Small suppliers to get supermarket collective bargaining powers

Small suppliers to get supermarket collective bargaining powers
Pic Picot started his peanut butter empire in a garage in Nelson. Back then, he might have welcomed more bargaining power. (Image: NZME)
Pattrick Smellie
The government will allow small-scale suppliers of food and other groceries to jointly negotiate with New Zealand’s two dominant supermarket suppliers, as part of the ongoing shake-up of competition in the grocery sector.Competition law normally restricts businesses from banding together to set prices, but the power of the Foodstuffs and Woolworths duopoly to set terms with small suppliers is seen as one of the ways the sector is working unfairly in NZ.The announcement appeared to be the only new element announced at a press conference th...

More Retail

Mighty Ape’s profits rise in quarterly update
Retail

Mighty Ape’s profits rise in quarterly update

 This growth came despite gross sales falling 9.2% to $30.4m.

Staff reporters 26 Apr 2024
Website duplication scams haunt NZ retailers
Retail

Website duplication scams haunt NZ retailers

Increasingly sophisticated obfuscation technology is making scams harder to resolve.

Gregor Thompson 22 Apr 2024
Menulog exits NZ
Retail

Menulog exits NZ

Online food delivery platform Menulog will discontinue its New Zealand operations in May.Parent company Just Eat Takeaway confirmed the decision today, saying: “New Zealand represents a small part of the Just Eat Takeaway.com business and its size is insufficient to maintain a he...

Staff reporters 16 Apr 2024
Grocery code now in full effect, ComCom reminds suppliers
Retail

Grocery code now in full effect, ComCom reminds suppliers

The Grocery Supply Code went into effect on March 28.

Staff reporters 16 Apr 2024