Sep 17 2009
Super Market Giants
Before super markets were invented there where general stores. In general stores you don’t get the freedom to shop around, you come with a list and you ask for what you want the shop keeper will weigh it and put it into paper bags. The small super are getting less and lea business because big companies like Woolworths and Coles are getting bigger and bigger and small super markets are getting less business. The big super markets have got the entire thing the small super markets have and more.
Coles are very big company and are buying heaps of other companies so there out to the media. Coles own companies so like Bunning’s warehouse, Target and Kmart. Woolworths are the same the same but they own Big W and coltex. Woolworths want to buy in too Bunning’s warehouse.
People concerns about Woolworths and Coles dominating the market. The concern is that small super market owners are going run out of business because Coles and Woolworths would already have the product
ACCC are debating about stopping Big companies buying out other peoples companies because people are going broke. I don’t think companies should be allowed to buy out other companies because Woolworths and Coles are meant to be super markets not retailers.
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It’s for sure that we won’t be going back to the olden days when the store owner knew your grocery order and had a chat about the family and the weather while he packed your things into a brown paper bag for you. When companies get bigger, even though we don’t like it, we benefit from the cheaper prices they can offer us. It is us, the consumers that force changes in the market. People in Australia have become voracious consumers. They like to have lots of stuff and they want it at the lowest price. They have so much stuff they don’t need but they keep wanting more stuff. Small operators can’t meet their requirements so big companies take over. Remember The Story of Stuff http://www.storyofstuff.com/ Watch it again. It’s all our fault.
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