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Foodstuffs and Woolworths NZ hold a duopoly over the sector. The draft report proposes a range of measures to improve competition at the retail and wholesale level, including last-resort options such as a Government backed grocery retailer and requiring supermarkets to sell shops. Dr Anna Casey-Cox,​ a researcher with Poverty Action Waikato, said the cost of groceries is a major stress for many Waikato households. STUFF The Commerce Commission is looking into how competitive New Zealand's grocery retailers are. Basic staples, such of fruit and vegetables, are now priced out of the reach...

Laws already exist within the Fair Trading Act around unfair terms in consumer contracts, however, Wilson said they would like to see similar requirements in grocery supply contracts. "So requirements for those contracts to be fair and not have any terms in them that significantly advantage the supermarket over the supplier. "So if that was a condition either in a mandatory code of conduct or as an amendment to the Fair Trading Act, it would have a lot more heft, and if the commission had the power to prosecute when the major chains were not playing ball, it would create a significant incenti...

But the grocery market has not attracted big names to the same extent, although Costco is making headway with its Auckland superstore and confirmed it was looking to open by the middle of next year. “The brand people would love to see is definitely Aldi,” said First Retail Group managing director Chris Wilkinson​, who described it as a potential disruptor. Matt Cardy/Getty Images Aldi is a massive global player, and can use that to keep prices low. The German low-price supermarket opened its first Australian store in 2001, and has been registered with the New Zealand companies office...

After a Sunday night bidding showdown, the houseplant smashed Trade Me's previous record by more than double.

The average cost of a house plant on Trade Me has increased 141 per cent since 2019.