Retail in Asia

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Coles boss lashes suppliers, saying woes are of their own making

Coles boss Ian McLeod has hit back at claims that supermarkets are forcing local manufacturers to the wall, saying suppliers to companies such as Coles were looking for "convenient excuses" to cover up their own failings.

The comments from McLeod, known for his pugnaciousness, comes as soap-maker Cussons blamed competitive pressures from supermarkets’ in-house products, in part, for its decision to close its Victorian factory at a cost of 92 jobs.

UK-based Cussons announced this week that it was closing down its plant in Dandenong, shifting production to interstate and offshore factories.

(Source: The Australian)