by Editor | May 11, 2022 | News
The petition, Stop the Super Profits, launched by Consumer New Zealand earlier this week, has already received more than 48,000 signatures. Supie, New Zealand’s online supermarket, throws its support behind the call for sector reform. Supie founder Sarah Balle says...
by Editor | May 10, 2022 | News
The country’s two big supermarkets Countdown and Foodstuffs earned headlines this week when announcing winter price freeze on selected essentials. Critics say they’re not so super. New Zealand supermarket profits are more than twice what they should be,...
by Editor | May 9, 2022 | News
Foodstuffs announces 4-month price, 10% average price roll back on 110-plus everyday items In a move that Foodstuffs estimates will save customers over half a million dollars each week, the two New Zealand owned cooperatives, which operate the New World, PAK’nSAVE,...
by Editor | Apr 13, 2022 | News
Easter is typically a boom time for chocolatiers — but not this season for Italy’s Ferrero SpA, the world’s third biggest chocolate producer and confectionery company. In the first week of April Ferrero International recalled Kinder Surprise chocolate eggs...
by Vincent Heeringa | Mar 11, 2022 | News
Alan Renwick, Lincoln University, New Zealand The Commerce Commission’s much-anticipated review of supermarket competition has itself had mixed reviews. Many felt a major opportunity to reset New Zealand’s food system had been missed, others felt the...