The Foodstuffs merger is dead – but that still won’t fix NZ’s over-concentrated supermarket sector
- Written by Lisa M. Katerina Asher, Retail Expert, PhD Candidate & Sessional Academic, University of Sydney
Two of the dominant players in New Zealand’s supermarket sector – Foodstuffs North Island and Foodstuffs South Island – have failed in their quest to officially join forces.
In a decision announced yesterday, the Commerce Commission declined to green-light the merger between the two cooperatives. The watchdog said it was not...