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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 cl ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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2006 Progressive Enterprises Dispute
The 2006 Progressive Enterprises Dispute was an industrial dispute between New Zealand supermarket company Progressive Enterprises and employees represented by the National Distribution Union and the EPMU. On 25 August 2006, over 500 employees at Progressive's four distribution centres (in Auckland, Palmerston North and Christchurch) began a 48-hour strike supporting a demand for a national collective agreement involving an eight percent wage increase and pay parity between the four centres. On 26 August 2006 the company locked out the strikers indefinitely, suspending operations at its distribution centres, with suppliers delivering goods directly to the supermarkets and also setting up amateur small scale distribution centres in car parks of Countdown supermarkets. The dispute was resolved on 21 September 2006 when Progressive Enterprises agreed to pay parity and a 4.5% wage increase. Background In 2003 Progressive closed its Auckland and Christchurch distribution centers and r ...
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Retail Companies Of New Zealand
Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a profit. Retailers are the final link in the supply chain from producers to consumers. Retail markets and shops have a very ancient history, dating back to antiquity. Some of the earliest retailers were itinerant peddlers. Over the centuries, retail shops were transformed from little more than "rude booths" to the sophisticated shopping malls of the modern era. In the digital age, an increasing number of retailers are seeking to reach broader markets by selling through multiple channels, including both bricks and mortar and online retailing. Digital technologies are also affecting the way that consumers pay for goods and services. Retailing support services may also include the provision o ...
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Supermarkets Of New Zealand
A supermarket is a self-service Retail#Types of outlets, shop offering a wide variety of food, Drink, beverages and Household goods, household products, organized into sections. This kind of store is larger and has a wider selection than earlier grocery stores, but is smaller and more limited in the range of merchandise than a hypermarket or Big-box store, big-box market. In everyday United States, U.S. usage, however, "grocery store" is synonymous with supermarket, and is not used to refer to other types of stores that sell groceries. The supermarket typically has places for fresh meat, fresh produce, dairy, Delicatessen, deli items, baked goods, etc. Shelf space is also reserved for canned and packaged goods and for various non-food items such as kitchenware, household cleaners, pharmacy products and pet supplies. Some supermarkets also sell other household products that are consumed regularly, such as alcohol (where permitted), medicine, and clothing, and some sell a much w ...
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Woolworths (New Zealand Supermarket Chain)
Woolworths was a New Zealand supermarket and general merchandise retail chain between 1929 and 2018. The brand was phased-out in the late 2000s. All but one store were rebranded as Countdown by 2011, with the exception in a location that already had a Countdown supermarket. In addition to groceries, some stores had a license to sell beer and wine. History Woolworths (1929–1979) Piercy Christmas opened the first Woolworths store on Cuba Street, Wellington in 1929. It expanded into a chain of stores, initially selling general merchandise. In 1963, Milne & Choyce, Farmers Trading Company and Woolworths formed a joint venture to establish New Zealand's first shopping mall in New Lynn, Auckland. All three companies established anchor stores in the new mall. Woolworths opened the first supermarket in Hastings in 1965. Woolworths acquired the Self Help grocery chain in the early 1970s and began to rebrand these as Woolworths in 1973. L.D. Nathan (1979–1990) L.D. Nathan ...
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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 of all newspapers 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. Its main circulation area is the Auckland region. It is also delivered to much of the upper North Island including Northland, Waikato and King Country. History ''The New Zealand Herald'' was founded by William Chisholm Wilson, and first published on 13 November 1863. Wilson had been a partner with John Williamson in the ''New Zealander'', but left to start a rival daily newspaper as he saw a business opportunity with Auckland's rapidly growing population. He had also split with Williamson because Wilson supported the war against the Māori (which the ''Herald'' termed "the ...
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