News | Business
4 Mar 2021 16:09
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   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.

    © 2021 Newstalk ZB, NZCity


     Other Business News
     04 Mar: The Herald's weekly brand readership has surged past the magic two million mark
     04 Mar: The West Coast presents two very different stories in the era of Covid-19
     04 Mar: An assurance Wellingtonians will start seeing action, now its transport plan's under the microscope
     04 Mar: Fonterra is weighing up a possible increase to its Farmgate Milk Price, following the latest rise in global dairy prices
     03 Mar: China seems firmly at the centre of the latest jump in dairy prices
     03 Mar: "Buy now pay later" ... is on the rise in New Zealand
     03 Mar: A man's been sentenced for falsely claiming his deregistered company was on the Financial Service Providers Register
     Top Stories

    RUGBY RUGBY
    From one gnarly old prop to another More...


    BUSINESS BUSINESS
    The Herald's weekly brand readership has surged past the magic two million mark More...



     Today's News

    Entertainment:
    Lady Gaga's dog walker has praised her "unwavering" support after he was shot when perpetrators attempted to steal her three pet pooches 16:01

    Health & Safety:
    Wastewater testing for Covid-19 has kept coming back negative 15:57

    International:
    Buckingham Palace to investigate bullying claims made against Meghan Markle 15:57

    Cricket:
    Jeetan Patel sees his new England coaching role as un utter privilege 15:47

    Entertainment:
    Gal Gadot is expecting her third child 15:31

    Entertainment:
    Hilaria Baldwin has welcomed her sixth child 15:01

    Education:
    This year's McEvedy Shield athletics championships have been cancelled 14:57

    Cricket:
    Luna Rossa co-helmsman Jimmy Spithill's advocating extra-for-experts in training to win the Auld Mug 14:47

    Entertainment:
    Nadine Coyle’s ex-fiancé Jason Bell has been living in her house amid the COVID-19 pandemic so they can co-parent their seven-year-old Anaíya 14:31

    Entertainment:
    Gillian Anderson is pleased Prince Harry understands 'The Crown' is fiction 14:01


     News Search






    Power Search


    © 2021 New Zealand City Ltd