close
MENU
Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
General Business
2 mins to read

Countdown prices, margins rise on bumper Covid demand

Supermarkets were accused of hiking prices during the pandemic.

Countdown New Zealand’s prices rose more than 5% before the country went into level 4 lockdown, as specials and promotions were axed in the face of panic-buying shoppers.

The supermarket chain’s revenue rose more than 9% to $7.2 billion in the year to 28 June, 2020, while earnings before

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Hamish McNicol Wed, 02 Sep 2020
Contact the Writer: Hmcnicol@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Countdown prices, margins rise on bumper Covid demand
General Business,
84803
true