McDonald's and KFC grab share as fast-food sector consolidates, IbisWorld says

McDonald's and KFC grab share as fast-food sector consolidates, IbisWorld says
McDonald's is getting bigger and bigger. (Image: Paul Taylor)
Gregor Thompson
New Zealand’s two largest fast-food chains are eating up market share as higher costs are reinforcing consolidation trends, an IbisWorld report says. According to a recent global market research firm report, McDonald’s held 25.6% of the $4.2 billion market in February, while NZX-listed KFC operator Restaurant Brands had 15.3%.Both companies increased their market shares over the past five years, with McDonald’s share growing 6.1 percentage points (pps).Over the same timeframe, the report said the share of fast-food provid...

More Retail

Woolworths NZ revenues hit $8.2b
Retail

Woolworths NZ revenues hit $8.2b

Woolworths has seen its NZ earnings grow to $8.29b.

Staff reporters 27 Aug 2025
'Predatory pricing': Govt targets supermarket market power
Retail

'Predatory pricing': Govt targets supermarket market power

Aldi and Lidl opted not to take part in the initial RFI.

Gregor Thompson 27 Aug 2025
Restaurant Brands margins undercooked in HY result
Retail

Restaurant Brands margins undercooked in HY result

Same-store sales in New Zealand fell 3.1% compared with last year.

Gregor Thompson 26 Aug 2025
Kogan.com takes $51m goodwill hit on Mighty Ape
Retail

Kogan.com takes $51m goodwill hit on Mighty Ape

Kogan.com has written down A$46.3 million (NZ$51.2m) of goodwill tied to its New Zealand segment, Mighty Ape.  The Australian retail and services group filed its earnings for the 12 months to June 30 with the Australian Securities Exchange (ASX) on Monday.Chief executive Ruslan K...

Staff reporters 25 Aug 2025