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28 Feb 2026 17:26
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  •   Home > News > Business

    It's been revealed UK supermarket giant Tesco, declined the Finance Minister's invitation for a meeting to discuss the issues in our grocery sector

    It's been revealed UK supermarket giant Tesco, declined the Finance Minister's invitation for a meeting to discuss the issues in our grocery sector


    Nicola Willis announced a request for information last year, aiming to explore what barriers prevented a new competitor from breaking up Woolworths and Foodstuffs duopoly.

    The supermarket opted not to participate in the process, alongside two other supermarket giants, Aldi and Lidl.

    Grocery advocate Ernie Newman, says he had never believed new entrants could be coaxed into the New Zealand market.

    He says if all these entrants have been saying no to Nicola Willis, she needs to front up to it.

    © 2026 Newstalk ZB, NZCity

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     Top Stories

    RUGBY RUGBY
    Crusaders utility back Leicester Fainga'anuku's comfortable being deployed in a third different role in as many weeks on his Super Rugby Pacific return More...


    BUSINESS BUSINESS
    It's been revealed UK supermarket giant Tesco, declined the Finance Minister's invitation for a meeting to discuss the issues in our grocery sector More...



     Today's News

    Rugby:
    Crusaders utility back Leicester Fainga'anuku's comfortable being deployed in a third different role in as many weeks on his Super Rugby Pacific return 16:57

    Golf:
    Kiwi Kerry Mountcastle and Aussies Curtis Luck and Lucas Herbert are tied for the lead at 14-under overall midway through the third round of the New Zealand Golf Open in Otago 16:17

    International:
    Facing threats of war, Denmark turns to a new weapon: women 15:07

    Soccer:
    Auckland FC are keen to benchmark themselves against the best when they face the defending A-League champions at Mt Smart this evening 14:57

    Environment:
    All Black Jordie Barrett is backing the talent of Hurricanes teammate Callum Harkin to step up at first five ahead of this afternoon's Super Rugby contest with the Fijian Drua in Lautoka 14:07

    Auckland:
    A police operation is underway in Auckland's Papakura, with one person taken to hospital in a moderate condition 13:47

    Soccer:
    Aston Villa's Champions League hopes have taken a hit after a two-nil English Premier League loss to lowly Wolverhampton 13:27

    Motoring:
    Kiwi driver Scott McLaughlin's made a bright start to the new IndyCar season in Florida 13:17

    Motorsports:
    New season, new engineer, new attitude 12:27

    Law and Order:
    A person has been seriously injured, and another arrested, following an incident on Auckland's Great North Road in Glen Eden 12:27


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