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

Mighty Ape’s profits rise in quarterly update
Retail

Mighty Ape’s profits rise in quarterly update

 This growth came despite gross sales falling 9.2% to $30.4m.

Staff reporters 26 Apr 2024
Website duplication scams haunt NZ retailers
Retail

Website duplication scams haunt NZ retailers

Increasingly sophisticated obfuscation technology is making scams harder to resolve.

Gregor Thompson 22 Apr 2024
Menulog exits NZ
Retail

Menulog exits NZ

Online food delivery platform Menulog will discontinue its New Zealand operations in May.Parent company Just Eat Takeaway confirmed the decision today, saying: “New Zealand represents a small part of the Just Eat Takeaway.com business and its size is insufficient to maintain a he...

Staff reporters 16 Apr 2024
Grocery code now in full effect, ComCom reminds suppliers
Retail

Grocery code now in full effect, ComCom reminds suppliers

The Grocery Supply Code went into effect on March 28.

Staff reporters 16 Apr 2024