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2064 Inside Retail Weekly

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AFGC welcomes ACCC probe of grocery code BY CLAIRE HIBBIT I N S I D E T H I S I S S U E : The Australian Food and Grocery Council (AFGC) has welcomed the Australian Competition and Consumer Commission's probe of the newly implemented grocery code, stating the review, "underlines the importance and binding nature of the code". The ACCC announced publicly last week its intentions to investigate the implementation of the food and grocery code by retailers following reports new supply arrangements are not fair to small food and grocery producers. In the announcement, the watchdog singled out Woolworths and Aldi, with chairman, Rod Sims (pictured above), declaring the ACCC was concerned the two were presenting suppliers with contracts that limited negotiation. "The ACCC has concerns as to the manner in which some retailers, in particular Woolworths and Aldi, are presenting new grocery supply agreements (GSAs), which might give the impression that the supplier is not able to negotiate the terms of the GSA," ACCC chairman, Rod Sims, said. The voluntary code prohibits specific types of unfair conduct by retailers and wholesalers in their dealings with suppliers, and features an obligation to retailers and wholesalers to enter supply agreements in 'good faith'. It complements existing protections for suppliers under the Competition and Consumer Act 2010, including the unconscionable conduct provisions. Since the code's launch in July 2015, Coles, Woolworths, Aldi, and Sydney- based retailer, About Life, have signed up. However, Metcash and its IGA supermarkets are still yet to agree. Gary Dawson, CEO of the AFGC, told Inside Retail Weekly, the code is one of the most important developments in the retailer/ continued on p.2. INSIDE RETAIL WEEKLY FEATURE: The new Cranbourne Park Southeast Melbourne shopping centre reinvigorated. p16 FEATURE: So Frenchy, so D├ęclic French-inspired men's accessories retailer turns 25. p20 NEWS: Bellabox gets physical Australian e-commerce service to consider physical stores. p04 NEWS: Baby Bunting goes public Expanding baby goods retailer to list on ASX. p06 FEATURE: Suit up! An innovative omnichannel solution for men's tailor-made suits. p14 FEATURE: Penning success in business Inside the sustained success of Pens de Luxe Group. p18 Inside news and views on the world of retail since 1972 Sept 30 2015 F O R M O R E R E T A I L N E W S , V I S I T W W W . I N S I D E R E T A I L . C O M . A U I S S U E 2 0 6 4

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