
Warehouse profit drops 18pc
NZ's largest listed retailer, The Warehouse, expects earnings to rise this financial year following an 18 percent drop in 2014.
NZ's largest listed retailer, The Warehouse, expects earnings to rise this financial year following an 18 percent drop in 2014.
Workers at a Countdown supermarket suddenly found themselves on the streets yesterday after a late court decision abruptly ended the company's lease.
New Zealand's biggest DIY, hardware, gardening and trade store chain Mitre 10 will soon announce it has cracked the $1 billion revenue mark, well ahead of nearest rival Bunnings' $813 million.
All eyes have been on Nadia Lim since winning the MasterChef NZ and now her My Food Bag home delivery service is launching in the Bay of Plenty.
Burger King is buying Canada's Tim Hortons coffee-and-doughnuts chain in a deal which would create the world's third-largest fast-food company.
Visa is rolling out software to detect whether it's you or someone pretending to be you filling up on fuel.
Anyone with an eftpos card will soon be able to make payments online, removing the need for a credit card, says Paymark.
It's that time of year again - the supermarkets are trying to lure customers with collectable toys and dinnerware.
Retailers were busier in the June quarter, sales climbing 1.2 per cent in volume terms to be up 3.6 per cent for the year.
New Zealand retail sales rose more than expected in the second quarter, as vehicle sales volumes and values increased at the fastest pace in two years.
Retail is far from dead, according to designer Lizzi Hines, who says despite the growth in online sales and decline in store shopping, retail is simply evolving. Her latest venture, Pop Up Now, aims to help facilitate this.
Retailers adapting to the changing habits of shoppers are using their own websites to combat "showrooming".
Consumers' plastic cards saw more of the light of day last month.
Cheap loaves of bread are here to stay - at least for the foreseeable future, the country's major supermarkets have confirmed.
Discount retail outlet Dress-Smart in Onehunga has been expanded and upgraded, with about another 1000sq m added.
A new dining/restaurant and cinema zone at West Auckland's LynnMall and apartments and offices at Sylvia Park are planned.
Jason Murray says despite the difficult position Postie Plus has been in for the past few years, its new owners Pepkor will "absolutely" be able to turn the company around.
New Zealand coffee roasting company Allpress Espresso has cut the ribbon on a new Japanese operation in Tokyo.
Whitcoulls, the country's best-known bookstore, is reducing its offering of books as it searches for ways to make its stores thrive.
Kathmandu says a cold snap last month in Australia and New Zealand helped generate more sales than anticipated.
EBay plans to experiment with selling auto mechanics' services alongside car parts, said Devin Wenig, president of the marketplaces business, in an expansion of the company's offerings.
The famous son of the New Zealander taking the helm at retail giant Walmart says his dad was always driven to succeed, and instilled those values in his kids.
Blackstone Group's Burger King chain in New Zealand widened its loss in 2013 as rising sales, in an increasingly crowded burger market, were offset by higher costs.
Kiwi Greg Foran inherits a chain wedded to an outdated big-box model, struggling to increase sales in its stores and online.