The recent news that Coles, one of the nation’s largest supermarkets, has written to suppliers to demand they cut costs rather than request price rises comes as no surprise. Inflation is the ‘word of the year’. It’s the genie the Federal Government wants to slay and it’s the pressure point for every small business around the country.
Coles is firing newspaper in October, Coles said every business should “turn its mind” to reducing costs.