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29 Mar 2024 14:30
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  •   Home > News > Business

    Four upper North Island supermarkets sold in musical chairs-style of transactions

    Four upper North Island supermarkets worth tens of millions of dollars are being sold in a musical chairs-style of transactions


    It's been triggered by the pending sale of what's thought to be the country's biggest revenue-earning store.

    Insiders say Foodstuffs stores in Albany, College Hill and Birkenhead in Auckland -- and in Te Kuiti -- are changing hands because owner-operators can only control one outlet at any one time.

    The deals appear to have been sparked, by the pending sale of Pak'n'Save Albany later this year.

    © 2024 Newstalk ZB, NZCity

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    The defending champion Matatu are unable to make the Super Rugby Aupiki final, but they're eager to finish the season on a high More...


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    Innovative New Zealand apple producing company Rockit is focussing on its international expansion More...



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