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Cushings lift Kirks holding to 19.55pc - just under takeover threshold
Selwyn and David Cushing have lifted their stake in Kirkcaldie & Stains, the iconic Wellington department store owner, to 19.55 percent.

Warehouse looks to sell, lease back property
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.

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

Mobs poised to hit conscious cafes
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.

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

Retail sales slump after Cup boost
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.