New Zealanders will soon be paying more for their milk after sharp price gains on world commodities markets.

Stores are bursting at the seams in the lead up to Christmas this year as last minute shoppers make their final dash.

Former Billabong CEO Matthew Perrin has been convicted of fraud and forgery offences after faking his ex-wife's signature to get a $13.5 million loan.

Retailers might be facing a tough Christmas after The Warehouse revealed trading has been well below last year.

Smiths City first-half profit slides 46% on restructuring costs, year-earlier asset sale not repeated.

The Warehouse says profit may fall up to 15 per cent as it contends with a weaker-than-expected run up to Christmas.

The jury in the fraud trial of fallen Billabong boss Matthew Perrin is expected to begin deliberations early this week.

Vacuum cleaner company Godfreys has been fined $48k over lack of information in extended warranties.

Christmas spending is shaping up to be strong across the country.

Shopping centres were packed with shoppers today as the scramble to buy last-minute Christmas presents intensifies.

It's been a nightmare year for retail, with a parade of best-known brands decimated one after another.

Sir Philip Green is attempting to put his BHS woes behind him by launching standalone Topshop stores across China.

Tobacco companies are flouting ad bans by rewarding retailers who push products using a specific sequence of magic words.

Lewis Road Creamery founder Peter Cullinane won't rule out legal action against Fonterra over allegedly negotiating a "greedy deal" with supermarkets.

The wife of a bankrupt Nando's franchisee owner has been found personally liable to pay staff $70,053 owing in wages and holiday pay.

Woolworths has been promising a cheap Christmas - but one customer thinks this wasn't what they had in mind.

Veritas Investments will wind up its unprofitable Nosh supermarket business to keep in the good graces of its lender, ANZ Bank New Zealand.

She thought he was going to confess to being unfaithful again but he replied "no, it's much worse than that... I've lost everything."

Thirty-four years ago, Brendan Lindsay was making plastic coat hangers in a half-built garage in Cambridge. Today, he is set for a big payday.

The business community is welcoming Bill English's appointment to Prime Minister, but asking: can he keep up Key's skillful diplomacy?

Lewis Road Creamery founder Peter Cullinane is accusing Fonterra of negotiating a "greedy" deal with supermarkets.

Griffin's has been forced to recall a batch of muesli bars after the wrong product was put in the box.

New Zealanders are spending up more this Christmas compared with last year, as shopping ramps up in the first week of December.

A free service has been set up to ease the Christmas shopping horror.

The Shanton clothing chain is once again in financial strife with receivers taking control of the retailer.

A business that was losing $1 million a day is now the world's most profitable toy company.

It comes wrapped in leather with a hefty price tag, but this unusual Christmas gift has become a laughing-stock.

The operator of a Wellington sex shop has been ordered to pay two former employees nearly $27,000 in lost wages and compensation.

The earthquakes closed New World Hutt City, so its owners have opened a pop-up supermarket.

New Zealand retail spending on electronic cards fell in November, amid disruption from the Kaikoura earthquake.