The Age
·general
·2 hours ago
Woolworths manager admits price hikes driven by supplier requests during testimony
Woolworths manager Sam Woodcock testified on Thursday that planned price hikes and subsequent drops aimed at creating discounts were driven by suppliers' requests. He acknowledged that refusing these proposals could lead to suppliers ceasing to deliver products. The Australian Competition and Consumer Commission is currently investigating claims of misleading pricing practices by Woolworths in a Sydney Federal Court.
Summary by Glance · The Age
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