![New Westgate shops sold for $82.5m](/pf/resources/images/placeholders/placeholder_l.png?d=808)
New Westgate shops sold for $82.5m
Kiwi Property Group, has paid $82.5m for the Westgate retail centre in Auckland being developed by New Zealand Retail Property Group.
Kiwi Property Group, has paid $82.5m for the Westgate retail centre in Auckland being developed by New Zealand Retail Property Group.
A lack of shops in Auckland's growing and affluent north west is behind the push to build a big new mall.
Foley Family Wines said full-year operating earnings more than doubled on increased sales of bottled wine in Australia and New Zealand.
There's nowhere to hide in a duopoly, as Ralph Waters has discovered to his cost.
Auckland's newest mall is a third of a kilometre long and at 2.7ha, will be the size of four rugby fields.
Clothing retailer Kathmandu will cut up to 10 percent of its head office staff as it reviews its structure following disappointing financial results.
Most NZ shoppers say the imposition of GST won't deter them from shopping online.
International brand Tiffany & Co. says it will bring a new level of luxury jewellery to Auckland when it opens late next year.
Some overseas companies may simply give up selling products to New Zealand if they are forced to register for GST, experts say.
The founder of the Michael Hill International jewellery business, Sir Michael Hill, is stepping down to make way for his daughter Emma Hill to succeed him as chair.
Fergie now selling $60 juicer - which she credits for her weight loss - on shopping channel.
He leaves after less than 12 months with the ailing children's clothing chain.
The American retailing company has announced it will stop separating toys and bedding into girls' and boys' sections.
The electronics market has been characterised by vigorous competition and cheap imports driving down prices.
"I came out of school straight into this so I had to learn about design - self-taught design, and I'm a self-taught business person," she says.
The Government's move to extend GST to digital products is a common sense idea, says Alex Malley.
Wellington businesses, particularly listed companies, continue to struggle, writes Brian Gaynor.
A pizza company's drivers will be able to be tracked from the moment they leave the store to when they drop the pizza off at your door.
Kirkcaldie & Stains' sought out an offer from Australian department store chain David Jones to buy the ailing 152-year old Wellington department store, after suffering seven consecutive years of unprofitability, says chairman Falcon Clouston.
Competitive checkout operating requires speed, accuracy, mental precision and an unshakeable smile. Steve Deane finds it's harder than it sounds.
In more news that will delight the local style set, New Zealand will get its own version of popular Australian department store David Jones, it was confirmed today.
Great news for the New Zealand fashion scene, popular Spanish chain store, Zara, will be hanging on our racks for the first time this weekend.
From the the depths of an eating disorder, even the most harmless image, comment or interaction could trigger waves of self loathing and insecurity, writes Emma Gleason.
Shanton Fashions has been sold to a mystery buyer who wants to remain confidential.
Having staff who share the same appearance as customers may deliver a competitive advantage to retailers.
In hindsight, it's kind of crazy that Apple pulled off its unique store strategy - but clearly, it did.
Disruption is the better, sexier, more efficient and exciting way of doing things that are taken for granted, says Vend chief executive Vaughan Rowsell.
"Dior is too big an empire to take on." An Aucklander surnamed Dior has given up his fight with fashion giant Dior and changed the name of his business.