Independent grocery retailer Paddock to Pantry is planning a $25 million expansion which would see it open more than 20 stores over the next five years.<\/p>\n
The family-owned business, which has built much of its business around online grocery deliveries, said it planned to open roughly one new store every three months.<\/p>\n
Its first new outlet is due to open in Kinloch, near Taup\u014d, in December, with sites on the East Coast and in South Auckland expected to follow early next year.<\/p>\n
A licensing application lodged with Taup\u014d District Council confirms Paddock to Pantry is seeking to operate a grocery store at 140 Kenrigg Road in Kinloch.<\/p>\n
It said around 90 percent of its sales currently came from e-commerce, but expected that to fall to about a third within five years as it expanded its store network.<\/p>\n
The company currently operates two physical stores, alongside its nationwide online supermarket business.<\/p>\n
The spending programme includes about $10 million for new stores, a proposed 5000-square-metre distribution centre and an expansion of its delivery fleet.<\/p>\n
The new openings would be a mixture of smaller stores of around 500 square metres, to larger footprints as big as 1800 square metres.<\/p>\n
Business manager John Kennerley said the company was targeting communities with limited supermarket choice and ultimately wanted to become the country’s third-largest grocery retailer.<\/p>\n
Kennerley describes himself as a co-founder of Paddock to Pantry and business manager of it and The Meat Box.<\/p>\n
The company said the expansion could create up to 1000 jobs across its retail network as well as warehousing, transport and distribution.<\/p>\n","protected":false},"excerpt":{"rendered":"Independent grocery retailer Paddock to Pantry is planning a $25 million expansion which would see it open more…\n","protected":false},"author":2,"featured_media":625186,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[138,111,139,69],"class_list":["post-625185","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-new-zealand","tag-newzealand","tag-nz"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/625185","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=625185"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/625185\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/625186"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=625185"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=625185"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=625185"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}