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More shenanigans in supermarket sector (Read 337 times)
bogarde73
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More shenanigans in supermarket sector
Jul 31st, 2015 at 10:22am  
http://www.smh.com.au/business/retail/metcash-accused-of-trying-to-thwart-coles-...

In amongst the anti-Metcash propaganda is the news (well it is to me) that:
1. Coles is trying to take over the SupaBarn business, consisting of 9 supermarkets in NSW and the ACT. And you can see from the article how many Coles already has in the ACT.

2. The ACCC enquiry into competition in the supermarket sector is due to report in September.
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cods
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Re: More shenanigans in supermarket sector
Reply #1 - Jul 31st, 2015 at 10:26am  
bogarde73 wrote on Jul 31st, 2015 at 10:22am:
http://www.smh.com.au/business/retail/metcash-accused-of-trying-to-thwart-coles-...

In amongst the anti-Metcash propaganda is the news (well it is to me) that:
1. Coles is trying to take over the SupaBarn business, consisting of 9 supermarkets in NSW and the ACT. And you can see from the article how many Coles already has in the ACT.

2. The ACCC enquiry into competition in the supermarket sector is due to report in September.




its what it is...at least coles is australian...

I am sick of seeing aussie brands go off the shelves to be honest,.
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Very_Vinnie
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Re: More shenanigans in supermarket sector
Reply #2 - Jul 31st, 2015 at 10:36pm  
cods wrote on Jul 31st, 2015 at 10:26am:
...at least coles is australian...






Very_Vinnie wrote on Jul 31st, 2015 at 4:36pm:
Profits from Aldi do NOT go to "Germans" - aside from immediate members of Germany's wealthiest family

NO-one outside of this family owns (or can own) Aldi shares
Aldi is NOT listed on any stock exchange

Unlike the Australian owned Coles and Woolworths - where ANY Australian can become shareholders, including Australia's many superannuation funds

The VAST bulk of Coles and Woolworths flows back to ordinary, everyday Australians - through one channel or another
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