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High dollar doesn't equal bargain
The New Zealand dollar is trading near a record high against the Australian currency but that doesn't necessarily mean bargains for shoppers, a consumer expert says.
The New Zealand dollar is trading near a record high against the Australian currency but that doesn't necessarily mean bargains for shoppers, a consumer expert says.
ASX listed Scentre Group, with nine Westfield-branded malls in New Zealand, intends to sell four of its big centres here.
Energy Minister Simon Bridges says big petrol retailers are "on notice" after they maintained large profit margins while the price of oil was falling sharply late last year.
FCO - Fishing Camping Outdoors - is to close its 13 New Zealand stores but no word yet on what announcement means for employees.
The buzz of Valentine's Day caught on with consumers as florists, jewellers and restaurants were among the businesses to see a jump in sales.
Hasbro, the maker of foam footballs and spongy projectiles, is targeting a new audience: high schoolers.
Retail spending charged to electronic cards fell 0.4 per cent last month, its third monthly decline in a row, as lower prices at the pump offset increased spending elsewhere.
Over 70 per cent of elite college rugby players regularly use sports supplements, making them more likely to intentionally dope in the future, a survey finds.
Creditors of women's clothing chain Shanton Fashion are owed almost $7.8 million, while the company has $3.35 million in assets, a wider shortfall than the $693,000 estimate directors gave when the company went into voluntary administration last month.
The bad guys are always one step ahead. That was the reality with party pills and it is much the same with illicit fitness supplements.
The supplement salesman who won't lie about pre-workouts: "They have stupidly toxic amounts of caffeine. It drives you mental so you train like a crackhead."
An exercise supplement containing a banned psychoactive substance was still available for sale yesterday despite Ministry of Health officials deciding it should be pulled from shelves.
New Zealand shares rose to a new record close yesterday as holidays in Auckland and Australia kept trading volumes light.
The Shanton chain of women's clothing stores has gone into voluntary administration just over two years after it was bought out of receivership.
Work started this week on the $36 million expansion of New Zealand's first shopping mall.
Spending last month was up $300 million on December 2013, fuelled in part by Christmas shopping, Boxing Day sales, and New Year's Eve holidaymakers.
Warehouse chief executive Mark Powell says it will be "a very difficult ask" for the group to beat last year's profits after it announced weaker-than-expected sales.
Warehouse shares have plunged today after it said profits for the first half of the financial year are likely to be down 20 per cent.
Mayor Len Brown has named big-brand international retailers Apple and Tiffany & Co as potential candidates to open their first New Zealand stores in Auckland.
For Kiwis scouring the shops for bargains today and the rest of sale season, don't rule out haggling your way to a discount.
Rihanna, the pop singer with multiple awards to her name, has been appointed women's creative director of Puma SE.
iPhones, barbecues, outdoor furniture and costumes from Disney's Frozen movie will be filling stockings next week if Trade Me search patterns are anything to go by.
Selfie sticks and remote-controlled helicopters are among some of the more popular items among Kiwis buying Christmas gifts this month.