International grocery giant Aldi is eyeing up New Zealand in a move that could shake up the tightly-held supermarket sector. Acting Prime Minister Grant ...
He said the Government would ensure newcomers to the supermarket sector would have "places to build and access to goods." The news comes as the Government warned the two major players in the New Zealand supermarket sector to change "at pace" or face regulation. Robertson said the Government had asked the duopoly to open its wholesale arm to would-be competitors at fair prices. A "Bring Aldi to New Zealand" Facebook page has around 1500 members and regular posts calling for the giant to open here. Asked if Aldi was one Robertson said: "Aldi is one of the players but I am not going to announce things to people today." International grocery giant Aldi is eyeing up New Zealand in a move that could shake up the tightly-held supermarket sector.
German discount supermarket chain Aldi is among those considering entering New Zealand's market, the deputy prime minister says.
“We welcome the range of actions announced today as a positive step. But he said there were a number that could if it became more competitive. Aldi has been registered with the New Zealand Companies Office since 2000, and has previously said it was not looking to launch in New Zealand anytime soon. One reason its prices are so low is that most of the groceries it carries are under its home brand, and it also only carries the most commonly purchased grocery items in the most popular sizes. Robertson told RNZ he did not want to “put out there” the names of foreign companies that might want to establish a foothold in the New Zealand supermarket market. The Government wants to make it easier for a new competitor to enter the market, or for existing independents to grow.
The move would see a huge shake up for country's current grocery market, which currently has just two major players.
It's due to open a the end of August at the Westgate Town Centre in north-west Auckland. Costco, one of the world's biggest retail chains is also set to open its first New Zealand store in a few months. Robertson told RNZ Aldi is one of the players eyeing entering the New Zealand market, but wouldn't shed any further light.
Acting Prime Minister Grant Robertson told RNZ Aldi was "one of the players" and had shown an interest in Aotearoa's grocery market. "Aldi is one of the players ...
Smaller grocery retailers welcome a 'step in the right direction' on supermarket changes, but say the duopoly will dominate until there's an independent ...
The suite of changes comes as Labour sinks in the polls and red hot inflation drives a cost of living crisis. Aldi set up shop in Australia in 2001 and has helped to drive down prices since. ACT's David Seymour argues more regulation would discourage competition, and the government should focus on real barriers such as the country's strict foreign investment rules. Now if they were doing that they were never going to be competitive. "We've taken two decades to get into the situation where competition is very constrained, it's going to take some years to get out of this situation." "We've taken two decades to get into the situation where competition is very constrained, it's going to take some years to get out of this situation." "The duopoly ... recognise that there is a need for change, we now need to see a follow through on those works with actions ... if that doesn't happen we're going to regulate it." "I don't think the regulation that has been announced yesterday will incentivise any new retailers to come in." "The duopoly ... recognise that there is a need for change, we now need to see a follow through on those works with actions ... if that doesn't happen we're going to regulate it." "I don't think the regulation that has been announced yesterday will incentivise any new retailers to come in." Wholesalers need to be independent "so that we truly have an alternative in New Zealand outside of the duopoly," she said. Despite the government's pledge to ensure a fair wholesale price, the duopoly would need to cover costs and add a margin, and other retailers would have do the same, she said.
Aldi, a national discount supermarket chain that offers brands at low prices, opened a new store in Jamaica on Thursday, May 26.
The company prides itself on setting the standard for quality and affordability. The grocery store held its soft opening on May 25. “We have so many awesome employees we hired locally and people coming in to say hello and shop.”
Global discount supermarket giant Aldi has no plans to expand to the New Zealand market, the company has confirmed.
Aldi set up shop in Australia in 2001 and has helped to drive down prices since. It was possible a number of other retailers may enter the market. The clarification comes after acting Prime Minister Grant Robertson suggested it was among a number of players interested in the New Zealand market.
Robertson was expressing confidence that government plans to shake up the supermarket sector would result in increased competition and lead to lower prices.
Aldi set up shop in Australia in 2001 and has helped to drive down prices since. It was possible a number of other retailers may enter the market. The clarification comes after acting Prime Minister Grant Robertson suggested it was among a number of players interested in the New Zealand market.
The retail giant has pledged its commitment to making 'sustainability affordable' for Australian consumers.
“We were the first Australian supermarket to introduce reusable crates. “We were the first large Australian supermarket to remove single use plastic tableware from our shelves, the first to replace plastic cotton bugs with a paper-stemmed version and the first to start removing plastic straws from drinks cartons. “We were the first Australian supermarket to achieve our 100% renewable electricity target.