Labour pledges break up of supermarkets’ retail and wholesale operations

The Labour Party in New Zealand has announced a major policy pledge to break up the retail and wholesale operations of the country's major supermarkets. The policy was revealed in Wellington as the party positions the high cost of living as a central issue for the upcoming general election.

The proposed measure targets the structural organization of the supermarket sector, aiming to address economic pressures facing consumers. By separating retail and wholesale functions, the policy seeks to alter market dynamics within the grocery industry.