An unsuccessful discounting strategy contributed to poor trading results that forced Fisher & Paykel Appliances to downgrade earnings guidance today.

New Zealand consumer confidence has sunk to an 18-month low suggesting retailers have little reason to expect Christmas cheer to be reflected in sales.

A structure likened to the Starship Enterprise is the centrepiece of a $50 million retail redevelopment at Auckland International Airport's departures area.

The swirl of official investigations surrounding failed finance company Rockforte is growing, with the Serious Fraud Office confirming a probe that will almost certainly shed light on the failure of the Jean Jones clothing chain.

Electronic card transactions at retailers rose 1.1pc in November, after climbing 1.2pc in the previous month, says new data out today.

Kiwis spend up large at Christmas on partners and children, but not on their parents, siblings and friends.

In the hugely competitive NZ retail sector you have to offer some deal to get people in the door.

Air New Zealand is adding extra charges to its booking process which will increase costs for every customer who pays for flights by credit, debit or charge card.

Plasma televisions, 45 Apple iPads and laptop computers are among the quake-damaged goods going to auction this weekend.