Coles cuts some lamb prices for two weeks sheepcentral.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sheepcentral.com Daily Mail and Mail on Sunday newspapers.
âPrice cuts will comeâ: suppliers brace for new food fight
Save
Share
Food and grocery suppliers are bracing for pressure on pricing and margins amid a new battle for market share between Coles, Woolworths and Metcash, as food retailers cycle sales growth inflated by panic spending 12 months ago.
Coles and Woolworths have been approaching suppliers in recent weeks and asking them to fund temporary and permanent price reductions, adding to growing fears of a new price or marketing war between the two supermarket giants.
Suppliers fear a margin squeeze if Coles and Woolworths push for price cuts when commodity costs are rising. Â