Posts by umbrella
Coles discounts big baskets to avoid being trumped by Woolworths
Sue Mitchell Dec 5 2016 AFR Coles is offering loyalty card holders discounts of up to 15 per cent on big basket shops to reinvigorate sales and avoid being trumped for the first time in years by a resurgent Woolworths. Morgan Stanley analyst Tom Kierath says Coles is pulling forward promotions and offering deeper discounts…
Read MorePhilip Morris Files FDA Application for Heat-Not-Burn
CSNews December 6, 2016, Decision on modified risk claim could come in 2018. SILVER SPRING, Md. — Philip Morris International (PMI) is preparing to bring its heat-not-burn tobacco product to the United States. The Europe-based tobacco company has submitted a Modified Risk Tobacco Product (MRTP) application for its electronically heated tobacco product with the Food…
Read MoreAmazon Go brick convenience store with no checkout queues should scare retail
Shelly Banjo Dec 6 2016 AFR As if traditional retailers didn’t already live in constant fear of rival Amazon.com, now the e-commerce giant is invading their home turf. On Monday US time, Amazon announced plans to open an 1800-square-foot (167 sq m) convenience store early next year, likely sending shudders through Walmart and Target, which…
Read MoreArticle Amazon trademarks reveal Australian ambitions
Sue Mitchell Dec 6 2016 AFR Online retailer Amazon has lodged more than 250 trademark applications in Australia ahead of the rollout of its general merchandise, fresh food and video streaming services in the next few years. If the sheer volume of trademark applications is any guide, Amazon has big ambitions for Australia’s $222 billion…
Read MoreFines for dudding consumers too low, Productivity Commission says
Misa Han Dec 7 2016 AFR The Productivity Commission says the $1.1 million maximum fine for breaching consumer laws was “too low” compared with what companies can gain. In a draft report released Thursday it says penalties for consumer law breaches should be brought into line with the $10 million fine for breaches of competition…
Read MoreMcDonald's to challenge Starbucks with 'posh' coffee
Saffron Alexander 7 DECEMBER 2016 Telegraph UK The McDonald’s rebrand is in full swing. Earlier this year the fast food chain dropped its clown-like red, yellow and white packaging and introduced bright colours on brown paper bags for a “simple and fresh” look to help it compete against trendy burger bars such as Byron and…
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