Tom Raynel is a Multimedia Business Reporter for the New Zealand Herald. He joined the Herald in 2024.
Tom is early in his journalism career. After finishing his political science studies at the University of Waikato, he worked at TechDay, where he covered new technology products, interviews and financial results for various sectors. He then provided freelance work to BusinessDesk, where he covered financial results, markets, court and liquidations. You can contact Tom at tom.raynel@nzme.co.nz
Electronic card data: Spending steady even as holiday sales start
New data from Stats NZ shows spending in retail steady during November.
Shoppers get their wallets out in the first week of December
Spending grew in the first seven days of December, more than the week of Black Friday.
Hallenstein Glasson’s early FY25 trading up, but NZ retail still challenging
Hallenstein Glasson shared its first results for FY25, and Australia is performing well.
Sustainable Foods owes the government $1.4m as potential buyer locked in
Sustainable Foods went into liquidation in August, now it owes the Crown $1.4 million.
Small businesses share predictions for Christmas spending
Holiday park's reservations might be a sign of slightly sunnier outlook.
Small Business: Roady is streamlining your summer road trip
Roscoe Price Moor talks to Tom Raynel about Roady and how it's transforming tourism.
Inside look: Air New Zealand's 'world-first' Dreamliner retrofit
New seats, bigger screens and legroom plus a luxury business premier option.
Matakohe Architecture shares how it uses kaupapa Māori
Jade Kake talks to Tom Raynel about how kaupapa Māori influences Matakohe's designs.
Silver is the new gold for Kiwi asset investment platform Goldie
Investment platform Goldie is expanding into silver as it seeks to add new assets.
Consumer advocates caution Kiwis over Black Friday sales
How to check whether you are getting a bargain.
Payments company Wise says Kiwi SMEs are held back by foreign exchange fees
Wise is calling for changes to transparency around foreign exchange fees.
Advocate calls for transparency over domain names for Kiwi stores
Jamie Farmer says billions could be poured back into our economy if Kiwis shopped locally.
Dr Michelle Dickinson sends heartfelt goodbye to Nanogirl Labs after liquidation
'Your belief in us made this extraordinary journey possible,' Dickinson says.
Kiwibank fined $1.5 million for breaching Fair Trading Act
The bank identified and self-reported the issues to the commission at the time.
Medicinal cannabis grower Puro seals Australian deal
The company is highlighting the regulatory roadblocks that prevent distribution here.
Kmart NZ reveals bumper profit
Kmart grew its net profit by over 50% year-on-year despite a tough retail environment.
JB Hi-Fi reports $6.8m loss for year
Its cost of doing business rose 23.4% after opening five new stores in NZ.
'A world of hurt': Retail sales remain flat as Black Friday looms
Stats NZ has revealed its latest Retail Trade Survey for the September quarter.
Kiwi bioplastic company reveals sustainable breakthrough
The bioplastic has a plethora of use cases including plant pots and construction.
Small Business: Beyond the blurb with The Book Nook
Kesia McKinnon talks to Tom Raynel about her book subscription business The Book Nook.
Grocery expansion contentious for Warehouse Group shareholders
Shareholders have expressed concerns over the group's performance, and they want grocery.
Shareholders criticise KMD Brands’ leadership as sales dip
Discontent as KMD's sales for Q1 FY25 were down compared with last year.
Snack giant Arnott's acquires three New Zealand brands
Mother Earth, Flemings and Value Pack (VP) join the almost 160-year-old Australian group.
Foodstuffs to appeal ComCom merger decision
The merger was denied last month by the Commerce Commission.
Revealed: The NZ town with the most business break-ins
The data show Rotorua has the highest proportion of burglaries in New Zealand.
Untapping the potential of Aotea’s native flora
Tama Toki talks to Tom Raynel about Aotea Made and how it's unleashing our native flora.
The Kiwi landscaping business sold to a Japanese billionaire investor
Scott Humphreys started the company with a wheelbarrow and a station wagon.
My Food Bag enters online food market with bundle options
The meal-kit provider isn't the first to try entering the market, but will it pay off?
Is Black Friday shopping worth it?
Which products offer the deepest discounts and how to know you are getting a bargain.
Woolworths’ rewards scheme announces new air points partnerships
Shoppers will be able to convert points into Air New Zealand and Qantas travel currencies.
Hospitality spending surges in latest electronic card data
Total retail spending grew for another month, showing positive signs heading into summer.
Sistema proposes to cut more than 100 jobs in Auckland factory
Workers are distraught, with roughly a quarter at the factory set to lose jobs.
‘Open for business’: East coast sounds call for tourists this summer
Small businesses across the East Coast say they are ready for a return to the summer boom.
Beyond Soap founder on making sustainability affordable
Charlene Fitisemanu talks to Tom Raynel about her sustainable soap business Beyond.
Nicole Rebstock's journey: from law to shoe designer with three NZ stores
All it took was a gut feeling for Nicole Rebstock to know she had to pursue her dream.
Warehouse Group slows its sales decline but pressure still on
CEO positive but analyst says: 'It’s going to be another tough year.'
Cautious optimism as Briscoe Group’s result steady ahead of Black Friday
Rod Duke praises 'outstanding' achievement and says Briscoes has a point of difference.
Twenty cheers: Sawmill Brewery marks two decades of resilience
Kirsty McKay and Mike Sutherland are celebrating the award-winning brewery.
Government cracking down on late invoice payments
The Government is hoping the new rules will improve invoicing efficiency within agencies.
Wonky Box gives new life to waste produce: 'It might look a little funny but it’s still perfectly fresh'
Angus Simms on how he's tackling NZ's food waste.
Third of small businesses shrink workforce as sales drop
The hospitality sector has experienced the highest percentage of cutbacks.
Dick Smith warned over alleged misleading subscription charges
Consumers were charged up to $149 for a subscription they didn't agree to sign up for.
Small business: Slip, slop, slap and Zoop
John Heseltine talks to Tom Raynel about the personal story behind Zoop's beginnings.
Reality check: ANZ reveals consumer confidence drops
'October marked a sombre return to reality,' says ANZ's Sharon Zollner.
Once grand Queen St centre a ghost town but owners push ahead with development dream
Owner of Sky World has tried to sell the property since early 2023.
Festive spirit: Retail and mid-market business confidence rising
Mid-market and retail business confidence is growing heading into the festive season.
Resilience the key as franchise sector grows by $10 billion
The franchise model has shown resilience, growing in turnover during the pandemic.
Small business: Conscious consumerism is key for Crushes
Rose Hope talks to Tom Raynel about the ethical concept store Crushes and its community.
Inside look: Mowbrays' Zuru expands Chinese factory to make big confectionary push
Zuru's Henry Gordon talks about its plans to take on Kinder Surprise.
What to consider when picking a home loan rate
The OCR cut of 50bps is great for interest rates, but what does it mean for buyers?
Retail spending stalls in September, down from June quarter
But the prospect of growth is in the air.
Foodtrucks to Foodstuffs: Why Lucky Taco is no feat of luck
Sarah Frizzell talks to Tom Raynel about The Lucky Taco and its journey from Mexico to NZ.
'Gut-wrenching': Newlyweds say caterer scammed them out of wedding deposits
Police urge people with complaints about wedding caterer to come forward.
Small-town backdrop frames the bigger picture
Jared Donkin speaks with Tom Raynel about his journey to founding Radlab.
The rollercoaster ride ahead for Rainbow’s End’s new CEO
Susan Mudie talks to Tom Raynel about her plans to evolve the park for next generation.
Annual food prices spike in September
Food prices have grown by 1.2% in the year to September.
How are retailers reacting to the OCR decision?
Retailers have shared their excitement about the OCR cut right in time for Christmas.
Bucking the trend: the infant formula made from goat milk
Elke Pascoe talks to Tom Raynel about business LittleOak and their recent US expansion.
Are you better off than your neighbours? Map reveals income by area
Kiwis can now find out which region has the highest median income.
Hallenstein Glassons carried by Australian result
Clothing company grows sales but needs piggyback ride from Australia.
Will a shake-up save The Warehouse?
Analysts wonder if The Warehouse Group can get costs under control before it's too late.
Three family-run businesses make a life-changing $57m
Based in Morrinsville, Ōamaru and Mangawhai, the owners have received huge sums.
Caught in a trap: The new home solution for pest control
Craig Bond talks to Tom Raynel about his invasive-species trap business Goodnature.
The Warehouse CEO on where it went wrong and plans to turn business around
John Journee doesn't have plans to grow its grocery offering.
The Warehouse Group reveals toughest result in years
'Not acceptable': Chair blasts bad result, says group must do better.
KMD Brands CEO confident of climbing back up the mountain
Diversifying Kathmandu's product range essential for the business to grow, says CEO.
Sales slump 11% at Kathmandu owner KMD Brands
The value of shoe brand Oboz has been written down.
Smiles, traffic and empty hands: First impressions of Mānawa Bay
Some shoppers described the new shopping centre as dark and enclosed.
Buyer beware: Scam e-shops continue to plague consumers
Kiwis continue to share their stories online, with Elyse Auckland the latest to be found.
Cocktails on tap? Yes, you read that right
They've been friends for 20 years. Their shared passion shows no signs of slowing down.
Will supermarket giant ditch NZ? Investors urge Woolworth Group to sell up
PLUS: Auckland Airport raise sets new record, council step closer to selling stake.
Jetstar facing charges for allegedly misleading customers
The airline allegedly made misleading statements about consumers' rights in aviation law.
Bank repossesses machinery as liquidators probe earthmoving company
The business owes at least $1.26 million and is now the owner's second failed enterprise.
Sole traders choosing to earn less - on purpose
A majority of respondents want the threshold increased to $75,000, but it looks unlikely.
Small business: Mastering the sense of touch with braille technology
Chantelle Griffiths talks to Tom Raynel about her journey of braille and business.
Retail spending grows for the first time in seven months
Economists say the effects of tax cuts and government stimulus are yet to see results.
Why Kmart's expansion is more bad news for The Warehouse
What analysts think of Kmart's plans for a new store at Westgate.
Profit down but performance solid for Briscoes
The group reported a $33 million profit but isn't confident of hitting last year's highs.