Foodstuffs' Chris Quin and Woolworths say divestment will boost prices

Woolworths says, forced divestment will increase food prices. (Image: Supplied)

Mon, 31 Mar 2025

Foodstuffs North Island's chief executive and Woolworths say attempts to restructure the grocery market to help consumers could have the opposite effect. However, an academic has claimed the supermarkets’ position is overstated.Finance Minister Nicola Willis announced a “request for information” (RFI) process on Sunday, seeking submissions from existing and potential new entrants to the supermarket sector. “To achieve the best outcomes for consumers, we need at least one competitor entering or expanding to...

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