July 19, 2021 at 12:00 pm This weekend, participants in the Kokoda Challenge will complete a gruelling 96-kilometre overnight trek to raise money for youth programs. Why are people willing to go to such extremes of pain, effort and embarrassment to raise money for a charity? Wouldn’t it be easier simply to donate, and ask their friends to do likewise? Humans are primarily driven to seek positive and pleasurable experiences, and to avoid negative ones such as pain and effort. But research shows ...

Campos Coffee acquisition highlights international interest in Aussie SMEs Source: supplied. Aussie coffee roastery Campos Coffee has been acquired by listed multinational giant JDE Peet’s, almost 20 years after it opened its first Sydney cafe in 2002. Headed up by founder Will Young, Campos is now served in some 600 cafes throughout the country. The value of the acquisition has not been disclosed, and the deal is still subject to pre-closing conditions. It is expected to be finalised some time next month. In a statement, Young said he and the team are “incredibly proud” of what the bus...

MAISON de SABRÉ store taps into trend of luxury pop-ups MAISON de SABRÉ co-founders Zane and Omar Sabré. Source: Supplied Premium personalised leather accessories brand MAISON de SABRÉ has launched a Sydney pop-up store in collaboration with Sony. Located in Pitt Street Mall in the CBD, it is the e-commerce company’s first and only retail store worldwide.  MAISON de SABRÉ was founded by Gold Coast brothers Omar and Zane Sabré in 2017. With more than 100,000 customers worldwide in 2019, the online-only retailer hit $10 million in revenue in its second year, with year-on-year average g...