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Progressive Enterprises
Woolworths New Zealand Limited (formerly Progressive Enterprises) is the second largest grocery company in New Zealand (behind Foodstuffs (company), Foodstuffs), with revenue of NZ$6.2 billion for the year to June 2018. Alongside Foodstuffs, Woolworths NZ forms part of the New Zealand supermarket duopoly. Progressive Enterprises Limited was once owned by the Western Australian Supermarket Group FAL – Foodland Associated Limited which operated Action Supermarkets, Supa Valu Supermarkets and Dewsons Supermarkets. It is now a wholly owned subsidiary of the Australian Woolworths Group (Australia), Woolworths Group. History * 1948: Progressive Enterprises Limited was established on 9 February 1949 by the Picot family. * 1961: Progressive Enterprises became the parent company to Foodtown#1961 - 1988 Woolworths NZ, Foodtown Supermarkets Limited. * 1974: Albert Gubay opens the first 3Guys store. Progressive Enterprises purchased the chain in 1987, and rebranded or closed them throu ...
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Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ...
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Roger Award
The Roger Award For The Worst Transnational Corporation Operating in New Zealand was an annual media campaign run since 1997 by two activist organisations, Campaign Against Foreign Control of Aotearoa and GATT Watchdog. The winners were chosen by a group of academics, activists, businesspeople and trade unionists. In April 2018 it was announced the 2016 Roger Award would be the final award, due to a declining number of nominations. Background The awards bear the name of former New Zealand Finance Minister Sir Roger Douglas, who introduced far reaching market-oriented reforms in the 1980s (also taken into account during the naming decision were New Zealand Business Roundtable director Roger Kerr, the verb "to roger", and the term "Jolly Roger"). These changes, reinforced by successor Ruth Richardson in the 1990s, made the country's economy one of the most open in the world. Through this period, the role and profile of multinational companies increased. The privatisation of Tra ...
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Countdown (supermarket)
Countdown was an Australian-owned New Zealand full-service supermarket Business chain, chain and subsidiary of Woolworths New Zealand, itself a subsidiary of Australia's Woolworths Group (Australia), Woolworths Group. It was one of two supermarket chains in New Zealand, the other being Foodstuffs (company), Foodstuffs. Until the brand's rebranding, there were 194 Countdown stores, with 61 in Auckland. In July 2023, the company announced that all Countdown stores would be rebranded back to Woolworths, the name of the parent company and name of the supermarket used in Australia. The rebrand came into effect from early 2024 with signage changing over the following two years. History Discount supermarket chain (1981–2008) The first Countdown Foodbarn store opened in May 1981 at the Northlands Shopping Centre in Christchurch. The store was owned by Rattrays Wholesale. The Rattrays Wholesale Group later included Rattrays Cash and Carry warehouses, tobacco vans (latter known ...
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The New Zealand Herald
''The New Zealand Herald'' is a daily newspaper published in Auckland, New Zealand, owned by New Zealand Media and Entertainment, and considered a newspaper of record for New Zealand. It has the largest newspaper circulation in New Zealand, peaking at over 200,000 copies in 2006, although circulation of the daily ''Herald'' had declined to 100,073 copies on average by September 2019. The ''Herald''s publications include a daily paper; the ''Weekend Herald'', a weekly Saturday paper; and the ''Herald on Sunday'', which has 365,000 readers nationwide. The ''Herald on Sunday'' is the most widely read Sunday paper in New Zealand. The paper's website, nzherald.co.nz, is viewed 2.2 million times a week and was named Voyager Media Awards' News Website of the Year in 2020, 2021, 2022, and 2023. In 2023, the ''Weekend Herald'' was awarded Weekly Newspaper of the Year and the publication's mobile application was the News App of the Year. Its main circulation area is the Auckland R ...
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McDonald's New Zealand
McDonald's Restaurants (New Zealand) Limited (also trading as "Macca's") is the New Zealand subsidiary of the international fast food restaurant chain McDonald's. Its first location opened in 1976. In 2017 McDonald's New Zealand had 167 restaurants operating nationwide, serving an estimated one million people each week. The company earned revenues of over $250 million in the 2018 financial year. As with McDonald's locations worldwide, the Master franchise, franchise primarily sells hamburgers, cheeseburgers, chicken (food), chicken, french fries, breakfast items, soft drinks, milkshakes and desserts. In response to changing consumer tastes, the company has expanded its menu to include salads, fish (food), fish, wrap (food), wraps, smoothies, and fruit. The company also operates McCafé chains within many of its stores; through McCafe McDonald's is the largest coffee shop brand in the country. McDonald's New Zealand operations are based in Greenlane, Auckland. History 1970s ...
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Georgie Pie
Georgie Pie was a fast food chain owned by retailer Progressive Enterprises specialising in meat pies that hoped to be New Zealand’s own homegrown alternative to the global fast-food industry giants such as McDonald's, Pizza Hut and Burger King. The first Georgie Pie restaurant opened in 1977, and at its peak there were 32 restaurants across New Zealand. After running into financial difficulties, it was bought out by McDonald's in 1996, mainly for its restaurant locations. The last Georgie Pie store was closed in 1998. Large pies at Georgie Pie came in a range of traditional (mince and cheese/ steak and kidney) and international (Chinese/Mexican/Italian) flavours. In 2013, following frequent calls for the brand's return, McDonald's reintroduced Georgie Pie through its restaurants. It was discontinued in 2020. History Georgie Pie was the brainchild of Tom Ah Chee, who opened New Zealand's first supermarket ( Foodtown Ōtāhuhu, 1958). Ah Chee had made an unsuccessful bid ...
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Price Chopper (New Zealand)
Price Chopper was part of the Woolworths New Zealand Supermarket Group, alongside Woolworths and Big Fresh. History The Price Chopper format was established in 1987, as a discount supermarket chain with a limited fresh foods. Woolworths rebranded its smaller stores under the new brand, allowing them to remain open and ensure the sites were not taken over by competitors. Price Chopper stores were centrally located in small towns and metro areas with no discount supermarkets, and the stores had the same modern technology of larger supermarket chains. There were 14 Price Chopper stores in 2001. There were 17 Price Chopper stores in 2003. There were no stores in Auckland. On 12 April 2004, the Price Chopper brand ceased to operate within New Zealand. Many of the stores were converted to Countdown or Woolworths stores. Generic products The Price Chopper Chain had a high focus on the Woolworths Supermarket (NZ) corporate brands, No Frills and First Choice No Frills No F ...
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Big Fresh
Big Fresh was a New Zealand supermarket chain. The first Big Fresh store opened in 1988 in Mount Wellington, Auckland. In 2003, the Big Fresh brand was shut-down by its owner Progressive Enterprises, with branches converted to Countdown or Woolworths, or shut down altogether. The distinguishing feature of the Big Fresh was its emulation of a farmers market in a supermarket environment, with a focus on an extensive range of fresh foods; this was unique in New Zealand at the time of its opening. In addition to its market-like atmosphere, Big Fresh had a number of features that made their stores unique within New Zealand, such as a ''Popcorn Club'' for children and in-store family entertainment, such as animatronic singing and dancing fruits and vegetables, mooing cows, singing sausages, and giant egg-laying chickens. History The first Big Fresh store opened in 1988 in Mount Wellington, Auckland. The entertainment attracted customers, allowing Big Fresh to outpace Woolwort ...
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3 Guys
3 Guys (also operating as Gubays) was a New Zealand, Irish and US supermarket chain that operated between 1973 and 2003. History Albert Gubay era Albert Gubay established the supermarket chain while living in New Zealand from January 1973 to April 1974. Shares in rival supermarket chain Foodtown fell dramatically when his move to New Zealand was confirmed. Gubay asked the Minister of Trade (New Zealand), Minister of Trade and Industry Joe Walding to force Unilever and other suppliers to do business with him. However, an investigation found the suppliers were not breaking the law, and Unilever publicly offered to supply Gubay on similar terms to other buyers. The first store was opened in Māngere in January 1973. Further stores were added in Papatoetoe, Mount Eden, Auckland, Mount Eden, and Northcote, Auckland, Northcote later that year. Construction on a store in Glen Eden had begun by July 1973. Plans for a store in Green Bay, New Zealand, Green Bay were scrapped due to ...
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Woolworths NZ
Woolworths New Zealand Limited (formerly Progressive Enterprises) is the second largest grocery company in New Zealand (behind Foodstuffs), with revenue of NZ$6.2 billion for the year to June 2018. Alongside Foodstuffs, Woolworths NZ forms part of the New Zealand supermarket duopoly. Progressive Enterprises Limited was once owned by the Western Australian Supermarket Group FAL – Foodland Associated Limited which operated Action Supermarkets, Supa Valu Supermarkets and Dewsons Supermarkets. It is now a wholly owned subsidiary of the Australian Woolworths Group. History * 1948: Progressive Enterprises Limited was established on 9 February 1949 by the Picot family. * 1961: Progressive Enterprises became the parent company to Foodtown Supermarkets Limited. * 1974: Albert Gubay opens the first 3Guys store. Progressive Enterprises purchased the chain in 1987, and rebranded or closed them throughout the 1990s with the store in Hillcrest, Hamilton being one of the last when it c ...
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Grocery Store
A grocery store ( AE), grocery shop or grocer's shop ( BE) or simply grocery is a retail store that primarily retails a general range of food products, which may be fresh or packaged. In everyday US usage, however, "grocery store" is a synonym for supermarket, and is not used to refer to other types of stores that sell groceries. In the UK, shops that sell food are distinguished as grocers or grocery shops (though in everyday use, people usually use either the term "supermarket" or a " corner shop".) Larger types of stores that sell groceries, such as supermarkets and hypermarkets, usually stock significant amounts of non-food products, such as clothing and household items. Small grocery stores that sell mainly fruit and vegetables are known as greengrocers (Britain) or produce markets (US), and small grocery stores that predominantly sell prepared food, such as candy and snacks, are known as convenience shops or delicatessens. Definition The definition of "grocery s ...
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