Grocery delivery businesses struggle with falling demand

Grocery delivery businesses struggle with falling demand
Milkrun now delivers groceries across 200 NZ suburbs. (Image: Supplied)
Gregor Thompson
New Zealand's grocery delivery services have suffered a slowdown as covid-19 consumption trends fade, with some smaller ventures shutting down altogether.The first major victim, Supie, ceased trading on Oct 30. The company was placed in voluntary liquidation, with staff being let go without receiving their final wages or being made redundant.Teddy, a grocery delivery startup that, as recently as April last year, was planning to employ ChatGPT to compete with big industry players, appears to have vanished from thin air.The Teddy app told use...

More Retail

Forsyth Barr sees future upside in Briscoe initiatives
Retail

Forsyth Barr sees future upside in Briscoe initiatives

Management gave details on the company's roadmap for growth at the AGM on Thursday.

Warehouse CEO ‘very soon’ as firm orbits sun without one
Retail

Warehouse CEO ‘very soon’ as firm orbits sun without one

Group chair Joan Withers is making sure she gets this one right.

Briscoe Group has plans for smaller ‘Metro stores’
Retail

Briscoe Group has plans for smaller ‘Metro stores’

There could be an opportunity for up to 15 new stores, COO Andrew Scott says.

Gregor Thompson 15 May 2025
IKEA continues NZ land purchases
Retail

IKEA continues NZ land purchases

IKEA owns about 27,000 hectares of forestry land, valued at nearly $370m.

John Anthony 12 May 2025