WOW 1.16% $31.86 woolworths group limited

Four Corners - Supermarket Power, page-22

  1. 219 Posts.
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    Err No. that was the whole point of the program. Did u actually watch it or just not understand?
    There are two retailers that control the market for both customers and suppliers.
    IGA sell articles at equally if not higher prices as they are generally more local and suit the inpromptu small grocery shop. You pay for convenience
    ALDI compete in selected urban shopping centres but also have a limited range and equivalent prices as they can't afford to get in a price war with Coles/Woolworths. Coles Woolworths tried but failed to block them when they arrived with aggressive discounting. The three declared a truce & reverted to gouging.
    Costco are very few and far between - there is 1 in Perth for 2 million cashed up FIFO workers so are you going to drive there more than once a month?
    Commercial media are not going to publicise this as the ad spend from the retailers is worth too much to anger them.
    As you saw the smug arrogance of Banducci and the nasty looking woman from Coles - they both are laughing at Australian consumer and farmers.
    Labour are missing an opportunity to hammer them but are too scared to act.
 
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