ComCom opens fair trading probe into Woolworths, Foodstuffs

ComCom opens fair trading probe into Woolworths, Foodstuffs
The Commerce Commission is investigating the supermarket majors over their compliance with the Fair Trading Act. (Image: Getty)
Rebecca Stevenson
The Commerce Commission has opened an investigation into the supermarket majors following an allegation of Fair Trading Act breaches. The competition watchdog said it was investigating Woolworths, Foodstuffs North Island and Foodstuffs South Island after Consumer NZ lodged a complaint with the Commerce Commission in August.Consumer NZ claimed supermarkets were engaging in misleading pricing, charging more than advertised and had misleading specials and promotional practices. Deputy chair of the Commerce Commission, Anne Callinan, said...

More Retail

Woolworths ‘reviewing team structures’ to cut costs
Retail

Woolworths ‘reviewing team structures’ to cut costs

The group said the plans will affect New Zealand head-office headcount.

Gregor Thompson 19 Feb 2025
Giant jeweller investing $75m in NZ
Retail

Giant jeweller investing $75m in NZ

Malabar Gold & Diamonds plans to open three 'world-class' showrooms.

John Anthony 14 Feb 2025
Willis homes in on grocery and power prices
Retail

Willis homes in on grocery and power prices

The finance minister is talking a bolder game to force competition. 

Pattrick Smellie 13 Feb 2025
JB Hi-Fi beats odds with big-ticket retail growth
Retail

JB Hi-Fi beats odds with big-ticket retail growth

JB Hi-Fi has reported strong growth in big-ticket item sales in the first half of the financial year, bucking the trend seen across the retail industry in New Zealand.The brand’s NZ division reported total revenue growth of 20% to $202.5 million, up from $168.7m in the first half...

Staff reporters 10 Feb 2025