The new watchdog “will be a referee of the sector, keeping the supermarket duopoly honest and blowing the whistle where it suspects there is a problem”.
According to Foodstuffs, for each dollar on the supermarket shelf, supplier costs make up 68 cents
Australian-owned grocery chain Countdown has a pipeline of storage and distribution work valued at $350 million in NZ, even as government threatens to break up its duopoly with Foodstuffs.
After struggling through Auckland lockdowns, the Savor hospitality group will add two new brands to a growing roster of top-class restaurants this year, including taking over a plum waterfront site.