According to media reports Brumby’s franchises have all received a head office memo suggesting that Consumer Price Index related price rises be implemented in June-July 2012 and that stores should; Let the carbon tax take the blame.
Having been outed so publicly, the head of the Retail Food Group, Brumby's parent company, Tony Alford issued his own statement to the the stock exchange saying the comments ‘‘were not sanctioned and are of significant concern to the board’’.
The company also ordered its stores to remove Liberal Party posters and placards about the carbon tax, warning them they could face fines of up to $1.1 million if they engage in false or misleading conduct.
Brumby's prices are due to rise on 16 July and I suggest that Northern Rivers shoppers pay special attention to the amount of that rise.
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