Latest news with #PieterdeWet
Scoop
2 days ago
- Business
- Scoop
Woolworths New Zealand Statement Re: Commerce Commission Publications Today
Attributed to Woolworths New Zealand's Interim Managing Director Pieter de Wet: We know New Zealanders are facing cost of living pressures and our absolute priority is delivering great products, great prices and a fantastic shopping experience for our customers as well as building a meaningful wholesale business. To do that, we work with over 1,400 local and international suppliers. We're proud of our positive relationships with suppliers who consistently rank us as the best grocery retailer to do business with - including in today's survey, and our own research. If we don't get it right with our suppliers, we can't get it right for our customers either. There's always room for improvement, and we're talking to our suppliers all the time so we can keep doing better. We support the Grocery Supply Code because we feel that consistent rules hold everyone to the same high standard and help businesses of all sizes to grow and succeed. Wholesale is a new and fast evolving area for us. We're building the best offering possible for the wider grocery industry and kiwi shoppers. In just three years we've developed a business which provides grocery products to more than 100 retail sites and we have over 60 customers using our service to provide more choices for shoppers. We're working closely with suppliers and wholesale customers to further improve and develop our wholesale business. We'll now take the time to read the draft documents issued by the Commerce Commission in detail and will work constructively with the Commission through the submission process.
RNZ News
01-05-2025
- Business
- RNZ News
Woolworths NZ sales rise despite grocery price decrease
Woolworths New Zealand's third quarter sales rose 4.8 percent. Photo: Supplied / Woolworths Woolworths New Zealand's third quarter sales rose 4.8 percent to nearly $2.12 billion. However, the grocer said there was a 0.3 percent drop in prices, led down by fruit and vegetables, such as potatoes, tomatoes and citrus, which offset increases in meat and dairy in the three months ended 6 April. "We know Kiwi customers are still facing cost of living pressures, and delivering value continues to be our priority," Woolworths New Zealand interim managing director Pieter de Wet said. "We've deliberately invested in keeping prices on key products as low as possible for as long as possible for our customers. The decline in average prices this quarter is also a good sign that food inflation is easing which is very welcome news. "However, we are a small, exporting country that's buffeted by international dynamics, and while rising dairy and beef prices at the moment are great news for our farmers, it's no secret that this has a knock-on effect for kiwi households. "As we head into the rest of the year, we'll continue to closely monitor our costs and remain focussed on meaningful value for our customers." De Wet said a near 24 percent increase in eCommerce sales reflected the changing ways New Zealanders were choosing to shop for their food. "More than ever, customers can shop around and compare prices and products online to choose the best option for their needs and budget. "We're continuing to grow our eCommerce network so we can provide even more convenience with options like Direct to Boot now available in 52 of our stores." Overall group sales, which included the Australian business rose 3.2 percent to A$17.3b. Sign up for Ngā Pitopito Kōrero, a daily newsletter curated by our editors and delivered straight to your inbox every weekday.
