Pumpkin Patch shares plunge 20pc
Pumpkin Patch shares are tumbling today as investors digest the firm's decision to abandon plans to find a buyer.
Pumpkin Patch shares are tumbling today as investors digest the firm's decision to abandon plans to find a buyer.
Financial markets see it as a line-ball call whether Reserve Bank Governor Graeme Wheeler cuts the official cash rate from 3.5 to 3.25 per cent on Thursday.
Don't be so sure Australian retail giant David Jones won't be coming to Auckland.
The embattled children's clothing retailer said yesterday it had canned plans to sell the business.
Children's clothing retailer Pumpkin Patch has canned plans to find a buyer for the struggling business.
Australian retailer David Jones has no plans to move into Auckland - instead wanting to stage its NZ foray from Wellington.
New Zealand's online retail spending now exceeds $3 billion per year according to a new report.
Moa reported a net loss of $5.58m in the year ended March 31, compared to $5.82m last year.
Domino's is planning to hire 3,000 new delivery staff across Australia and New Zealand as it rolls out new technology.
Retail sales boomed in the first three months of the year, in what may be an early sign of the "wealth effect" with rising house prices boosting confidence.
Our retail sector was booming at the start of the year, with a record 2.7pc jump in sales volumes.
An alcohol-fueled three-hour long lunch came to a dramatic end when an Australian media tycoon took a swing at the owner of burger chain Hungry Jack's.
An official cash rate of 3.5 per cent, which would have been base camp in previous cycles, is now being seen as the highest it will climb this time.
Outgoing Spark executive Chris Quin has been named as the new Foodstuffs North Island CEO.
Core retail spending (excluding fuel and vehicle-related spending) fell 0.8 per cent in April, the first time since last June.
Australian retail spending has lifted for a 10th straight month, supported by lower interest rates and improved household balance sheets.
Countdown has lifted third-quarter sales by 5 per cent to $1.5 billion in the 13 weeks ended April 5.
Briscoe Group's sales across its homeware and sporting goods retail chains rose 4.3 per cent to $119.8 million in the first quarter.
Pumpkin Patch rated the highest for customer satisfaction among clothing and sport stores.
Fast-food giant McDonald's has walked away from negotiations aimed at scrapping controversial zero hour contracts.
McDonald's has proposed a return to mediation over the union campaign to end "zero-hours" contracts in the fast food industry.
A recent online campaign led by Woolworths Australia has caused outrage among customers, who accused the supermarket giant for cashing in on Anzac Day.
The two branches of upmarket supermarket chain Farro Fresh that had their liquor licences suspended had sold alcohol to minors.
The New Zealand Merino Company, which markets wool to customers on behalf of suppliers, has inked an $8 million one-year deal to supply 600 tonnes of New Zealand fine and medium micron wool to US....
For the March quarter as a whole core retail sales paid for by credit, debit or charge cards were up 2.7 per cent - the fastest quarterly growth since December 2006.
Grey Lynn and Mt Wellington residents will have to cope with buying their posh nosh separately from their booze this week if they plan to shop at Farro Fresh.
Latest stats show New Zealand consumers are starting to spend up in the shops, with electronic card spending up 3.7 per cent last month.
Customarily, retailers who flout the Easter trading laws have been content to quietly pocket their profits. But this year was different.
Apple has instructed its sales force to prod shoppers to the company's website to purchase the new smartwatch.