Big supermarket owners escape major change

Big supermarket owners escape major change
Supermarket competition is "muted", but major interventions are not recommended. (Image: Getty)
Pattrick Smellie
New Zealand’s supermarket duopoly has escaped all but the lower end of the potential reforms to force greater competition among food and grocery retailers.The first recommendation in the Commerce Commission’s final outcome of its inquiry into the grocery sector, published this morning, was aimed at local government planning rules that restrict the construction of competing supermarkets near to one another.The same recommendation includes a call for an end to restrictive covenants that supermarket owners have used in the past to stop...

More Retail

The Warehouse’s plight in five charts
Retail Charts

The Warehouse’s plight in five charts

The private equity bid shows the company’s future is still anyone’s guess.

Gregor Thompson 26 Jul 2024
Serato and AlphaTheta have abandoned deal
Retail

Serato and AlphaTheta have abandoned deal

The CMA said it has received written assurances from the parties. 

Rebecca Howard 24 Jul 2024
Warehouse share trading complaint filed
Retail

Warehouse share trading complaint filed

The Warehouse had confirmed a buyout proposal had been lodged.

Gregor Thompson 24 Jul 2024
Stephen Tindall supports Warehouse takeover offer
Retail

Stephen Tindall supports Warehouse takeover offer

Bid from Australian private equity firm values shares at between $1.50 and $1.70.