Oireachtas Joint and Select Committees
Thursday, 9 May 2013
Joint Oireachtas Committee on Agriculture, Food and the Marine
Groceries Sector: Discussion with Lidl Ireland
10:50 am
Mr. Ryan McDonnell:
The issue of minimum pricing is part of a separate, although extensive, debate on the misuse of alcohol. However, we are aware that it is a sensitive matter and we would be willing to engage in any debates or a wider discussion on that.
Volatility was mentioned regarding contracts and I spoke earlier about such cases. Where there has been a significant and verifiable inflationary pressure on input costs or on commodity pricing, we will act fairly. We will sit down with our suppliers and renegotiate within a six-month or annual term. It ties in with Senator Ó Domhnaill's question on credit terms. It is a negotiable term within our agreements. If there is inflationary pressure on raw materials, ingredients or commodities, or if a business finds itself in such a difficult trading environment and is struggling, we will sit down within contract and renegotiate.
No comments