News | Lower North Island
5 May 2024 14:30
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  •   Home > News > National > Lower North Island

    The spotlight's back on our supermarket duopoly - after New World's announced it's closing the Flaxmere branch

    The spotlight's back on our supermarket duopoly - after New World's announced it's closing the Flaxmere branch


    The lease on the tired Hastings building comes up for renewal in March.

    In 2022, the Commerce Commission rules our grocery sector, doesn't work well for shoppers, dominated by Foodstuffs and Woolworths NZ.

    Consumer NZ's Gemma Rasmussen says new players struggle to get a foot in the door, which is a problem.

    She says the two incumbents hold all the cards, and consumers lose out when one closes - as New World is in Flaxmere.

    © 2024 Newstalk ZB, NZCity

     Other Lower North Island News
     04 May: At least four people have been injured after a serious crash in central Hawke's Bay
     04 May: A person has died and two others seriously injured after a crash in Feilding near Palmerston North last night
     30 Apr: Police are appealing for information to help solve the homicide of Napier man Patrick Teteni Reweti
     30 Apr: Police are asking the public for information about a stolen ute that crashed in Otaki on Friday, killing one and injuring others
     29 Apr: A series of mysterious loud bangs in Masterton have Police scratching their heads
     27 Apr: A person has died and two others injured, after crashing during a fleeing driver incident, north of Otaki
     26 Apr: A Hawke's Bay man is raising funds for charity by aiming to walk 100 kilometres in his 100th year
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