Rules of the Trade, retail Trade

Call to prevent retailers using Republic as secret ‘honey pot’ - Consumer News & Advice | Pricewatch, Money Advice | The Irish Time - Wed, Oct 23, 2013: "The committee accused large multiples and wholesalers of “exerting undue pressure on pricing” on producers and said that some were being coerced and bullied into funding promotions and discounts but were afraid to reveal how they were being “squeezed out of the market” by big retail chains out of concern that their products would be delisted.
“There are serious concerns that the current imbalance of power between suppliers and retailers is unsustainable in the long term and that the family farm structure and primary producers are being squeezed out of the market,” the reports says.
The committee expressed “serious concern” over “hidden costs arising from additional fees and market support initiatives” and said such practices should “not be tolerated” and called for heavy penalties to be introduced on a statutory basis for retailers “found to be engaging in illegal practices”."

'via Blog this'