The Warehouse's $65 million acquisition of appliance chain Noel Leeming Group has failed to impress one brokerage...

As the first set of viewer ratings are released for the Shopping Channel, the company says it is more focused on how many people are buying than watching.

The Warehouse's purchase of appliance retailer Noel Leeming Group will help the Red Sheds secure well-known electronics brands.

The Warehouse Group has announced that it has bought the Noel Leeming chain of 92 electronics and appliances stores for $65m.

Kiwi shoppers are being enticed into the famed New York department stores of Macy's, Bloomingdale's, and Saks Fifth Avenue to do their Christmas shopping.

Warehouse Group has reiterated its forecast for this year's earnings to beat those in 2012, and sees signs of growth in consumer spending.

More than half of New Zealanders are intending to opt for convenience and do some of their Christmas shopping online this year, according to survey results.

New Zealand's total credit card spending has taken its first annual drop in three years.

Six weeks since The Shopping Channel went live, audience ratings are yet to be released.

Repairs have begun at Auckland's Chancery shopping precinct, which has been suffering leak problems.

Economists say weaker than expected sales sign of slowing economy.

There has been an unexpected drop in retail sales, with Stats NZ reporting a 0.8pc fall in the September quarter.