Tex Edwards: Monopoly Watch Spokesperson on Supie folding and the sector needing a structural reset

 

A call to centre the discussion around breaking up the supermarket duopoly as an online grocer folds.  

Supie began as a start-up in 2021, aiming to introduce competition in the supermarket industry. 

Voluntary administrator PwC New Zealand estimates a debt of up to $3 million, and suspects liquidation in the coming days.  

Monopoly Watch Spokesperson, Tex Edwards, told Mike Hosking that there’s a universal regret around not focusing on creating price competition, nutrition competition, and sustainability. 

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