Foodstuffs South Island aims to drive down costs, boost use of shoppers' data

Sun, 01 Jul 2018

By Margreet Dietz July 2 (BusinessDesk) - Foodstuffs South Island, part of the group of two cooperatives that constitute New Zealand's biggest supermarket operator, aims to drive down its costs amid a slowing economy, using data of its shoppers’ needs gathered through loyalty programmes to earn more business by tailoring its offers. “In the past year we have seen some big changes in New Zealand’s economy and even more changes are to follow in 2018,” Foodstuffs South Island chair Russell McKenzie told shareholders, pointing to a decline i...

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