NZ supermarkets rake in far more than US counterparts

New Zealand’s major supermarkets bring in 42.8 percent more than big box supermarkets in the US, according to an academic who believes it’ll get worse if the Foodstuffs merger is allowed.
Serviced through its North Island and South Island wholesale networks, Foodstuffs co-op members operate 530 stores nationwide: New World, Pak’nSave, Four Square, On The Spot and Raeward Fresh, as well as wholesalers Gilmours and Trents.