ZB ZB
Opinion
Live now
Start time
Playing for
End time
Listen live
Listen to NAME OF STATION
Up next
Listen live on
ZB

Why Foodstuffs want to merge their operations

Publish Date
Fri, 21 Jun 2024, 7:03pm
Foodstuffs operates Pak'nSave, New World and Four Square supermarkets. Photo / File
Foodstuffs operates Pak'nSave, New World and Four Square supermarkets. Photo / File

Why Foodstuffs want to merge their operations

Publish Date
Fri, 21 Jun 2024, 7:03pm

The Commerce Commission is pushing out its timeline for approving the Foodstuffs merger, due to "unresolved issues". 

It now expects to reach a decision in October. 

The North and South Island co-operatives - which run the Pak'nSave, New World and Four Square supermarkets - sought clearance to merge last year. 

Foodstuff's North Island Chief Executive Chris Quin told Heather du Plessis-Allan “We knew this could happen, but we remain committed that this is the right thing to do.” 

LISTEN ABOVE. 

Take your Radio, Podcasts and Music with you