Coles wants suppliers’ help in cutting prices as shoppers seek deals
Carrie LaFrenzSenior reporter
Coles chief executive Leah Weckert says keeping supermarket shelf prices down will require the cooperation of suppliers to ensure customers, who are shopping around more than ever, get a good grocery deal.
Ms Weckert, who was hauled before a Senate inquiry earlier in April along with outgoing Woolworths boss Brad Banducci, said suppliers and Coles would need to help fund discounts to lift sales volumes, which remains in positive territory.
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Carrie LaFrenz is a senior journalist covering retail/consumer goods. She previously covered healthcare/biotech. Carrie has won multiple awards for her journalism including financial journalist of the year from The National Press Club. Connect with Carrie on Twitter. Email Carrie at carrie.lafrenz@afr.com
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