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Latest from Retail Trade
Kiwi storage chain owner sells up to Australian giant Kennards
Dave Tuke founded National Mini Storage in 1991. He was inspired by Australian stores.
Surf park developers win fast-track referral for 400+ homes
Earthworks started in October for the first stage of the project, 4km from Silverdale.
Foodstuff supermarkets face salad shortages as storm delivers 'logistical hit'
Spinach, mesclun and other salad greens are currently in limited supply.
Iconic Kiwi lolly Jaffa comes to end, quietly discontinued by manufacturer
When shops run out of the Kiwi favourite there will be no more packets to buy.
'Least upbeat': Construction sector struggles as demand weakens
But the retail sector is optimistic, with 40% expecting better conditions soon.
Data show more Kiwis struggling to pay bills, behind on mortgage payments
Those most affected by financial hardship are aged between 35 and 49.
The Warehouse downgrades earnings forecast to include a worst-case $5m loss
A warmer start to the winter season is impacting sales of blankets, heaters and apparel.
Plumbing World parent reports $8.2m loss as construction downturn hits revenue
It's the second loss in a row for the business after posting a $6.37m loss in 2024.
Food prices surge 4.4% as butter, eggs, and mince hit new highs
A 500g block of butter at Woolworths increased from $5.80 to $8.50.
Butter shock: 500g tub costs more than $18 in Auckland grocery store
Butter is at its highest price in two years, but this is quite possibly a new high.
Tech Insider: Consumer NZ wants 3G phone refund; Council on Amazon site pause
Plus: Government names AI advisory panel. AWS NZ exec flips to opposition.
Further property sold in $100m+ Cook Property empire
Cook is selling a $100m-plus portfolio here, saying he has shifted to Sydney permanently.
Why Crane Brothers is doubling down on CBD despite retail challenges
Crane believes strong retail can thrive in diverse environments like High St and Ponsonby.
High-profile Tauranga retail site sold for $18.6m to local investors
The site houses Noel Leeming, Animates, Elite Fitness, and Chemist Warehouse.
On The Up: How a Kiwi family built a tool empire from $10k and a vision
The Giles family remains deeply involved, with Graeme's son and nephew in key roles.
Global beauty giant boosts NZ operations with new $6m South Auckland distribution centre
L’Oréal’s NZ sales hit $180m in 2024, commanding 26% of the beauty market.
Why the new $100m Pak'nSave faces unique construction challenges
Vast new store is to be built on a flood-prone site which operated for 50 years as a dump.
'Just isn't good enough': Willis warns of tougher penalties for supermarkets
Misleading promotional practices and common pricing errors have to stop, minister says.
Market close: NZ sharemarket flat despite export growth, Fletcher Building down again
The NZ sharemarket dipped as Fletcher Building shares fell further.
NZ's biggest new supermarket gets green light
It's to be built on a greenfield site near the Esmonde Rd motorway on-ramps and off-ramps.
Ikea to hire 500 staff for NZ launch, 100 more than planned
Employees get five weeks paid leave as well as a 15% discount at the store.
Major supermarket apologises for humiliating woman with false shoplifting claim
The supermarket said its staff caused her public embarrassment and distress.
'I know it’s wrong': Woman stole expensive perfumes for dealers in exchange for drugs
Chardella Whiu targeted stores like Farmers and Chemist Warehouse for luxury items.
Property Insider: Foodstuffs' $380m expansion with new Pak'nSave sites in the works
The biggest is a new application for a $100m Pak'nSave on reclaimed land in Takapuna.
Supermarkets admit breaching Fair Trading Act with misleading prices, face millions in fines
The maximum penalty for each charge is $600,000.
Tainui Group Holdings welcomes new CEO
The news comes a year after previous chief executive Chris Joblin announced his departure.