The only New Zealand-owned supermarket company, Foodstuffs Auckland, is upping the pace of its development plans in the north of the country.
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The firm’s general manager property operations Gordon Davies revealed earlier this week that construction is imminent on a NZ$15m (US$6.45m) development in Whangarei, a supermarket in Whakatane and seven other projects.
Foodstuffs operates through a co-operative structure where all outlets are franchised to owner-operators who are Foodstuffs shareholders.
