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Foodstuffs
From Wikipedia, the free encyclopedia
Foodstuffs is a New Zealand grocery distributor incorporated as a retailers' cooperative. Foodstuffs hold the highest market share in groceries in New Zealand. Together with its main competitor Progressive Enterprises, they hold over 90% of the market making New Zealand a classical retail duopoly. Foodstuffs franchises three supermarket chains:
New World is a full service supermarket operating in key sites in towns across the country. Pak'n Save is a food warehouse discounter. Four Square is a chain of convenience stores operating in communities through the country.
On the Spot are a chain of dairys which operate in the South Island. Foodstuffs also operate a wholesale operations Gilmours in the North of the North Island, Toops in the lower North Island and Trents in the South Island.
Super Bank is the name of the financial services business that Foodstuffs and the St George Bank of Australia have entered into partnership to provide banking services in its stores in New Zealand.
All the Foodstuffs stores stock branded products as well as their own Pam's and Budget private label products.
Foodstuffs is a 25% partner in Loyalty New Zealand Limited, the operator of Flybuys in New Zealand, and provides benefits to customers through it.
Foodstuffs has recently managed to buy a 10% share of New Zealand's largest retailer, The Warehouse.
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