Home Australia Coles and Woolworths in price war with suppliers

Coles and Woolworths in price war with suppliers

68
0
Coles and Woolworths in price war with suppliers

Coles and Woolworths in price war with suppliers

The Motley Fool’s Scott Phillips says there’s an impending price war involving Australia’s two largest supermarkets and suppliers.

Early Newspaper

Coles is at the moment behind Woolworths in the sales bustle and Mr Phillips said at any time when this this occurs “by too long a level” it triggers a danger the establish aside the supermarkets sprint to suppliers and demand bigger reductions.

Suppliers are being requested for short-time period and everlasting price reductions despite the reality each supermarkets recorded double digit sale gains in 2020 attributable to the coronavirus.

Supply:
Coles and Woolworths in price war with suppliers