SMH
·general
·2 hours ago
‘Absolute tsunami’ of price rise requests led Woolworths to change internal rules
Woolworths altered its internal pricing guidelines in response to a surge of supplier price rise requests, a former executive testified in federal court on Wednesday. Paul Harker noted that inflation pressures prompted the company to reduce its price establishment window from 8 to 12 weeks to 3 to 6 weeks. The ACCC's case alleges misleading discount promotions amid rising costs.
Summary by Glance · SMH
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