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28 Feb 2026 23:33
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  •   Home > News > Business

    It's been revealed UK supermarket giant Tesco, declined the Finance Minister's invitation for a meeting to discuss the issues in our grocery sector

    It's been revealed UK supermarket giant Tesco, declined the Finance Minister's invitation for a meeting to discuss the issues in our grocery sector

    28 February 2026
    Nicola Willis announced a request for information last year, aiming to explore what barriers prevented a new competitor from breaking up Woolworths and Foodstuffs duopoly.

    The supermarket opted not to participate in the process, alongside two other supermarket giants, Aldi and Lidl.

    Grocery advocate Ernie Newman, says he had never believed new entrants could be coaxed into the New Zealand market.

    He says if all these entrants have been saying no to Nicola Willis, she needs to front up to it.

    © 2026 Newstalk ZB, NZCity


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     Top Stories

    RUGBY RUGBY
    The Chiefs are refusing to underestimate a wounded Crusaders side ahead of tonight's Super Rugby grand final rematch in Hamilton More...


    BUSINESS BUSINESS
    It's been revealed UK supermarket giant Tesco, declined the Finance Minister's invitation for a meeting to discuss the issues in our grocery sector More...



     Today's News

    International:
    Israel and US attack Iran live updates: Blasts heard in Tehran and explosions reported in cities across region 22:56

    Rugby:
    The Chiefs are refusing to underestimate a wounded Crusaders side ahead of tonight's Super Rugby grand final rematch in Hamilton 21:57

    Auckland:
    Four people have been injured - one seriously - when a van rolled in the Auckland suburb of Wiri 21:17

    Law and Order:
    The Armed Offenders Squad has been working in Auckland's Papakura today, after a man was shot this morning 18:57

    Rugby:
    The Blues are pointing to territory and preventing set piece penalties as keys to victory against the Brumbies tonight in Canberra 18:37

    International:
    Crown prince Reza Pahlavi on US military intervention in Iran and how a post Islamic Republic 'transition' would work 18:17

    Politics:
    Bill Clinton tells congressional committee he had 'no idea' about Jeffrey Epstein's crimes 18:07

    Soccer:
    Auckland FC attacking weapon Jesse Randall is stoked with how the club is tracking heading towards the final stretch of the A-League's regular season 18:07

    Boxing:
    Kiwi Carlos Ulberg will fight for the vacant UFC light heavyweight title at UFC 327 in Miami on April 12 17:27

    Rugby:
    Crusaders utility back Leicester Fainga'anuku's comfortable being deployed in a third different role in as many weeks on his Super Rugby Pacific return 16:57


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