E15: What were they actually doing? - Price Spreads Report Pt 5
11/03/22 • 23 min
We're getting near the end of the discussion on the department and chain stores. This episode will be a look into the specific actions of the chain and department stores that worried the Commission. These behaviors were lumped into mass buying and price concessions, and competitive practices in retail trade. Price concessions are between mass buyers and suppliers, retail trade is between mass buyers and other retailers.
This is a perfect time for this episode - the Canadian Competition Bureau just announced a market study of the Canadian grocery industry. Basically, the Competition Bureau is going to look into 'competitive practices in retail trade'. again.
Note: It was 2013 when Future Shop closed.
The behaviors the Commission looked into are:
- Mass Buying and Price Concessions
- Trade Discounts
- Cash Discounts
- Quantity Discounts
- Free Deals and Premiums
- Advertising Allowances
- Demonstrators
- Competitive Practices in Retail Trade
- Loss Leaders
- Deceptive Packaging
- Short Weighing
- Misleading Advertising
Links from today's episode:
We're getting near the end of the discussion on the department and chain stores. This episode will be a look into the specific actions of the chain and department stores that worried the Commission. These behaviors were lumped into mass buying and price concessions, and competitive practices in retail trade. Price concessions are between mass buyers and suppliers, retail trade is between mass buyers and other retailers.
This is a perfect time for this episode - the Canadian Competition Bureau just announced a market study of the Canadian grocery industry. Basically, the Competition Bureau is going to look into 'competitive practices in retail trade'. again.
Note: It was 2013 when Future Shop closed.
The behaviors the Commission looked into are:
- Mass Buying and Price Concessions
- Trade Discounts
- Cash Discounts
- Quantity Discounts
- Free Deals and Premiums
- Advertising Allowances
- Demonstrators
- Competitive Practices in Retail Trade
- Loss Leaders
- Deceptive Packaging
- Short Weighing
- Misleading Advertising
Links from today's episode:
Previous Episode
E14: The Price Spreads Report, part 4 - Chain Stores
Links from today's episode:
- What Happened When Wal-Mart left Town?, The Guardian
- What Happens When Wal-Mart Leaves a Small-Town?
- With 269 Stores Closing, Is this the Beginning of the End for Wal-Mart, ILSR
- The Wal-Mart Effect, by C,harles Fisman
- Hamster, I know life is hard for you... blog post
- Best Buy Snaps Up Future Shop for $580 million
- Future Shop stores closed across Canada some to rebrand as Best Buy
Next Episode
E16: How to fix retail? - Price Spreads Report part 6
This episode is perfect timing. We're looking at the recommendations the Price Spreads Commission is making to try to fix the retail industry in the 1930's, and on November 17, 2022 our Federal Government announced a review of our current Competition Act. A lot of the recommendations made in the 1930's are still relevant, and we can make today. Listen to this episode and learn what ideas we need to reuse.
Links from today's episode:
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