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ROSA WOODS/Stuff Wellington City Missioner Murray Edridge says the supermarket gives shoppers dignity in choice and people could have a sense of “normality” in what they did without feeling stigmatised by their circumstances. Instead of giving food parcels, Wellington City Mission welcomed its first customers to pick their own items at its social supermarket on Tuesday. This move marks a change in how the charitable trust gives food to people who need support by providing them with choice, rather than set parcel of food. The social supermarket – the first of its kind in New Zealand – is just like any other supermarket, with fruits and vegetables, sanitary products, pasta, cheese and baked beans lined up along the aisles. ....
Auckland Airport’s international passenger volumes have been a fraction of what they were before Covid-19. Auckland International Airport is expected to post its first loss since listing on the stock market in 1998 due to “a monumental decline” in international passengers as a result of the pandemic. The airport, which reports its 2021 interim results on Thursday, is one of the largest companies on the New Zealand stock exchange with a market capitalisation of $10 billion. But it s been deeply affected by a collapse in international travel as result of Covid-19 border restrictions, and its stock price has fallen $1.40 over the past year to trade at around $7. In August, it posted a $194 million full year profit, down 63 per cent on the prior year. ....
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. ....
Suppliers concerned as Foodstuffs presses ahead with centralisation 15 Jan, 2021 02:00 AM 5 minutes to read Foodstuffs owns the Pak n Save, New World and Four Square supermarkets. Photo / File Foodstuffs North Island will press ahead with a contentious plan to further centralise the process by which it buys and decides the range of products it stocks on its supermarket shelves. In April, the heavyweight grocer will begin to centralise buying and ranging for all three of its grocery store banners (North Island New World, Pak nSave and Four Square stores), signalling one of the retailer s biggest moves yet in its push for greater coordination and efficiency. ....