Coles, Woolworths join forces on trading hours push

 In Australia, Coles, NewZealand, Woolworths
In a rare sign of solidarity between Australia’s supermarket giants, Coles and Woolworths are both pushing for a standardised framework on trading hours and the loosening of the restrictions on the times they are allowed to operate.
Inconsistency across states and territories is a significant burden, which if harmonised, could result in millions of dollars in savings, both supermarkets argued in their submissions to the Productivity Commission’s Cost of Doing Business: Retail Trade Industry study.
"The benefits of allowing consumers and traders to decide for themselves when to shop are well established," Woolworths government relations manager Michael Samaras said. "The elimination of restrictive regulation in this area produces substantial and immediate positives and benefits of reform have been studied and examined exhaustively."
A 2013 report by the Queensland Competition Authority estimates removing current restrictions in the state would amount to a $200 million per year benefit, Woolworths said.
Coles highlighted the inconsistencies across Australia over the Easter and Anzac Day, 2013, with regards to trading hours, operating hours and whether they incurred public holiday penalty rates.  Sydney Morning Herald – Read more…

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