The Age has picked up on the Coles Trading Terms issue in today’s paper and online. In an article by Ari Sharp it highlights the tension between Coles and Suppliers and indicated that there are ongoing demands for more terms and the offer of nothing in return. That is except if you count maintaining your listings or reducing your losses as nothing.
Bend Over
The money is being earmarked by the buyers as for “Store Refurbs”, and there is no negotiation, it is take it or leave it.
Have a read of The Age article and comment if you dare!
Tim
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