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Wednesday 27 October 2021

Supermarkets

ComCom hearing: Specials used to “control suppliers” 26th October 2021 /

ComCom hearing: Specials used to “control suppliers”

Bloomsberry and Co founder Giles Barker says supermarkets use promotional pricing to control suppliers, rather than just to deliver value to consumers.


ComCom hearing: Tex comes to town 22nd October 2021 /

ComCom hearing: Tex comes to town

Tex Edwards makes his case for a break-up of the duopoly, which he says controls all the vital infrastructure in the sector.


Receivers close the books on Nosh Group – how much did it finally owe? 19th October 2021 /

Receivers close the books on Nosh Group – how much did it finally owe?

More than four years after premium supermarket chain Nosh went under, the receivers have published their final report.


Supermarket groups swing in behind Super Saturday’s Vaxathon 15th October 2021 /

Supermarket groups swing in behind Super Saturday’s Vaxathon

Countdown and Foodstuffs are supporting Super Saturday’s Vaxathon to help drive up the country’s vaccination rate.


“We are not the third player” – Four Candles’ MD on new grocery banner’s plans 14th October 2021 /

“We are not the third player” – Four Candles’ MD on new grocery banner’s plans

More stores? Yes. Smashing NZ’s supermarket duopoly? Not us, says the new entrant’s co-founder, Chris Fisher.


Food sector groups secure approval for rapid antigen tests 14th October 2021 /

Food sector groups secure approval for rapid antigen tests

Foodstuffs North Island, Countdown and Mainfreight are among more than 25 companies who have received the green light to introduce rapid antigen testing this month.


New premium grocer opens doors 11th October 2021 /

New premium grocer opens doors

Four Candles Food Market opened its Auckland store at 10 Constellation Drive, North Shore, over the weekend.


Govt meets business leaders over workplace rapid Covid testing 8th October 2021 /

Govt meets business leaders over workplace rapid Covid testing

The government is meeting business leaders today to discuss a rollout of rapid antigen tests to help keep workplaces safe.


More supermarkets join locations of interest 8th October 2021 /

More supermarkets join locations of interest

Dozens of grocery and supermarket stores have been listed this week as locations of interest in connection with the Delta outbreak in Auckland and Waikato.


Speirs Foods trading profit wilts 74% under Covid 5th October 2021 /

Speirs Foods trading profit wilts 74% under Covid

Lockdowns, lower demand for bulk products, and labour costs all eat into the supermarket salad supplier’s bottom line.


Waikato supermarkets scramble in snap lockdown 4th October 2021 /

Waikato supermarkets scramble in snap lockdown

Stores have reduced hours and shifted to level 3 protocols after parts of the region entered lockdown overnight.


Dairies, service stations another way for cheaper groceries 29th September 2021

Dairies, service stations another way for cheaper groceries

New Zealand’s 4,000-plus owner-operated dairies and service stations are a way for both cheaper groceries, says the Dairy and Business Owners Group.


Consumers support split up of supermarket duopoly – survey 23rd September 2021 /

Consumers support split up of supermarket duopoly – survey

An overwhelming majority of consumers believe they pay too much for goods at supermarkets and the current duopoly should be split up, according to a survey commissioned by lobby group Monopoly Watch NZ.


Private labels add to grocery power imbalance – report 20th September 2021 /

Private labels add to grocery power imbalance – report

Private labels do more harm than good for both suppliers and consumers in highly concentrated markets, according to research commissioned by the NZFGC.


Food retailers added to locations of interests 20th September 2021 /

Food retailers added to locations of interests

Additional Auckland supermarkets, dairies and petrol stations have been added as locations of interest in connection with the Delta outbreak in Auckland.


Suppliers like Pic Picot welcome supermarket grocery code pledge but ‘devil in the detail’ 16th September 2021 /

Suppliers like Pic Picot welcome supermarket grocery code pledge but ‘devil in the detail’

Food firms want wide stakeholder buy-in to a code that provides a framework for behaviour and confidence for investment decisions.


New supermarket locations of interest 14th September 2021 /

New supermarket locations of interest

The latest update to Delta locations of interest in Auckland sees more supermarkets added to the Ministry of Health’s list.


Farro among food retailers added to locations of interest 13th September 2021 /

Farro among food retailers added to locations of interest

A swathe of supermarkets including Farro Mt Eden have been added to the Ministry of Health’s locations of interest in Auckland.


MOH adds around 40 supermarkets to locations of interest 2nd September 2021 /

MOH adds around 40 supermarkets to locations of interest

Around 40 supermarkets have been added to the Ministry of Health’s list of locations of interest in connection with the current Delta outbreak.


Union urges centralised bargaining in ComCom grocery submission 1st September 2021 /

Union urges centralised bargaining in ComCom grocery submission

First Union has highlighted centralised wage bargaining “as a key tool to constrain excess supermarket profitability and secure decent work for everyone in the supply chain,” in its submission to the Commerce Commission’s market study into the grocery sector.


Countdown sales stutter in 2021 after lockdown boom 30th August 2021 /

Countdown sales stutter in 2021 after lockdown boom

Revenue was down 6% in FY21, although online sales jumped more than 30%.


PM: Govt in “really close contact” with supermarkets over lockdown challenges 30th August 2021 /

PM: Govt in “really close contact” with supermarkets over lockdown challenges

The government is in “really close contact” with the country’s supermarkets to support them through lockdown challenges, says PM Jacinda Ardern.


More supermarkets join Covid locations of interest 25th August 2021 /

More supermarkets join Covid locations of interest

Four supermarkets have been added this morning to the list of locations of interest connected to the Delta outbreak.


Outbreak puts 1000+ Countdown staff in isolation, more expected 24th August 2021 /

Outbreak puts 1000+ Countdown staff in isolation, more expected

The supermarket group expects the number of staff affected to keep rising as locations of interest and close contact lists grow.


Supermarkets scramble as stores shut, staff isolate, and demand booms 23rd August 2021 /

Supermarkets scramble as stores shut, staff isolate, and demand booms

Dozens of stores have been affected with staff being relocated to cope with demand and to try and plug gaps caused by the Delta outbreak.


Masks become mandatory in supermarkets but enforcement policies differ 19th August 2021 /

Masks become mandatory in supermarkets but enforcement policies differ

Foodstuffs is running a ‘no mask, no entry’ policy, whereas Countdown plans to avoid any potential conflict.


Restaurants, cafes, bars and liquor stores – locations of interest balloon across Auckland 19th August 2021 /

Restaurants, cafes, bars and liquor stores – locations of interest balloon across Auckland

Supermarkets, restaurants, bars, and liquor stores are among dozens of locations visited by current Covid cases.


Supermarket worker vaccination plan in pipeline 19th August 2021 /

Supermarket worker vaccination plan in pipeline

The government is today expected to provide details on a move to bump supermarket workers up the vaccination priority list which would see jabs being given on-site.


“Keep calm, be kind” – Countdown to shoppers rushing supermarkets 17th August 2021 /

“Keep calm, be kind” – Countdown to shoppers rushing supermarkets

“Keep calm, be kind,” says Countdown, as stores are inundated across the city.


Foodstuffs’ Covid FY21 results – how much money did it make? 2nd August 2021 /

Foodstuffs’ Covid FY21 results – how much money did it make?

So, how much money did the largest supermarket group in NZ make in the year of Covid?


We’re not that profitable – supermarkets respond to ComCom draft report 30th July 2021 /

We’re not that profitable – supermarkets respond to ComCom draft report

Foodstuffs disagrees with the Commerce Commission’s estimates of its profitability.


ComCom: Supermarket shake-up needed 29th July 2021 /

ComCom: Supermarket shake-up needed

A third major player could be introduced to compete with Foodstuffs and Countdown, according to the strongest draft report recommendation.


Kiwis will flock to a new supermarket brand – expert 29th July 2021 /

Kiwis will flock to a new supermarket brand – expert

The introduction of a new, lower priced competitor into the grocery market would see shoppers abandon stalwarts Countdown and Foodstuffs in droves, according to one industry expert.


ComCom: Grocery duopoly not working for suppliers or consumers 29th July 2021 /

ComCom: Grocery duopoly not working for suppliers or consumers

The Commerce Commission backs a mandatory industry code of conduct and allowing suppliers to bargain collectively with supermarkets.


ComCom preparing to release draft grocery sector report 19th July 2021 /

ComCom preparing to release draft grocery sector report

A draft report as part of a year-long review of NZ’s highly concentrated grocery sector will be made public next Thursday morning.


Australian supermarkets ‘red flagged’ in new food dashboard 17th June 2021

Australian supermarkets ‘red flagged’ in new food dashboard

Australia’s major supermarkets have been ‘red flagged’ by a new food tool which shows them offering bigger discounts on unhealthy foods more often and more prominently.