Retail news
Baby City retail owner goes into liquidation, five stores under new management
BDO Wellington were appointed as liquidators on December 31.
Honoured: My Food Bag’s Nadia Lim and Carlos Bagrie
“It’s not an award for us, it’s an award for the industry.”
Retailers' Christmas wish: Staying alive in 2025
Christmas sales will be critical to retailers' survival as 2025 shapes up as a challenge.
Flatpacked and ready: Ikea warehouse opened today
Goods to be shipped from China and Malaysia mainly, but also other parts of the world.
Tourism and hospitality get research funding as Holidays Act resets
The Government has committed funding to the sector in an effort to support future plans.
Electronic card data: Spending steady even as holiday sales start
New data from Stats NZ shows spending in retail steady during November.
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.
'I bleed orange but this is awful': Mitre 10 selling properties to repay debt
'Sale of several non-strategic property assets [to] re-cycle capital, reduce debt.'
NZ Herald Live: Christopher Luxon and Nicola Willis speak on OCR news
Christopher Luxon and Nicola Willis speak to media on the OCR news
Big blue wants people: 400 Ikea staff needed next year
'We need a big team due to the way we will run operations in New Zealand'.
Former Warehouse boss received $2.2m golden parachute
Nick Grayston's payout included a discretionary payment of three months' notice in lieu.
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.
Grocery expansion contentious for Warehouse Group shareholders
Shareholders have expressed concerns over the group's performance, and they want grocery.
Grocery expansion contentious for Warehouse Group shareholders
Shareholders have expressed concerns over the group's performance, and they want grocery.
'Burning cash' - insider on Mitre 10's 'horrific' software system upgrade
Auditors PwC: Cited disruptions to operations from that IT upgrade.
Lex: Walmart’s cheap goods justify its expensive stock
Financial Times: There are merchants, and then there is Walmart.