FMCG Views and News
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 [...]
Continue Reading The Age – Coles turns the screw on suppliers
Tags: ari sharp, coles trading terms, store refurbishment, the age
Well as I have been saying Schweppes was on the market and being spied from Japan. Got the country right but the company wrong. Drinks giant Asahi Breweries has bought the Schweppes business from Cadbury PLC. This is subject to The Coca Cola Company not using its last offer rights, which it holds for 90 [...]
Continue Reading Got it Wrong!
Tags: ACCC, asahi, cadbury, coca cola, pepsi, schweppes, suntory, the age
Woo Ho – is the tide turning in Australia. The lower interest rates and Rudd’s cash injection have definitely had an impact on consumer confidence. As reported in The Age Online today; “The Westpac/Melbourne Institute consumer sentiment index, rose by 7.5 per cent in December to 92.0 index points, and this follows a 4.3 per [...]
Continue Reading Surge in Consumer Confidence!
Tags: confidence, consumer confidence, index, melbourne, the age, westpac
Frank additions yesterday from Coles CEO – Ian Mcleod as reported in The Age; “If you’ve got a CEO (Brian Quinn) that ends up in jail and you end up firing your merchandise director (Peter Scott) for corruption, it’s a bit tricky for people to actually have belief in the leadership,” he said. What about [...]
Continue Reading Coles – A Basket Case?
Tags: brian quinn, ceo, coles, Ian Mcleod, john fletcher, peter scott, reinvestment, sol lew, the age, trading terms, wesfarmers
