ComCom still concerned at loss of competition from Foodstuffs merger

ComCom still concerned at loss of competition from Foodstuffs merger
Foodstuffs runs Pak'nSave, New World and Four Square stores.
Staff reporters
The Commerce Commission remains unconvinced that the proposed merger of Foodstuffs North Island and Foodstuffs South Island won’t limit competition in the New Zealand market.It released a statement of unresolved issues on July 16. The regulator said the statement wasn't a final decision and didn't mean that the commission intended to decline or to approve the merger.The commission has extended the timeline for its decision on the proposed merger several times, mostly recently in June when it extended the deadline to Oct 1. It hasn...

More Retail

Foodstuffs South Island ‘merger costs’ bill rises
Retail

Foodstuffs South Island ‘merger costs’ bill rises

More than $11 million has been spent so far on ‘merger-related costs’.

Foodstuffs NI warned by ComCom over supplier treatment
Retail

Foodstuffs NI warned by ComCom over supplier treatment

It obstructed a supplier request, says Grocery Commissioner.

Staff reporters 02 Jul 2025
Retailers say unseasonable weather compounded woes
Retail

Retailers say unseasonable weather compounded woes

The Warehouse Group and KMD Brands have both downgraded guidance in recent weeks.

Gregor Thompson 02 Jul 2025
Warehouse drops guidance, loss now in scope
Retail

Warehouse drops guidance, loss now in scope

The retailer has raised the possibility of a full-year earnings loss.

Gregor Thompson 01 Jul 2025