Podcasts Other The Mike Hosking Breakfast Tex Edwards: Monopoly Watch Spokesperson on Supie folding and the sector needing a structural reset

Tex Edwards: Monopoly Watch Spokesperson on Supie folding and the sector needing a structural reset

Published: Oct. 30, 2023, 9:25 p.m.

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A call to centre the discussion around breaking up the supermarket duopoly as an online grocer folds. \\xa0

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Supie began as a start-up in 2021, aiming to introduce competition in the supermarket industry.\\xa0

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Voluntary administrator PwC New Zealand estimates a debt of up to $3 million, and suspects liquidation in the coming days. \\xa0

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Monopoly Watch Spokesperson, Tex Edwards, told Mike Hosking that there\\u2019s a universal regret around not focusing on creating price competition, nutrition competition, and sustainability.\\xa0

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