What Coles and Woolworths chiefs told the supermarket pricing inquiry
Inside Retail
APRIL 17, 2024
The CEOs of supermarket giants Coles and Woolworths stated their cases to the Senate inquiry this week as the government looks into the allegations of price gouging and anti-competitive practices. For Coles, the supermarket chain makes $2.60 And, it is consistent with profit margins made by supermarkets overseas,” she explained.
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