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

Kitchen Things on brink, $16.6m owed: Administrators
Retail

Kitchen Things on brink, $16.6m owed: Administrators

The retailer made a $4.7m loss in the year to March 2025.

Gregor Thompson 18 Sep 2025
Life insurance market shrinks
Finance Risky Business

Life insurance market shrinks

Foreign firms dominate as affordability, tax and access barriers stymie growth.

Michael Neilson 18 Sep 2025
The quiet rise of ‘ghost brands’
Retail

The quiet rise of ‘ghost brands’

About 90% of the 80-odd Pita Pit stores now have virtual brands operating in them.

Gregor Thompson 17 Sep 2025
‘Unusual’ volume of CCCFA changes in focus
Finance

‘Unusual’ volume of CCCFA changes in focus

Select committee mulls proposed changes to CCCFA, to report recommendations Oct 20.

Andy Macdonald 16 Sep 2025