Coles is set to take on Costco by introducing its own version of a new “Big Pack Value” bulk buy range.
Food retail expert Gary Mortimer, from the Queensland University of Technology, told Gareth Parker on 6PR Breakfast that more grocery outlets will likely offer bulk buying deals as food prices continues to inflate over the next 12-18 months.
“Retailers will be looking to put in products that reduce the cost of living. It could be a broader range of private label products and shoppers will be looking for more innovative ways to save their money,” Mortimer said. However, bulk buying may not be beneficial for all.
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