Supermarkets ‘on notice’, face break-up threat: Willis

Nicola Willis announces "potentially massive" supermarket reforms (Image: BusinessDesk)

Sun, 30 Mar 2025

A lightning-fast six week study is being mounted to determine what it would take to get a third major supermarket player to operate in New Zealand.Finance Minister Nicola Willis announced the “request for information” (RFI) process, seeking submissions from both existing and potential new entrants to the supermarket sector.Options for reform include forced divestment or break-up of existing players.“We are talking potentially massive changes,” said Willis.She intends to take recommendations to Cabinet mid-year and, if le...

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