Food
Growing
- in the 12 months to September Australian retail turnover grew by 2.9% while
food grew by 3.75%. And that trend is a continuation of recent experience with
food growing by an average of 5.3% over the last 10 years while retailing
generally grew at 4.2%.
Kogan
Gatecrashes Click Frenzy Event - Online retailer Kogan has been issued with
a cease-and-desist letter after conducting its own Click Frenzy sale outside
the official event. Kogan said that nobody should own Christmas Day, Boxing Day
or Online Sales events. Kogan had shown interest in participating in last years
event but were put off by the $30,000 fee.
Coles
and Woolworths Code of Conduct - Coles and Woolworths are about to sign up
to a voluntary code of conduct, subject to ACCC ratification. This follows
complaints, particularly from smaller suppliers, that the supermarket duopoly
was abusing its power. Just in case you doubt that abuse claim we note that the
two supermarket giants will no longer be able to charge suppliers for goods
stolen from their supermarkets........Honestly?