John Duffy: Consumer NZ CEO on Supie entering voluntary administration and the barriers to enter the grocery market
Early Edition with Ryan Bridge · Newstalk ZB
Audio is streamed directly from the publisher (pdst.fm) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Supie customers may be left out of pocket.
The online grocer's entered voluntary administration with PwC, owing some $3 million after launching two years ago.
It promised to bring competition to the market, and subscriptions to the service cost an annual fee of $99.
Consumer New Zealand CEO Jon Duffy told Kate Hawkesby that they don’t know all the reasons that lead to Supie going into voluntary administration, so they can’t say the duopoly is the one to blame.
He said that they do know that the market is really difficult to enter, and they’re looking to lower those barriers of entry.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.