WATCH: An Australian has taken the lead developing and refurbishing Foodstuffs stores across New Zealand.

British high street store BHS is to close down after 88 years in business with the loss of up to 11,000 jobs.

NZ Merino has signed a five-year, $45 million deal to supply fine wool to Italian luxury fabric manufacturer Successori Reda.

David Jones will open its Wellington store on July 28 on the site where the legendary Kirks once operated.

Mitre 10 has reissued its recall notice for a dehumidifier after it is suspected to have caused a house fire from which a mother and her three children escaped.

COMMENT: Not talking about money with your kids is like not talking about sex. Avoiding it is not a great option.

An unseasonably warm autumn has left a surplus of winter goods and produce sitting on the shelves despite prices being slashed to as much as 50 per cent off.

British TV chef Jamie Oliver is taking his food campaign to the Olympics in a bid to ban McDonald's and Coca-cola from sponsoring the event unless they meet nutritional and ethical standards.

COMMENT: Len Ainsworth started making poker machines more than 60 years ago to subsidise his dental equipment business.

"Serious systematic failures" in used-car market, says regulator.

Top designer brands at knock-down prices and for limited periods of time: that's the deal from Chinese behemoth website Vip.com when it starts to sell here next year.

Making quick tempo choices - especially if there's a credit card involved! - can lead to runaway spending. A two-day or two-person strategy works.

COMMENT: Shutting down stores and ditching in-house brands might not sound like a recipe for success for a retailer, but it's paying off for Myer.

Sales are dropping at Macy's stores nationwide, which likely means rough times ahead for other retailers.

The country's largest listed retailer says it is on track to meet its forecast annual profit.

Spending on credit and debit cards rose in April, driven by an increase for accommodation, hotels, restaurants and takeaway food.

The executive director of the new website said New Zealanders can expect an improved range of products.

Dick Smith site relaunched with a sale to celebrate, but deals are limited on New Zealand site.

Where have all the souvenir and convenience stores gone? Big stores are pushing them out of Queen Street.

Postie Plus' more than 100-year history has not all been smooth sailing. But new owners Pepkor are asking customers to give the brand a second chance.

COMMENT: What's the government's contribution to your KiwiSaver really worth to you?

Di Humphries has a tough task ahead as she retakes the helm at Glassons, but the company has made a smart move in bringing her back into the fray.

Retail spending on credit and debit cards rose in March, led by increased spending at bars and restaurants.

COMMENT: When you factor in all the costs of short-term borrowing, is it really worth it?

COMMENT: You find lower prices online than at bricks-and-mortar stores, right? Wrong.

Will Foodstuffs locally-owned system mean it'll struggle to cope with online grocery shopping?

Customers at North Island stores of New Zealand's biggest supermarket chain will be able to order online from later this year.

A range of new food products are hitting the supermarket shelves and a food chain boss says much more is to come.