Business news
![Processor failure hits farms and transport operators](/pf/resources/images/placeholders/placeholder_p.png?d=793)
Processor failure hits farms and transport operators
Bruce Stephenson of Stephenson Transport said the outcome was not surprising.
![$150m+ investment: Where are eight new Foodstuffs North Island replacement supermarkets going?](/pf/resources/images/placeholders/placeholder_p.png?d=793)
$150m+ investment: Where are eight new Foodstuffs North Island replacement supermarkets going?
Economic downturn didn't dent our food market: biggest owner expanding, replacing stores.
![Government told heartland town's 'economic potential' undermined by roads](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Government told heartland town's 'economic potential' undermined by roads
Council tells Government town's economic potential is "undermined" by roading network.
![Inside the rural factory keeping a village afloat, one pair of socks at a time](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Inside the rural factory keeping a village afloat, one pair of socks at a time
A woollen goods factory is defying the odds, in the process keeping a Kiwi village going.
![Trev Terry Marine receivership: Two major banks among creditors owed $16.6m](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Trev Terry Marine receivership: Two major banks among creditors owed $16.6m
The family-owned boat company collapsed under excessive debt, receivers say.
![Trev Terry Marine boat business trades on in receivership](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Trev Terry Marine boat business trades on in receivership
Potential buyers are showing interest in Trev Terry Marine
![Where new supermarkets have opened and might rise soon](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Where new supermarkets have opened and might rise soon
Where are new stores opening? One store shut in Flaxmere but that's been eclipsed.
![Seeka feels lash of 2023 weather with $14.5m net loss](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Seeka feels lash of 2023 weather with $14.5m net loss
Prospects now look brighter as improved growing conditions signal record kiwifruit crops.
![Quality cattle attract strong demand at Stortford Lodge](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Quality cattle attract strong demand at Stortford Lodge
There was a big yarding of cattle in tip-top condition but lambs were a tough sell.
![Clothing factory workers blindsided by closure](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Clothing factory workers blindsided by closure
Closing doors on clothing factory a real 'a real kick in the guts'.
![Fruit shortage: Supply issues in lead-up to Christmas](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Fruit shortage: Supply issues in lead-up to Christmas
Cyclone Gabrielle decimated crops in Hawke’s Bay and Gisborne.
Business news around NZ
![Market close: Takeover news sparks surge in Arvida, The Warehouse share prices](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Market close: Takeover news sparks surge in Arvida, The Warehouse share prices
After firing up in the morning the local index fell sharply in the afternoon.
!['Exciting': NZ sheep milk company scores a big win in China](/pf/resources/images/placeholders/placeholder_l.png?d=793)
'Exciting': NZ sheep milk company scores a big win in China
Spring Sheep has gaining brand registration for its infant milk formula.
![NZ law firm predicts legal class actions in wake of Crowdstrike global IT outage chaos](/pf/resources/images/placeholders/placeholder_l.png?d=793)
NZ law firm predicts legal class actions in wake of Crowdstrike global IT outage chaos
Shareholder claims against unprepared organisations are also a possibility.
More Hawke's Bay business news
![Fruit shortage: Supply issues in lead-up to Christmas](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Fruit shortage: Supply issues in lead-up to Christmas
Cyclone Gabrielle decimated crops in Hawke’s Bay and Gisborne.
!['Better together': The business run by a trio of brothers that employs 600 staff](/pf/resources/images/placeholders/placeholder_l.png?d=793)
'Better together': The business run by a trio of brothers that employs 600 staff
They say it’s unwise to mix work with family. There are exceptions, of course.
![Prices ease for lamb yarding of varying quality at Stortford Lodge](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Prices ease for lamb yarding of varying quality at Stortford Lodge
Yearling heifers a bright spot in the cattle offering.
![What's on offer at $30,000 a night luxury lodge](/pf/resources/images/placeholders/placeholder_l.png?d=793)
What's on offer at $30,000 a night luxury lodge
The lodge has an ultra luxe farmhouse charm but it's the wildlife that leaves its mark.
!['We get less for the wool than what it costs to shear it'](/pf/resources/images/placeholders/placeholder_l.png?d=793)
'We get less for the wool than what it costs to shear it'
There is hope on the horizon for wool products thanks to a new Government policy.
![Prices solid for quality store lambs at Stortford Lodge](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Prices solid for quality store lambs at Stortford Lodge
Yearly steers also sold well this week.