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…

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Philip 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…

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Article 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…

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Fines 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…

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McDonald'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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