Selwyn and David Cushing have lifted their stake in Kirkcaldie & Stains, the iconic Wellington department store owner, to 19.55 percent.

Discount retailer Warehouse Group said it plans to sell three stores and its Wiri distribution centre on a sale and leaseback basis for about $100 million.

Pumpkin Patch has announced two new directors will join its board, one of whom is Briscoe Group managing director Rod Duke.

Three cafes across New Zealand were swamped by customers participating in "Carrotmobs" promoting fair-trade businesses at the weekend.

Postie Plus wants to double in size through buying rivals and will progressively shift its base to Auckland.

A carrotmob - or 'reverse boycott' of fair trade cafes is hitting three small businesses this weekend, with hundreds of customers set to arrive at once.

New Zealand's services sector picked up pace in the last month, led by new orders.

New Zealand retail sales fell in the first three months of the year as people reined in spending on supermarket and grocery items after a Rugby World Cup spend-up.

Retail spending using debit and credit cards rose in April.