Supermarkets face huge penalties over wholesale rules

Supermarkets face huge penalties over wholesale rules

Supermarkets face huge penalties if they are found guilty of failing to open up their grocery wholesale arms to competitors under proposed new regulations. The NZ Herald reports the penalties range from $500,000 for an individual to $10 million for a company in the...
Katherine Rich: the whisper that roared

Katherine Rich: the whisper that roared

Katherine Rich began raising concerns about supermarket power in the grocery sector over a decade ago, speaking “with very much a whisper”, writes Kate MacNamara. But, as Kate reports, “over the years her voice has both strengthened and joined a...
HSR uptake climbs to 5900

HSR uptake climbs to 5900

HSR uptake climbs to 5900 September 8 2022 FGC member companies are continuing to bring more food products into the Health Star Rating system. At the end of December, they had 3363 products with HSR labels on them – an increase of 316 on December 2021. The...
Raewyn Bleakley starts at FGC

Raewyn Bleakley starts at FGC

Raewyn Bleakley has now assumed her role as the new Chief Executive of FGC. She has replaced Katherine Rich who is stepping down after 13½ years. Raewyn is an experienced and successful senior leader who has worked across and within government for more than 20 years,...
Forcing duopoly to offer wholesale to competitors welcomed

Forcing duopoly to offer wholesale to competitors welcomed

Forcing the supermarket duopoly to negotiate wholesale offerings to competitors on commercial terms is a significant but necessary step if Kiwis are to see better choice and lower prices, says FGC. “This plan by the Government to inject more competition into the...
Katherine Rich: the whisper that roared

Katherine Rich to step down from FGC

The NZ Food & Grocery Council Chief Executive Chief Executive Katherine Rich is stepping down from the role after 13½ years. She says it’s time to pass the baton to someone else, and to move onto new, as yet unknown, ventures. The search for a successor is being...
Perfect storm for suppliers as grocery prices rise

Perfect storm for suppliers as grocery prices rise

Grocery suppliers have been faced with a perfect storm as grocery prices rise, says FGC in response to analysis by consultants Infometrics. The analysis, which was commissioned by Foodstuffs NZ, shows grocery costs from suppliers rose 7.9% in July. Infometrics...
Supermarkets could face $10m fines for Code breaches

Supermarkets could face $10m fines for Code breaches

Countdown and Foodstuffs could face fines of up to $10 million or three times any commercial gain they received if they breached the proposed new supermarket Code of Conduct – whichever was higher – according to a newly released Cabinet paper. It shows Ministers...