Foodstuffs South Island Lim ited Annual Report 2011 Sum m ARy ...

14
New World had a very successful
year, recording strong sales growth
and market share. These results
were achieved during a period of
difficult trading conditions and the
unprecedented impact of South
Island disasters.
• Canterbury Earthquakes which
forced the closure of three of the
40 South Island stores – New
World Kaiapoi in September
and New Worlds St Martins and
Redcliffs in February.
• The Southland Snow Storm in
September, forcing the temporary
closure of New World Windsor.
• The Pike River mine disaster,
impacting the community on the
West Coast.
The year has also brought a number
of positives including the alignment
of national marketing campaigns;
Clever Baskets and the ‘Slice’ which
showcase the banners core values
of Service, Quality, Value and the
commitment to meeting customers’
different needs.
The New World Group welcomed
Justin and Claire Vaudrey as the new
Owners of New World Westport, a
vacancy created with the relocation of
Kathy and Wayne Frampton to New
World Northwood, Christchurch.