Tex Edwards: Monopoly Watch Spokesperson on Supie folding and the sector needing a structural reset
The Mike Hosking Breakfast · Newstalk ZB
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Show Notes
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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