19 June 2020

ACCC rules on Coles buyout of Supabarn

| My Gungahlin
Start the conversation

Last year we sought feedback and comments from the public in Crace, Gungahlin, Canberra, and the Sydney suburbs that have a Supabarn store. Results were collated and the Crace Community Association put in a 48 page submission to ACCC. The strong preference of respondents was that Supabarn remained in Crace, though there were those who either didn’t mind, and some who preferred the sale go ahead. We sent a representative to the ACCC forum on the topic which also contributed to our submission.

The longer story, for those interested, is that ACCC has objected to the purchase of some but not all of the stores. In response, Coles has submitted an ammended proposal for only five stores, which the ACCC has not opposed. In Canberra, the stores that will remain Supabarn are Crace, the new store being built in Casey (the largest Supabarn store), and the new store being built in Kingston which wasn’t part of the proposed buyout. In Sydney, the Sans Souci store will remain a Supabarn. All Supabarn Express stores will remain as they were never part of the buyout deal.

Stores staying as Supabarn:

  • ACT – Crace
  • ACT – Casey (under construction)
  • ACT – Kingston (under construction, not part of the proposed acquisition)
  • NSW – San Souci (including liquor)
  • NSW – Annandale
  • NSW – Gymea

Stores approved for acquisition by Coles:

  • ACT – Kaleen
  • ACT – Canberra Centre
  • ACT – Wanniassa
  • NSW – Five Dock (liquor only)
  • NSW – Sutherland
  • One of the stores that has been approved to be sold to Coles is the one at Kaleen Village. It will be interesting to see what that means to the derelict shop site in Giralang, where Woolworths has failed to get approval to build in the past.

    Written by David Pollard – Crace Community Association

    The views and opinions expressed in this post are soley those of the original author. These views and opinions do not necessarily represent those of My Gungahlin.

    Do you want to feature on My Gungahlin? We’re looking for new stories from you! Send us a story (300-500 words) with photos about everything from:

    • Gungahlin news
    • Gungahlin history
    • Gungahlin reviews
    • Gungahlin sports results
    • Your Gungahlin story

    And whatever else you think would be relevant. Send your stories to [email protected]and we will let you know when we can publish your story!

    My Gungahlin reserves the right to determine suitability. Please contact us to discuss promoting for business.

    Start the conversation

    Weekly Wrap

    Do you want to keep up with what’s happening in Gungahlin? Every week we package up the best stories in a free newsletter, delivered straight to your inbox. Sign up now and find out what everyone else is talking about.

    By submitting your email address you are agreeing to Region Group's terms and conditions and privacy policy.