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Foodstuffs, Progressive duopoly keeps supermarket prices high - Video

Tue, 10 Nov 2009 18:11
There was confirmation today that New Zealand grocery prices have risen faster than every country but one in the developed world. - read full story »
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Comments [8]

kevin
01 May 2011 9:45a.m.

why is it that i sell my produce kumara for 99cents/kg to woolworths and it sells retail for $4.99 /kg in there stores.just unfair.if i complain they will cut me from there market.

Keith Humm
11 Nov 2009 1:32p.m.

I love it. There's competition? Sure there is. Local butchers and fruit/vege outlets are often half the price of even Pak'n'save. While I appreciate the need for marketing and advertising spend, Progressive are completely lost - $1 billion on the new countdown brand? They only just refreshed the countdown brand 12-18 months ago! Not only that but many of the stores they are planning to refit had significant work done to them in the same timespans. What I also struggle to understand is how these companies think we perceive their various brands. I personally visit the "high end" supermarkets and wonder why the same products aren't exactly the same price as they are in budget supermarkets. In my opinion, the only difference should be the range of products. Then again, I'm not intimately familiar with their business models and who turns the profits etc.

ngapo
11 Nov 2009 7:23a.m.

Thats what i do,i've discovered a couple of good butchers and a vege shop and i try to buy nz if i can,tho i find that woolies have mostly aussie stuff like milk powder.

Steve
10 Nov 2009 11:58p.m.

Quite right, they claim to have the lowest prices, but in fact all they cut is quality and service. Bur of course, we are so worried that Microsoft might have a monopoly, we could not possibly have the time to check our own businesses...

Dominic
10 Nov 2009 11:52p.m.

A major factor for these rises could be of the minimum wage rises of at least 30 percent in the last 10 years. Still possible for another rise.

James
10 Nov 2009 10:59p.m.

I have found that all products advertised by progressive enterprises in their weekly mailer, the local pak'save will have that same product or a better substitute at a cheaper price within the next day. It shows that foodstuffs have more freedom to lower prices and make them overall i think more efficient.

Chris
10 Nov 2009 8:23p.m.

countdown prices have had major increases since taking over woolworths they use to be cheap but no longer it has come to my attention that foodstuffs are becoming a lot cheaper in this part of the country

Lyreva Rhodes
10 Nov 2009 8:05p.m.

NZers need to shop local! Find a butcher, and vege shop and make these supermarkets think harder! As long as we pay they will charge!

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