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ACCC to live stream supermarkets enquiry

Inside Retail

In January, the inquiry was initiated in response to a directive from the Australian Government due to concerns about supermarket pricing practices, including the potential use of false or misleading “was/now” pricing and “special” promotions.

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Apparel business Hard Rock admits to resale price maintenance practice

Inside Retail

In a court-enforceable undertaking submitted to the Australian Competition & Consumer Commission, the company said it had required certain resellers not to sell its products below 10 per cent of the recommended retail price. It also warned about adjusting pricing or ceasing to supply products if the resellers did not agree.

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Woolworths and Coles drew consumer ire for cost-of-living pressures in 2024

Inside Retail

Pricing strategies, including the potential use of false or misleading was/now pricing and special promotions, and the relationship between retail prices and wholesale and farmgate prices, are being considered by the ACCC.

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How to Calculate Wholesale Prices & Profit Margins

Independent Retailer

When you first start your wholesale business, it can be tricky to find the right price to sell your merchandise. In order to calculate the best price, it requires a little math and a little research in your industry. Wholesale Price vs. Retail Price. What is the wholesale price?

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Reebok Pacific GM talks new Chadstone store and growth plans down under

Inside Retail

What we’ve seen since this handover is a period of exponential growth across our direct-to-consumer (DTC) channels, as well as with our wholesale distribution. Also coming out of Covid-19, a lot of supply chain costs and sourcing costs have gone up, which has forced [retail prices] to go up as a result.

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ACCC to conduct enquiry on Australian supermarkets’ pricing and competition

Inside Retail

The pricing practices of Australia’s supermarket near-duopoly are about to the the focus of a year-long enquiry by the government’s competition regulator, the Australian Competition and Consumer Commission (ACCC). The ACCC will examine competition in the supermarket sector and how it has evolved since the previous inquiry in 2008.

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5 Ways to Manage Retail or Wholesale Prices

RETAIL MANAGEMENT SOFTWARE

Price management is one of the most important operation in any retail or wholesale environment. Whether you’re managing prices for long-term or for seasonal cycles, you need to track and monitor each price for each SKU as well as keep an eye on inventories, especially at critical times.