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5 Jun 2020 12:00
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  •   Home > News > Business

    Concerns around price hikes at supermarkets will be addressed by the Prime Minister today

    Concerns around price hikes at supermarkets will be addressed by the Prime Minister today


    It comes as Foodstuffs admits its proportion of products on special at New World stores, has dropped since the Covid-19 outbreak.

    Jacinda Ardern says government ministers will discuss a range of topics facing grocery chains today - including stock and pricing issues.

    Foodstuffs says suppliers have been under intense pressure for weeks now, while border restrictions mean some imported foods may be temporarily unavailable.

    Meanwhile, all Foodstuffs frontline, distribution and transport employees working during the four-week lockdown will be paid a 10 percent allowance.

    © 2020 Newstalk ZB, NZCity


     Other Business News
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     05 Jun: New National leader Todd Muller is in Queenstown today - following on from wooing Christchurch business owners yesterday
     05 Jun: Queenstown Mayor Jim Boult agrees the tourism township is heading for 18.5 percent unemployment - but only if it does nothing
     04 Jun: A new survey of businesses who claimed the wage subsidy shows it was a lifeline for some workplaces
     04 Jun: An Auckland businessman's been put behind bars for smuggling nearly 20 million cigarettes into the country
     04 Jun: An look into the initial impact of Covid-19 on small businesses
     04 Jun: The impacts of COVID-19 are finally starting to ease for our national carrier
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