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One of this country s highest revenue-earning supermarkets has been sold to a former shelf stacker - 29-Jul-2021
nzcity.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nzcity.co.nz Daily Mail and Mail on Sunday newspapers.
One of this country s highest revenue-earning supermarkets has been sold to a former shelf stacker - 29-Jul-2021
nzcity.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nzcity.co.nz Daily Mail and Mail on Sunday newspapers.
Ardern s announcement followed the detection of three new community COVID-19 cases in south Auckland on Sunday, with health officials yet to determine a source of infection and still awaiting the test results of close contacts.
In her speech on Sunday night, the Prime Minister called on Kiwis not to head straight to the shops in panic. You ll remember that supermarkets, pharmacies, primary produce retailers and petrol stations, they will all remain open throughout - so no need after this announcement to rush out to get any essential items, she said. Those providers. will all be open and continue to be open.
Supermarket musical chairs : 4 Pak nSave, New World stores said to be changing hands
21 Jan, 2021 04:34 AM
4 minutes to read
Supermarket store sales - big business. Photo / Greg Bowker Four upper North Island supermarkets worth tens of millions of dollars are being sold in a musical chairs-style of transactions triggered by the pending sale of what is thought to be New Zealand s biggest revenue-earning store.
Stores in the Foodstuffs North Island co-operative at Albany, College Hill, Birkenhead and Te Kuiti are said by insiders to be changing hands because owner/operators can only control one outlet at any one time.
All the deals are said to be triggered by the pending sale in August of Pak nSave Albany which is said by insiders to then spark ownership changes to New World Victoria Park and possibly New Worlds at Birkenhead and Te Kuiti.
Sale tipped of giant NZ supermarket: from one multimillionaire to another
6 Jan, 2021 11:00 PM
7 minutes to read
Supermarket sales: one store owner buying another. Photo / Greg Bowker
The supermarket thought to have the largest revenue of any in New Zealand is tipped to be sold to a former shelf stacker. In a deal due to settle later this year and which could be for around $50 million, insiders say the transition is on although owners are yet to confirm that.
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Pak nSave Albany, long owned by Paul and Liz Blackwell, is planned to be sold this August to the prominent owner of New World Victoria Park, Jason Witehira, executives say.
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