Foodstuffs (company)

Foodstuffs (NZ) Ltd
Company typeCo-operative
IndustryRetail
Founded1922 (1922)
HeadquartersNew Zealand
RevenueFoodstuffs North Island Increase NZ$4,299,346,000 (2023)
Foodstuffs South Island Increase NZ$3,413,203,000 (2023)
Foodstuffs North Island Decrease
NZ$264,461,000 (2023)
Foodstuffs South Island Increase
NZ$21,956,000 (2023)
Foodstuffs North Island Decrease
NZ$44,944,000 (2023)
Foodstuffs South Island Increase
NZ$6,917,000 (2023)
Total assetsFoodstuffs North Island Increase
NZ$3,542,547,000 (2023)
Foodstuffs South Island Increase
NZ$1,398,823,000 (2023)
Total equityFoodstuffs North Island Increase
NZ$1,074,289,000 (2023)
Foodstuffs South Island Decrease
NZ$368,624,000 (2023)
Subsidiaries
Website

Foodstuffs (NZ) Ltd is a New Zealand grocery company owned by the retailers' cooperatives Foodstuffs North Island Limited and Foodstuffs South Island Limited.[1] Together, the two cooperatives collectively control an estimated 53% of the New Zealand grocery market. The group owns retail franchises Four Square, New World and Pak'nSave, and in-store private labels Pams, Pam's Finest, and Value (formerly named Budget).[2] Foodstuffs operates over 400 retail stores as of 2020, and serves an estimated 3.6 million customers each week.[3]

Foodstuffs' major competitor is the New Zealand division of the Australian Woolworths Group through their main supermarket chain Woolworths New Zealand, creating an effective duopoly in New Zealand's supermarket sector.[4]

  1. ^ "Who We Are". foodstuff.co.nz. Retrieved 19 November 2018.
  2. ^ "New World's Home Brands | New World Supermarket". www.newworld.co.nz. Retrieved 11 February 2019.
  3. ^ "Market study into the retail grocery sector" (PDF). comcom.govt.nz. Commerce Commission. 10 December 2020. Retrieved 12 November 2023.
  4. ^ Kedgley, Sue (14 February 2014). "Sue Kedgley: Supermarket spotlight overdue". The New Zealand Herald. Retrieved 9 October 2014.

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