Small retailers seek tough stance on supermarket giants

The Federal Government's recently launched competition policy review has set the scene for a bloody battle over the increasing market dominance of supermarket giants Coles and Woolworths.

Among the proposals is one to beef up competition law by introducing an "effects test", which would enable regulators to take strong action if strategies of the big supermarkets have the effect of killing smaller competitors - even if the retail giants claim their actions were innocent.

Independent supermarkets say at the rate Coles and Woolworths are expanding, smaller competitors will become extinct unless action is taken.

from Retail http://ift.tt/1nGWCrh

via IFTTT

Underground movement: Orange businessman pushes for alternative solution to Anson Street parking woes

An Orange businessman is urging the city's council to adopt a cheaper option to solve carpark issues in Anson Street.

from Retail http://ift.tt/1rDQvBG

via IFTTT

Woolies and Coles continued to increase fresh food dominance

Morningstar senior equity analyst Tim Montague-Jones says Woolworths and Coles have a lot more scope to keep growing their fresh food businesses, at the expense of independent fresh food retailers and supermarkets.



from Retail http://ift.tt/1jg7toO

via IFTTT

Sears Customers Can Access Millions-Strong Online Community

The department store chain's community-building initiative continues with assistance and advice from millions of fellow shoppers via online and mobile interface.



from Latest News RSS http://ift.tt/1mamhJh

via IFTTT

Most Wesfarmers retail struggling to emulate Bunnings momentum

It's one hundred years since GJ Coles opened his first eponymous variety store in Melbourne and, while a lot has changed since then one thing hasn't, and that's the variety side of the ledger.

from Retail http://ift.tt/QXzHu0

via IFTTT

Woolworths sales growth outpaces Coles

Woolworths has posted faster sales growth than Coles, in a sign it is regaining momentum in the supermarket battle.

from Retail http://ift.tt/QXiwca

via IFTTT

Apple Prepares for Retail Revamp

As Apple triples its retail stores in Greater China and expands its footprint to 15 countries, the retailer is focused on more than just placing pressure on retailers like Best Buy - it's emerging from its own shadow. Former Burberry CEO Angela Ahrendts joins the company to help lead the retail team in new directions.



from Latest News RSS http://ift.tt/QUX3k1

via IFTTT