Latest from Foodstuffs (NZ) Ltd

How supermarkets set specials
New Zealand

How supermarkets set specials

Think discount specials are due to stock surpluses or items approaching their expiry dates? A new book claims that suppliers take the hit by being obliged to support supermarket promotions because the power is with retailers.

Fonterra cuts domestic milk prices
Business

Fonterra cuts domestic milk prices

Dairy giant Fonterra will reduce its domestic milk price from the end of the month and the savings look likely to be passed on to consumers at supermarkets. Fonterra froze the wholesale milk price for New Zealand after a public outcry last year.