Sobeys Inc. is moving to drop some controversial supplier pricing practices as the grocer works to streamline its operations and provide better deals for 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.
The country’s second-largest supermarket retailer wants to become more “transparent” and improve pricing and other aspects of the shopping “experience,” such as promotions, product offerings and service, he said.
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