Restrictive supermarket covenants banned

Restrictive supermarket covenants banned

FGC welcomes the passing of legislation banning covenants that impede the development of land or the use of a site for a grocery store. The Commerce (Grocery Sector Covenants) Amendment Act 2022 deems such covenants as substantially reducing competition in the grocery...
Proposal to broaden scope of covenants

Proposal to broaden scope of covenants

FGC’s revealing submission on restrictive supermarket leases has been acted on by a select committee. The report-back on the Commerce (Grocery Sector Covenants) Amendment Bill by Parliament’s Economic Development, Science and Innovation Committee includes a proposal...

Anti-competitive behaviour on leases revealed

The Government and Opposition have vowed to clean up the New Zealand supermarket sector. It’s fair to say that in accepting 12 out of 14 of the Commerce Commission’s recommendations, and taking stronger action on the other two, the Government has gone further than...
Further anti-competitive behaviour by supermarkets revealed

Further anti-competitive behaviour by supermarkets revealed

FGC has revealed further anti-competitive behaviour by supermarkets, this time regarding the leases on their premises. Chief Executive Katherine Rich told the parliamentary select committee hearing the Commerce (Grocery Sector Covenants) Amendment Bill the leases ban...
Grocery stalwart Peter Mitchell dies

Grocery stalwart Peter Mitchell dies

New Zealand grocery industry stalwart and icon Peter Mitchell, the only two-time recipient of FGC’s Lifetime Achiever Award, has died. Peter was the owner of Review Publishing, whose stable of publications included the highly regarded Supermarket News, which has been...
Proposal to broaden scope of covenants

FGC welcomes Govt response to Market Study report

The New Zealand Food & Grocery Council welcomes the Government’s response to the Commerce Commission’s report on its Market Study into the grocery sector, particularly the strong emphasis on a mandatory Code of Conduct – our goal since 2010. “It’s a major task...
Legislation to block land covenants passes first reading

Legislation to block land covenants passes first reading

Legislation to stop major supermarkets blocking competitors from accessing land for new stores is now being considered by a parliamentary select committee. It was introduced into Parliament under urgency on Budget night by Commerce and Consumer Affairs Minister David...
Tidying up confusing recycling, waste system

Tidying up confusing recycling, waste system

A flurry of activity in recent weeks – some of it public, some not – shows the Government is finally getting around to tidying up New Zealand’s confusing recycling and waste system. But it will need to make sure it treads carefully if it is to take the public with it....
Price ‘roll-back’ shows path to affordable groceries

Price ‘roll-back’ shows path to affordable groceries

Freezes and rollbacks by supermarkets on grocery prices are a recognition there’s a part for supermarkets to play in ensuring affordable groceries, says Katherine Rich. She says she suspects suppliers are paying for these reductions one way or another and “retailer...