Stock Takes: Aussies snap up $2b stake in NZ power line company
Australia’s second-largest pension fund will take up majority ownership of Powerco.
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Latest fromRetail
Foodie: First peek inside Auckland’s colossal Asian supermarket
Thousands descend on the 3800 square metre store on opening day in Westgate Town Centre.
Chomping down bigtime: Fast-food giant expanding in NZ
New outlets across the country contributed to the New Zealand arm performing strong.
The five biggest property sales in 2024 so far – including Sir Peter Jackson’s Lyall Bay deal
Buying and selling activity is continuing apace, despite the sluggish economy.
Higher wage costs eat into Woolworths NZ result
The New Zealand arm's earnings before interest and tax fell by 56.5%.
Property Insider: ‘Wind pressure’ on Seascape; Du Val estimated to owe $250m; new Ikea roof
Deputy Mayor Desley Simpson explains what steps the council will take on the skyscraper.
'NZ's biggest Asian supermarket' opening at Westgate
New store is near the giant American-owned Costco Wholesale on Gunton Dr.
Economy harder than GFC and Covid, say business owners
Survey shows one in five businesses fear they may have to close.
Cambodian baker migrants fail to get order to stop BNZ selling Auckland home
BNZ became concerned that it made the loan based on false information presented to it.
Plant-based manufacturer Sustainable Foods goes into voluntary administration
Key investors in the manufacturer included All-Black TJ Perenara and media company Stuff.
Small Business: Vegan bakery cooks up a capital idea for chef couple
What began as a farmers’ market stall has grown into a fulltime business.
The Kiwis making millions from turning a popcorn maker into a home coffee roaster
Frustration over not being able to roast beans at home drove the innovation.
Survival suits, whole pigs and fine wine: How Costco hijacked the American psyche
New York Times: Nearly one-third of US customers shop at Costco.
Retail sales continue to drop as cost-of-living pressures still bite
Retail sales fell 1.2% in the June quarter, the eighth consecutive quarter to see a drop.
SPQR liquidators renew liquor licence for failed restaurant
There has been some buyer interest in it.
Editorial: The win for local communities in the battle over booze
OPINION: Locals should be the ones to decide on restricting alcohol sales.
'Aggravation': Kids as young as 6 and 10 steal dirt bikes from motorcycle store
Upset owner: 'We aren’t just talking about money, we are talking about our sanity.'
‘At his head’: Horror knife claim at Westfield mall
A man has been charged after allegedly brandishing a knife at a customer’s head at mall.
Ex-Gun City staff charged with fraud, allegedly helped divert firearms to black market
The two men allegedly altered sales records of the 'gangster's gun of choice'.
Consumer NZ says ComCom's supermarket recommendations don’t go far enough
The consumer rights agency says too much onus is put on shoppers to take action.
Greg Bruce: Power-ranking Auckland’s shopping malls
OPINION: One Auckland mall is a clear winner, but there are some surprising losers.
'Thought it was an earthquake': Dramatic footage shows hammer-wielding thieves smash into dairy
Owners watched thieves raid their businesses on CCTV before deciding to confront them.
Spending on cars and clothes down in July but some services escape malaise
Clothing and vehicle sellers had a less-than-stellar month.
How Avon went from beauty institution to total disaster
Whatever happened to the Avon ladies?
Retailer group goes to Ombudsman after police refuse to release crime arrest data
Group questions Government's promise about prioritising retail crime.
New wave of dubious social media e-shops targets Kiwis
Kiwi singer says she's no customer of 'Williams Auckland' e-commerce fashion site.
‘Where do you park the car?’ Ikea's surprise after sending staff to check out 500 Kiwi homes
What does the company’s research mean for its Sylvia Park store?
Small business confidence hits reverse gear, economic pressures drive burnout
Post-Covid optimism gives way to declining confidence.
'I can't tell my parents': Guard attacked with hammer
Jit Singh hasn't told his mother about what happened.
Prolific shoplifter: 'It gives me a kick ... It's like a job'
Travis Archer had only been out of jail for eight days when he hit the stores again.
'We just need our confidence back': Hamilton's high street not what it used to be
However, it's not all doom and gloom, local business leaders say.
36 jobs on the line at Mitre 10 headquarters
Mitre 10 chief executive cites low consumer confidence and spending.
Opinion: Time to tighten NZ competition law amid Foodstuffs merger debate
Economist's century-old theory criticised in debate over supermarket consolidation.
Opinion: The curious case of competition law and Foodstuffs
Opinion: Imagine if every major company was neatly divided between our major islands.