Pak'nSave

I'm just gonna go sell them to the supermarkets, and best believe I'm in my car being like, "Sweet, I'm gonna hit every New World today.

I'm gonna hit every Pak'nSave." And what you start to realize is you can't just go into the location, talk to the buyer, and get your can in.

It's, it's a, it's a much different process than that.

So everything we kind of thought was gonna happen didn't happen, but naturally, that just makes you navigate it, figure it out, which is what we've done, right?

You know, those that have been on the journey with us online for a while know the changes that we've been making kind of on a daily basis to continue to push prices down with our EDLPs and our specials and, you know.

While, while we're not cheaper on every single good than, say, a Pak'nSave or them, it's obviously, you know, takes time.

Yeah, we're getting there.

We're continue, continue to push lower and lower, and that's where, through the online, the journey that we've been, now that we have direct supply and the support of the m-manufacturers directly, we believe we're, we're ready to take on the likes of a Pak'nSave, where if we did go next to one, so while, you know, if they drop the price, we can a-- you know, we can afford to too.

And, um, you know, that's the hope.

You wanna get into a price war 'cause, yeah, as you say, that's where consumers win.

That is our reality.

But then if, you know, if I got a job here, would that be the conversation in the break room? Would people be being like, "Oh, yeah, what time are we all going to Pak'nSave so that we can, you know, save enough money?" Or, you know, who has the car that then everybody is carpooling or sharing.

And so I think it's quite present if you are in communities of people who work for a living, and if you're in the professional class, it's probably happening, but you don't have the same, um, social connection to be able to talk about it in the same kind of way.

And this, your work should not be like s- It shouldn't be scaling, right?

Okay, bit of feedback.

Christine has said to me, "Duncan, this question is for Chris Luxon regarding the supermarkets bid of New World, Pak'nSave, and Four Square.

Question one: I regularly shop at New World and Pak'nSave.

Pak'nSave prices are nearly always cheaper than New World.

The prices are already competitive.

Just check the Grocer app for proof of this.

Why do you want to split the supermarkets? It appears to me that you're trying to fix a problem that isn't there." Yeah, I, I've been to both as well, and there's a massive difference.

If you want cheap goods, go Pak'nSave.

I think they, they do a pretty good job concerning.

But e- even the people in there, you know, where you get to Pak'nSave and that sort of.

You'd say hello to everybody in the, in the country.

I think, uh, I think it's more of the density of the population is the less connection with other people, less friendliness.