Sarah Balle: Supie founder says there is yet to be someone with deep enough pockets to take on supermarkets

Published: Aug. 24, 2022, 9:10 p.m.

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Stacks of cash will be required to create competition against the supermarket duopoly.

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The Government is requiring Countdown and Foodstuffs to provide competitors with fair access to their products on wholesale terms.

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Supie online supermarket founder, Sarah Balle, says meaningful competition will only happen when other supermarket players get bigger.

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She told Mike Hosking for this to occur, consumers need to change where they shop, and competitors need huge capital.

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Balle says there\'s yet to be someone with deep enough pockets to take on the billion-dollar supermarkets.

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