23 Jan 2024

NZ's two major supermarket groups investigated over pricing

From Morning Report, 7:12 am on 23 January 2024

The pricing and promotional practices at the country's two major supermarket groups are to be the focus of an investigation opened by the Commerce Commission.

The consumer watchdog is responding to a claim made last August by Consumer NZ that the Foodstuffs and Woolworths supermarket groups have engaged in misleading pricing, including the advertising specials that are anything but. Both companies have said they will cooperate fully.

Neither accepted our request for an interview.

Consumer NZ chief executive Jon Duffy spoke to Corin Dann.