Woolworths has sacked three executives from their fresh food buying team for breaching the company’s code of conduct. The breaches are thought to relate to supply arrangements made with wholesalers at the Sydney Market, but this has yet to be confirmed. “Woolworths recently investigated an alleged breach of the company’s code of conduct,” a Woolworths spokeswoman told The Australian. “We have a zero-tolerance approach for any breach of policy and unfortunately had to... ...Read more »

Peak retail industry body the Australian Retailers Association (ARA) has welcomed the Joint Committee on Corporations and Financial Services’ report on the inquiry into the Franchising Code of Conduct tabled in parliament yesterday. Chair of the Parliamentary Joint Committee on Corporations and Financial Services, Bernard Ripoll, flagged two major changes to the Code. “To assist the Australian Competition and Consumer Commission in its enforcement role, the committee recommends the introduction... ...Read more »

Peak retail industry body the Australian Retailers Association (ARA) has hit out at the Federal Parliament’s announcement to have another Inquiry into the Franchising Code of Conduct and demands it ‘be the last’. The inquiry, which began on June 25, is to determine whether or not improvements to the Code are required. ARA Executive Director and former CEO of the Franchise Council of Australia, Richard Evans, is bemused by the Parliamentary Corporations and Financial Services Committee’s... ...Read more »