New Zealand news & analysis

20 February 2019
Woolworths has released H1 results with overall sales up 2.3% to AU$30.6bn for the six month to 30 December 2018. Australian Food sales up 2.3% to AU$19.9bn Food sales improved in the second quarter, but lower than expected sales in Q1 meant a slowdown for the half. It posted a 2.3% increase to AU$19.9bn, with EBIT rising 4% to AU$937m. The impact of the plastic bag ban and the succe...
28 November 2018
Countdown in New Zealand has moved to simplify its leadership team. Leadership team reduced to 11 people The Woolworths-backed retailer has reduced the number of people it its leadership team to 11 from 17. The shake-up of the management comes following new CEO Natalie Davis having taken over the leadership of the business in July this year. The job cuts are understood to be across a number...
14 February 2018
New Zealand-based retailer, Foodstuffs, is set to trial new AI technology in its flagship stores in the next few months - bringing the checkout to the trolley. How will it work? IMAGR, a local AI company, will launch its Smartcart technology at Foodstuff's Four Square store in Ellerslie, Auckland. Shoppers will need to first download an app and link a payment method to their account. When c...
06 November 2017
Countdown in New Zealand has launched a new app for its click & collect online pick up service, which will help enhance its service. Alerts for both customers and the store The new app will make click & collect even more convenient for customers, plus help drive more efficient in-store operations. The app is able to tell customers when their shopping is available for collection, plus will a...
11 October 2017
New World in New Zealand has announced that it will be phasing out the use of plastics bags. This matches Countdown's announcement last week and is a significant move to reduce the number of shopping bags in the system. Bag free by end of 2018 Following a trail which asked customers to either pay five cents per bag, 10 cents per bag or no charge at all, New World has announced that they w...
06 October 2017
Countdown in New Zealand has announced that it will be phasing out the use of plastics bags, with New World also testing a similar policy. Countdown leads ban on bags Countdown has announced that they will remove single-use plastic bags from its stores by the end of 2018. Their proposed policy is currently the strongest amongst the leading retailers in the country, and will mean 350 million...
11 September 2017
New Zealand retailer, Pak'nSave, owned by Foodstuffs, is opening its first mini supermarket on September 13th. Format remodels begin... The mini supermarket will open in the Write Price supermarket building on Levin's Queen. It will stock approx. 2500 products, just under three-times of its larger counterpart. Experimenting with this new concept store will help the retailer understand the i...
03 July 2017
The North Island branch of New Zealand's market leading supermarket co-operative is set to open a new Auckland-focused store concept in August this year. Targeting 10 new Fresh Collective stores The new stores will be called Fresh Collective by New World and will put a much stronger emphasis on fresh food and food-to-go solutions. Stores will feature a new central hub design, with butchers ...
02 May 2017
Australia's leading retailer Woolworths has reported strong quarterly results surging ahead of its main competitor Coles . Total third-quarter sales increased by 3.7% to AU$13.81bn (US$10.39bn) from AU$13.32bn (USD$10.02bn), previous year. Australian Food division healthy Woolworths supermarkets posted a strong growth of 5.1% to AU$9.3bn (US$7bn) in Q3, with like-for-like (LFL) sales up by...
02 August 2016
New Zealand's market leading grocery retailer Foodstuffs is to invest NZ$200m (US$144m) on new stores and refurbishments in the year ahead. Seven new stores across three formats The retailer will open seven new stores, costing NZ$120m, four in the North Island and three in the South Island. The openings will to be across various retail banners, including the retailer' New World supermarket...