ACCC

7-Eleven to work with franchisees on closures amid COVID-19

7-Eleven has been granted interim approval to work with franchisees to reduce trading hours or close stores amid a drop in customer demand due to COVID-19. The ACCC approved the move last week, as 7-Eleven own and operating stores in competition with its franchisees in some areas. ACCC chair Rod Sims said the move was

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ACCC put regional petrol retailers on fuel price watch

  The ACCC has put petrol retailers on notice, warning they should not use the slump in fuel prices as a chance to increase profits. The consumer watchdog is particularly focussed on regional areas, where it said lower prices have not been passed on to consumers. Global fuel prices hit a historic low this week

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COVID-19 pushes consumers to convenience

As COVID-19 continues to impact daily life, consumers are increasingly turning towards convenience stores to source essentials. The Australasian Association of Convenience Stores (AACS) CEO Jeff Rogut said consumers were favouring convenience stores for shopping as they were hyper-local, easily accessible and typically less crowded than supermarkets. A recent survey, How shoppers are using convenience stores

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Fuel companies can work together on supply, ACCC

The ACCC has granted interim approval for Australia’s major oil refiners and the representative body for the industry, the Australian Institute of Petroleum (AIP) to work together to secure fuel supplies throughout Covid-19. The move, announced yesterday, was made to ensure there was a steady supply of fuel both throughout the pandemic and for once

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COSBOA accuse supermarket giants of hoarding stock

  The Council of Small Business Organisations Australia have taken aim at Coles and Woolworths, claiming the supermarket giants have been buying up food and essentials to warehouse. COSBOA CEO Peter Strong claimed the two dominant grocery players were harming competition by making it harder for small businesses to access products which were already at

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Price gouging ads for hand sanitiser, toilet paper pulled from online selling sites

Hoaders attempting to sell their stockpile of hand sanitiser, toilet paper and other essential goods at inflated prices are having their ads pulled from eBay, Gumtree and Facebook. It come as supermarket shelves across Australia have been stripped of the now-premium goods, leaving many vulnerable people, including the elderly and health workers, unable to access

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