ZB

Foodstuffs North Island to set up wholesale grocery service for rival retailers

Author
Newstalk ZB,
Publish Date
Thu, 23 Jun 2022, 7:27am
Photo / Supplied
Photo / Supplied

Foodstuffs North Island to set up wholesale grocery service for rival retailers

Author
Newstalk ZB,
Publish Date
Thu, 23 Jun 2022, 7:27am

The second of the two major supermarket chains will set up a wholesale grocery service for rival retailers.

It was one of the recommendations of the Commerce Commission report into the industry.

Foodstuffs announced its plans yesterday with Woolworths announcing a similar move earlier this month.

Foodstuffs North Island chief executive Chris Quin told Mike Hosking they've had a wholesale business for many years in the Gilmores brand.

But he says this is a different requirement.

Quin says they need to get different arrangements with suppliers in place,  to understand what competing retailers actually need from them.

LISTEN ABOVE