pak n save opened in nz on june 1985.
pak n save opened in nz on june 1985.
when did pak n save open in nz?
june 1985
section::::history.









































pak'nsave was developed following a trip by a group of foodstuffs executives to the united states in 1985. on that visit they saw cub foods, operated by supervalu, pak 'n save operated by safeway, and other box warehouse supermarkets. foodstuffs then copied this format in new zealand. the original pak'nsave format was almost an identical copy of safeway's pak 'n save chain in northern california.









































the first store, styled "pak 'n save", opened in june 1985 at kaitaia in the north island.









































section::::operations.









































as of september 2017, there were 57 pak'nsave stores across new zealand.
pak'nsave
in september 1984, the trump group, led by new york investors julius and edmond trump (who are not related to donald trump) attempted to acquire pay 'n save for $355 million. pay 'n save's largest shareholders, stuart sloan and samuel n. stroum, vowed to fight the sale of the retail company. on september 12, 1984, the trump group announced that it had withdrawn its offer to purchase ernst's parent company in order to negotiate with sloan and stroum. on october 15, 1984, pay 'n save was officially sold to the trumps for $358 million. the future of ernst was put at risk in may 1985 when pay 'n save announced plans to sell off all of its subsidiaries. on november 8, 1985, pay 'n save's drugstore chain became controlled by a company equally owned by the trump group and a partnership headed by william zimmerman, owner of california discount chain pic 'n' save. the sale left pay 'n save with 69 ernst stores, three yard birds stores and wholesaler northwestern drug co. in january 1986, pay 'n save was renamed seattle standard corp. in march 1986, hal smith, former president of irvine, california-based builders emporium, succeeded mike rouleau as president and ceo of ernst.
ernst home centers