Separate Foodstuffs into two competing grocery chains

National says it will break up the supermarket duopoly by forcing Foodstuffs to split into two competing grocery chains, one comprising PAK’n’SAVE and the other New World/4 Square.

“After years of reviews and incremental reform, it’s clear the status quo isn’t working. It’s time for change,” National finance spokeswoman Nicola Willis said. “New Zealanders deserve a better deal at the checkout. National is campaigning to make that a reality.”

“Separation would create three major nationwide grocery chains [with Woolworths] and put more pressure on supermarkets to win and keep customers.”