Hey B man I have a wicked idea, government to introduce mandatory labelling on food items similar to the energy efficiency label on electrical appliances. The label would have a mandatory profit margin declaration, to be fair not the difference between buy and sell prices but the profit after operating costs associated with that item. Ye…
Hey B man I have a wicked idea, government to introduce mandatory labelling on food items similar to the energy efficiency label on electrical appliances. The label would have a mandatory profit margin declaration, to be fair not the difference between buy and sell prices but the profit after operating costs associated with that item. Yep I can hear the howling now, damn sure that would bring about competition
I've thought about such a Health Star style labelling system, but encompassing broader set of sustainability criteria: Health, Water, Materials, Carbon... potentially some kind of Affordability measure
Affordability may not be an indication of reasonable pricing, my thought was to introduce a measure to curb supermarket profiteering to the obscene levels being presently enjoyed.
Hey B man I have a wicked idea, government to introduce mandatory labelling on food items similar to the energy efficiency label on electrical appliances. The label would have a mandatory profit margin declaration, to be fair not the difference between buy and sell prices but the profit after operating costs associated with that item. Yep I can hear the howling now, damn sure that would bring about competition
Off topics I know but during a cost of living crisis....
Thanks Phillip. Not impossible. The new Grocery industry regulator will be trying to create transparent reporting of profit margins. We’ll see…
I've thought about such a Health Star style labelling system, but encompassing broader set of sustainability criteria: Health, Water, Materials, Carbon... potentially some kind of Affordability measure
Affordability may not be an indication of reasonable pricing, my thought was to introduce a measure to curb supermarket profiteering to the obscene levels being presently enjoyed.