Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. Progressive Enterprises Limited is an Australian owned company operating in New Zealand, and a subsidiary of the Australian retail group Woolworths Limited. Progressive Enterprises is New Zealand's largest single grocery company in New Zealand, with a revenue of NZ$4,957 million for the year to June 2009. With a 42% market share, is New Zealand's largest-equal grocer, and along with the conglomerate rival grocer Foodstuffs, it forms part of the New Zealand supermarket duopoly. Progressive has recently managed to buy a 10% share of New Zealand's largest retailer, The Warehouse. On 25 May 2005 it was announced that Woolworths Limited, one of Australia's largest retailers, would be purchasing Progressive along with 22 Action stores in Australia. The deal was worth approximately NZ$2.5 billion and culminated in the official transfer of assets on 24 November 2005.

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