Londis calls on the Government to retain the ban on below-cost selling
Joint chief executive Stephen O’Riordan, told the symbol group’s annual general meeting in Dublin that removing the ban would be bad for competition and the consumer would lose out in the end.
It is vital to the sector that the Grocery Order be left as it is, he said. “Any changes to it will pose a threat to the independent retail trade and ultimately to consumers. Removing the ban would threaten the 6,000 jobs in the sector and result in exploitation of the consumer by the larger multiples.
