Stacks of cash will be required to create competition against the supermarket duopoly.

The Government is requiring Countdown and Foodstuffs to provide competitors with fair access to their products on wholesale terms.

Supie online supermarket founder, Sarah Balle, says meaningful competition will only happen when other supermarket players get bigger.

She told Mike Hosking for this to occur, consumers need to change where they shop, and competitors need huge capital.

Balle says there's yet to be someone with deep enough pockets to take on the billion-dollar supermarkets.

LISTEN ABOVE

Stacks of cash will be required to create competition against the supermarket duopoly.
The Government is requiring Countdown and Foodstuffs to provide competitors with fair access to their products on wholesale terms.
Supie online supermarket founder, Sarah Balle, says meaningful competition will only happen when other supermarket players get bigger.
She told Mike Hosking for this to occur, consumers need to change where they shop, and competitors need huge capital.
Balle says there's yet to be someone with deep enough pockets to take on the billion-dollar supermarkets.
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.