#Tag
My conclusion after Cole’s began it’s response to the ACCC was that “Cole’s really was out of touch with what it’s shoppers thought”. For an industry with record profits, the money has to come from somewhere and it is either the suppliers are being squeezed or it’s the shoppers being ripped off.
#coles #accc
My conclusion after Cole’s began it’s response to the ACCC was that “Cole’s really was out of touch with what it’s shoppers thought”. For an industry with record profits, the money has to come from somewhere and it is either the suppliers are being squeezed or it’s the shoppers being ripped off.
#coles #accc
Everyday people are sick of being played at the checkout. For years, #Coles and #Woolworths have jacked up the price of everyday items, then days later slapped a "special" tag on them – at a price higher than they were before.
Now, the ACCC is taking Coles to court over exactly this. #Woolies is next. And new laws to curb excessive #grocery pricing are set to take effect from July.
https://getup.to/8eGzxQH8CdeGTW
#ausgov #politas #australia #auspol #tasgov #taspol #classwar #eattherich #oppression
Everyday people are sick of being played at the checkout. For years, #Coles and #Woolworths have jacked up the price of everyday items, then days later slapped a "special" tag on them – at a price higher than they were before.
Now, the ACCC is taking Coles to court over exactly this. #Woolies is next. And new laws to curb excessive #grocery pricing are set to take effect from July.
https://getup.to/8eGzxQH8CdeGTW
#ausgov #politas #australia #auspol #tasgov #taspol #classwar #eattherich #oppression
Coles tells court its Down Down promotions were ‘fair dinkum’ discounts and did not mislead shoppers https://www.theguardian.com/business/2026/feb/17/coles-discounts-accc-court-down-down-promotions
@drrimmer
Well they (Coles) would say that, wouldn’t they? It seems pretty clear what they did. First jacked up prices for a few weeks, then reduced them - BUT NOT back to, or under, the previous price, but above it. 🤔
And if Coles thinks we can’t spot a pattern this blatant… well shareholders: SACK that CEO & save yourselves the money for your dividend that way.😁
While we’re at it, how much money is the Coles Board hoovering up? More savings right there.
Now let’s talk about insider trading… 🤔🙂
#Colesworth #Coles #downDown #shareholders
