The grocery commissioner has issued guidance for grocery retailers on the new unit pricing regulations for grocery products. This will have a benefit for Kiwi consumers, making it easier for them to compare prices when doing grocery shopping. It will also be useful for suppliers when considering promotional investment, pack sizes and product range.
The guidelines are available here.
The Commissioner is encouraging retailers to understand their obligations and if they have any questions consider seeking legal advice.
More information from the Grocery Commissioner:
Click to access Grocery-Supply-Code-Checklist-for-Suppliers-29-Feb-2024.pdf
Click to access Commerce-Commission-Grocery-supply-code-factsheet-28-September-2023.pdf
“Regulated grocery retailers” (RGR's) and related parties for the purposes of the Code are defined under the Grocery Industry Competition Act 2023.
They are the main grocery retailers Woolworths New Zealand (including Countdown, Fresh Choice and Super Value) and Foodstuffs North Island and Foodstuffs South Island (including Pak’n Save,
New World and Four Square) and a list of persons and entities connected to them.
Other articles about Grocery Duopoly HERE
