James Graham defends was/is pricing, saying suppliers had asked for higher prices and then supermarkets discounted themFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastColes has hit out at “politicised” attacks on the company amid rising grocery prices, and defended itself amid allegations of illusory was/is discount prices.The supermarket’s chair, James Graham, used his address at the company’s annual general meeting on Tuesday to argue it was wrong to blame supermarkets for rising prices because inflation is a complex, global issue.Sign up for Guardian Australia’s breaking news email Continue reading…
Source link : https://www.theguardian.com/business/2024/nov/12/coles-agm-chair-james-graham-cost-of-living-crisis-supermarket-inquiry-comments
Author : Jonathan Barrett Senior business reporter
Publish date : 2024-11-12 02:59:23
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Coles unfairly targeted by ‘politicised’ attacks, chair says, while calling illusory discount allegations ‘significant’
