Annual Moratorium – New Products and Price Changes
Christmas/New Year Moratorium
Each year the Foodstuffs companies ask their vendors to assist
them through the exceptionally busy Christmas trading period by
voluntarily avoiding any unnecessary price increases and/or product
launches at this time. This is a long-standing practice. We are
really just asking vendors to avoid creating avoidable
administrative work when we are in our busiest trading period and
often have reduced labour (due to staff taking leave).
Vendors are asked to plan for price changes and product launches
to occur either before the moratorium commences or after it
finishes. The moratorium does not apply to normal promotional
activity that is agreed between the companies and their vendors to
occur at this time, but rather to the underlying list price.
We thank you for your
assistance in this matter.
Did you know
Four Square celebrated their 90th Birthday in 2014