What happens with Supie customer refunds and the $900k of leftover stock?
Suppliers are waiting on between $800,000 to $900,000 worth of stock.
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Latest FromRetail
The orange shed: The Warehouse in Hastings to sell fresh fruit and vegetables
The red shed is moving its fresh fruit offerings into the fruit bowl of New Zealand.
Property Insider: Singaporeans lured to Hobsonville, Costco Oz/NZ boss retiring
'We have contracts conditional on approximately $3m of stock from Singapore': John Love.
Brain drink or fancy juice? Start-up strives to prove health claims
Ambitious beverage startup faces criticism and regulatory turbulence.
How billion-dollar builder quadrupled annual revenue
"We don’t just move people around from project to project but let them put down roots."
'Serious public safety concerns': Pharmacy's licences cancelled
"These are the only pharmacy licences cancelled during 2023 to date."
Two Napier Big Barrel liquor stores broken into in as many days
One of nine offenders who smashed into the shop by hand seriously hurt themselves.
Eke Panuku to sell Northcote town centre
The 3.13ha publicly owned site now a large carpark surrounded by shops on council land.
What it's like inside Mecca's newly opened Christchurch megastore
Mega Mecca store - 2nd biggest in Australasia - opens in Christchurch CBD retail precinct.
Kiwis put clothes shopping on hold as interest rates bite
Card spending data shows economy slowing as higher interest rates bite.
Ikea New Zealand makes first appointment as it gears up for store opening in 2025
New recruit had previously opened Ikea's most successful City store during the pandemic.
Big supermarket loyalty cards under fire from Consumer NZ
Foodstuffs rejects claim dismissing "loyalty".
The Warehouse and union in mediation, broader retail crime a concern
Strike at Warehouse sparks talks, union also juggles bank tensions, retail crime worries.
Three thefts in three weeks: Shoplifter back to bad habits after being released from jail
Jake Cooper targeted supermarkets and hardware, clothing and homeware stores.
Business confidence lifts as labour shortages ease - NZIER survey
The survey is the piece of data the RBNZ will see before making its OCR call tomorrow.
First-half commercial, industrial, retail property sales $1.2b, down 25pc
Private investors are the single most active group, ahead of syndicates and foreigners.
Markets with Madison: Retail recession
The country’s largest retailer The Warehouse Group has seen its annual profit tumble by 65.6 per cent. Its CEO explains how it’s managing increased costs and crime. Video / NZ Herald
The Costco effect: Will more international brands follow the retail giant into NZ?
Will Costco's popularity send a message to other businesses abroad?
Lego ditches oil-free bricks in sustainability setback
Financial Times: Lego says the new material would have a bigger carbon footprint.
Sasha Borissenko: The loyalty cards tracking your almost every move
OPINION: A moment of silence for the million-odd Onecards scattered around NZ.
'The bargain buzz': Shoppers reveal how they get the best out of Costco
A dozen bluff oysters for $3 or a storage headache?
Labour says ram raids are down, National says they're not. Who's telling the truth?
Labour, National at odds on whether the number of ram raids is falling. We have the data.
Costco snaps up Kiwi custard delight
How a New Zealand dessert-maker has benefitted from being sold through the US retailer.
The Costco effect: One year on from giant US retailer's NZ launch
More than 150,000 Kiwis have signed up.
Nick Mowbray on what drives success, and the upcoming election
The Zuru co-founder shares his thoughts with Bruce Cotterill.
Developer battles PlaceMakers over materials, alleged delays
A $335,000 debt has sparked court action and a bankruptcy application.
GST debt prompts Inland Revenue to liquidate clothing retailer
Problems included ill health, credit facility withdrawal, economic conditions, overheads.
EVs, fast food and a supermarket - the new stores coming to Westgate
A multimillion-dollar collection of new fast-food stores is opening near Costco Fuel.
The beloved Kiwi vegetable that costs 234% more than a year ago
What's driving high fruit & vegetable prices? Industry experts explain.
'Spectacular': Briscoe boss upbeat despite lower profit
The retailer posted a record half-year result, while net profit took a 6 per cent hit.
'Demand outstrips supply': Christchurch city mall spots fill up
Retailer MECCA is tripling in size while Nike will introduce a concept store.
Czarina Wilson celebrates Aotearoa from the gallery to Glen Innes
There are treasures to be found from a range of artists.
Fourth vape shop in Auckland mall labelled 'a disgrace'
Community advocates are furious, saying politicians should be doing more.
End of an era: Edmonds discontinues pastry range
Company says its frozen pastry range is "no longer commercially viable".