¾ÅÒ»ÐÇ¿ÕÎÞÏÞ

ZB ZB
Opinion
Live now
Start time
Playing for
End time
Listen live
Up next
ZB

Foodstuffs claims proposed merger will offer better value to customers

Author
¾ÅÒ»ÐÇ¿ÕÎÞÏÞtalk ZB,
Publish Date
Tue, 7 Nov 2023, 6:52pm
Foodstuffs operates Pak'nSave, New World and Four Square supermarkets. Photo / File
Foodstuffs operates Pak'nSave, New World and Four Square supermarkets. Photo / File

Foodstuffs claims proposed merger will offer better value to customers

Author
¾ÅÒ»ÐÇ¿ÕÎÞÏÞtalk ZB,
Publish Date
Tue, 7 Nov 2023, 6:52pm

Foodstuffs is set to apply to the Commerce Commission to merge its North Island and South Island co-operatives into one national business.

The company is half of New Zealand’s supermarket duopoly - and expected to spark big debate on competition issues.

Foodstuffs North Island CEO Chris Quin says this merger is part of a strategy focused on creating better value to customers.

"Like any business, we have to look harder at our cost base- and also where our energy and efforts are going."

LISTEN ABOVE

Take your Radio, Podcasts and Music with you