News

Changing Supplier Pricing Policies

Sobeys is changing some of their supplier pricing practices to streamline its operations and provide better deals for their shoppers.
“Marc Poulin, chief executive officer of Sobeys, said in an interview that the steps the retailer is taking with its suppliers are aimed at removing the ‘complexity’ and administrative cost of deducting multiple payments from vendors for such things as bulk buying and flyer promotions.”

 

Sobeys has been busy integrating its purchase of Safeway Canada.  With operations located mainly in Western Canada, Safeway as well as other grocers have been challenged with a weaker economy (because of oil prices) where some customers are seeking discount formats to shop in.