Reduced to Clear
In 36th place is Reduced to Clear, the owners are ex-commodity traders who spotted a gap in market through challenging times and they provide us with a great growth story. The core goal of the business is to eliminate NZ grocery surplus, thereby giving ordinary people the choice to buy leading brands at affordable prices and they have grown by 185.18% over the last three years. They've got big sights ahead to expand from 7 stores to 40 stores in the next ten years.
As a retailer of discount food and grocery products, we talked to the CEO John Honeycombe about why they are enjoying considerable growth:
www.reducedtoclear.co.nz