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

Country Road loses court battle over duties
Retail

Country Road loses court battle over duties

Country Road has been ordered to retroactively pay $2.5 million in duties and GST.

Foodstuffs alleges defamation over merger opinion piece
Retail

Foodstuffs alleges defamation over merger opinion piece

Chapman Tripp lawyers sent letters to the University of Auckland and Stuff.

Brave-faced craft chocolate industry finds strength in unity
Retail

Brave-faced craft chocolate industry finds strength in unity

More than 30 boutique chocolate companies raised the bar at Chocstock.

Gregor Thompson 01 Jul 2024
No further divestment plans for SkyCity after GiG sale
Retail

No further divestment plans for SkyCity after GiG sale

SkyCity has no further divestment plans after selling its GiG shareholdings.

Tom Raynel 26 Jun 2024