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Carrington Clarke

πŸ‘€ Speaker
5121 total appearances
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Podcast Appearances

ABC Business Daily
Is Coles' DOWN DOWN 'dead'?

So perhaps we are going to see even more legal matters coming to the fore as the ACCC flexes this muscle.

ABC Business Daily
Is Coles' DOWN DOWN 'dead'?

It'll be interesting to see what both the big supermarket giants end up saying.

ABC Business Daily
Is Coles' DOWN DOWN 'dead'?

Again, the Woolworths case hasn't been decided yet, but whether or not we will see a major change in their practices of discounting.

ABC Business Daily
Is Coles' DOWN DOWN 'dead'?

I mean, the Coles slogan, down, down, I think is pretty ingrained in most people's... Yeah, but we just heard that the chair of HLC asked about whether or not it should be retired.

ABC Business Daily
Is Coles' DOWN DOWN 'dead'?

She said that's the decision for them.

ABC Business Daily
Is Coles' DOWN DOWN 'dead'?

It now carries a certain amount of baggage.

ABC Business Daily
Is Coles' DOWN DOWN 'dead'?

Will we see it retired?

ABC Business Daily
Is Coles' DOWN DOWN 'dead'?

Will we move to a system where we don't have such constant sales?

ABC Business Daily
Is Coles' DOWN DOWN 'dead'?

Anyone who goes into a supermarket will see such an array of different stickers with different types of discounts.

549.9 View full episode β†’
ABC Business Daily
Is Coles' DOWN DOWN 'dead'?

Will we see a pairing back of that?

ABC Business Daily
Is Coles' DOWN DOWN 'dead'?

Obviously, they think it works, which is why they do it.

ABC Business Daily
Is Coles' DOWN DOWN 'dead'?

But maybe we will see a change in that practice where you'll have maybe less discounts.

ABC Business Daily
Is Coles' DOWN DOWN 'dead'?

numbers of specials, but they will mean something more meaningful.

ABC Business Daily
Is Coles' DOWN DOWN 'dead'?

It's going to be fascinating.

ABC Business Daily
Is Coles' DOWN DOWN 'dead'?

Now, the big question, of course, is, well, what will be that punishment?

ABC Business Daily
Is Coles' DOWN DOWN 'dead'?

You point out the Oztrak example, which I think is totally valid.

ABC Business Daily
Is Coles' DOWN DOWN 'dead'?

Those numbers can be eye-watering.

ABC Business Daily
Is Coles' DOWN DOWN 'dead'?

There is up to nine-figure punishment apparently available to Coles.

ABC Business Daily
Is Coles' DOWN DOWN 'dead'?

Unlikely you would think that we would get there, but who knows?

ABC Business Daily
Is Coles' DOWN DOWN 'dead'?

The ACCC says it will be making a submission.