ANZ New Zealand - the country's biggest bank - has sold its eftpos terminal leasing unit, EFTPOS New Zealand, for an undisclosed sum.

Kiwis are flocking to the shops to stock up for Christmas, with eftpos spending up on last year. Westfield spokeswoman Deb McGhie said it appeared shopping centres were busier this year than last - though they wouldn't know for sure until next year

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

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.

Retailers are in a Christmas sale free-for-all with only 15 days left to the 25th.

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.

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.

But whiteware is no longer white: a pretty colour seduces male shoppers.

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.