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The Latest Breaking News from Foodstuffs

Stop waiting for a foreign hero: NZ’s supermarket sector needs competition from within

New Zealand’s concentrated supermarket sector is back in the spotlight after Finance Minister Nicola Willis said she was open to offering “VIP treatment” to a third international player willing to create competition.

The Conversation

The Foodstuffs merger is dead – but that still won’t fix NZ’s over-concentrated supermarket sector

Two of the dominant players in New Zealand’s supermarket sector – Foodstuffs North Island and Foodstuffs South Island – have failed in their quest to officially join forces.

The Conversation

Supermarket concentration benefits stores, not shoppers. It’s time to split Foodstuffs – not make it stronger

The proposed merger of Foodstuffs North Island and Foodstuffs South Island raises the prospect of even less choice for New Zealanders in what is an already heavily concentrated market. But will regulators prevent it from happening?

The Conversation

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Liquidator could sue reneged Supie investor

Investigations will reveal whether there's legal recourse for defaulting on a $3m commitment. 'Let them sue the investor and get the money,' says corporate lawyer Barry Brown. Jonathan Milne reports.

Newsroom.co.nz

Supie's last days: The cashflow crisis behind the smiles

The signs were there. Sarah Balle pulled a marketing campaign, paused an online partnership with The Warehouse and made desperate pleas to investors. Jonathan Milne reports.

Newsroom.co.nz

Grocery reforms do nothing for cost of living, says early adopter Huckleberry

Organic grocer Huckleberry was first to sign up to a government-backed wholesale deal with the big supermarkets – but now says its expansion plans are cramped by economic and political uncertainty. Jonathan Milne reports.

Newsroom.co.nz

High-end grocery chain questioned, but 'not the subject of investigation'

It's hard to say whether there was sufficient evidence to warrant the Commerce Commission investigating specific claims of retailer pressure, says Food and Grocery Council boss Raewyn Bleakley.

Newsroom.co.nz

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Uphill battle for new Grocery Commissioner

Supermarkets form strong geographic monopolies that make competition difficult

Newsroom.co.nz

Push to break up overpriced supermarket duopoly and sell groceries online

The Government's steps to make food prices more internationally competitive won't be enough – it needs to open up the wholesale chain and force supermarkets to sell stores, says a new Westpac NZ report.

Newsroom.co.nz

The price pain of supermarket shopping

Grocery bills are going up and up - is it possible to do your weekly shop without visiting the supermarket?

Newsroom.co.nz

Supermarkets cracking wholesale deals

Government pressure leads to deals with Circle K and Kennerley.

Newsroom.co.nz

Police investigate deep discounting of alcohol by Uber and supermarkets

Prosecutions of big retailers over discounts of up to 68 percent on alcohol, revealed by Newsroom, would be a groundbreaking test of the law on internet sales promotions.

Newsroom.co.nz

Rich Lister Olympian goes to ground in new row over his aggressive alcohol sales

Foodstuffs admits not one, but three of its Pak'nSave supermarkets were offloading short-dated beer – some at prices the Government calls 'irresponsible'. Jonathan Milne reports.

Newsroom.co.nz

Pak'nSave's 67c beers are 'simply irresponsible'

Minister condemns supermarket's 'targeted and aggressive' marketing of $3.99 six-packs, amid calls to speed up review of Sale of Alcohol Act. Jonathan Milne reports.

Newsroom.co.nz

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Newsroom.co.nz

Milking it: Retailers increase their margins on soaring food prices

From fertiliser to grow the grass on our dairy farms, through to supermarkets' profit margins, we investigate the different costs contributing to the $1 rise in a simple two-litre bottle of milk.

Newsroom.co.nz

Calculating how much supermarket competition reform will save shoppers

A convenience store chain negotiating cut-price grocery wholesale deals says it expects to pay 15 to 20% less than retail prices. And Costco says it will be 30% cheaper.

Bangkok Post

NZ to force supermarkets to give small stores access to wholesale units

WELLINGTON: The New Zealand government said on Wednesday it plans to introduce regulations that would force the wholesale arms of supermarkets to give small retailers fair access to their products.

Newsroom.co.nz

The affluent community defying grocery competition woes

The Commerce Minister chooses the wrong scapegoat to demonstrate supermarkets' anti-competitive behaviour: Ponsonby locals are spoiled for choice when they go grocery shopping.

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Newsroom.co.nz

Govt to crack down on supermarket breaches with big financial penalties

The Warehouse, Night'n'Day and Supie are all looking to enter the groceries fray, after ministers announced they would regulate the two big supermarket chains.

Newsroom.co.nz

The real counter to the supermarket duopoly would be a strong competitor

The Government has mused about a more proactive response to the lack of competition, including a government-run distribution centre, but that would be foolhardy, argues Peter Dunne

Newsroom.co.nz

'Heartbreaking': Grocery start-ups shut down in shadow of big supermarkets

Two new online food brands hailed for bringing range and competition to the grocery market have now closed their doors, unable to grow against the two big supermarket chains

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