Original article on Stuff https://www.stuff.co.nz/business/300585457/foodstuffs-cuttin...
Supermarket operator Foodstuffs says it will reduce the price of 110 of the most purchased grocery items by an average of 10%.
Foodstuffs, which operates the New World, Pak’nSave, and Four Square brands, said it would reduce the prices on items to what they averaged during the 13 weeks between January 25 and April 25 last year.
Quin said customers shopping at New World in the North Island would see Value white toast, 600g, reduce from $1.40 to $1.19, a 1kg block of Pams edam cheese reduce from $11.55 to $9.99, and a 1kg of Value frozen mixed vegetables reduce from $2.59 to $2.19.
In South Island New World stores, some examples of products in the rollback included 185g Sealord Tuna reducing from $3.39 to $2.79, and 1.5kg Pams rolled oats reducing from $4.29 to $3.94. The items will be labelled in store and online under “rollback”.
The full list of items would be available on Monday.
What do you think? I think it's better than that Countdown price freeze nonsense they announced last week. I might have to become a regular Pak'n'Save shopper.