The Age
·general
·3 hours ago
‘Absolute tsunami’ of price rise requests led Woolworths to change internal rules
Woolworths revised its internal pricing guidelines in response to a surge in supplier requests to raise shelf prices amid inflation, former executive Paul Harker testified on Wednesday in Federal Court. Harker noted the company's 'Prices Dropped' program aimed to deter price manipulation. The case concerns Woolworths' alleged misleading discount promotions during escalating cost-of-living pressures.
Summary by Glance · The Age
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