The manufacturer – a subsidiary of The Campbell Soup Company - has reportedly refused to supply Coles with a range of products, including some varieties of the biscuit brand, after the retailer rejected a 10% price hike.
“When a major international manufacturer decides they will unilaterally force through a price hike without justification, we will resist that,” said Coles.
Arnott’s has issued a statement saying there is no shortage of supply of its biscuits, and that Tim Tam remains available for sale to all its Australian customers at their standard wholesale price.
Arnott’s also stated consumers would find Tim Tam promotions across a range of national retailers this week.
“Arnott’s is proud of its strong history in Australia and of our commitment to local manufacturing as more and more cheap, imported food products flood supermarket shelves,” added the manufacturer. “We continue to invest hundreds of millions of dollars to create state-of-the-art manufacturing facilities, while spending some $500m annually purchasing raw ingredients and other products from Australian farmers and businesses.”