
'Desperate shortage' of retail space, says Auckland councillor
Auckland is suffering a desperate shortage of land for business expansion and retailing with a "critical short supply" of large format shopping space, says one Auckland councillor.
Auckland is suffering a desperate shortage of land for business expansion and retailing with a "critical short supply" of large format shopping space, says one Auckland councillor.
Staff at Postie Plus have been offered a conditional employment agreement by South African investment group Pepkor, according to a source.
Is this the best thing since sliced bread? NZ's major supermarket chains are offering Kiwis super cheap loaves.
The German economy is set to benefit as the country's football victory draws shoppers to the "Made in Germany" brand, says a research firm.
For Adidas, the World Cup has already been won, whatever the outcome of Monday's final in Rio de Janeiro.
The first thing you notice about Vend chief executive Vaughan Rowsell is his gigantic moustache. The second thing is the bright green Chucks on his feet, a "welcome" gift to all new staff.
New Zealanders are choosing to do more and more of their shopping on the go according to a Nielsen's Online Retail Report.
New Zealand core retail spending on debit and credit cards fell in June for the first time in four months.
You are just as likely to find Domino's New Zealand general manager Scott Bush in one of the 75 nationwide stores cutting pizza or delivering food.
A warmer than expected winter hasn't dented sales at Hallenstein Glasson Holdings, with the clothing chain saying sales grew 2% in the last five months.
Warehouse Group's profit warning last week has raised concerns about the outlook for both its core business and the success of its acquisition strategy.
Adidas predicts it will sell a third more Germany jerseys this year than when the country hosted the World Cup eight years ago as fans worldwide get behind the team in Brazil.
David and Anne Norman have nabbed a strategic stake in the country's largest listed retailer, Warehouse Group.
The Norman family, has taken advantage of a slump in Warehouse shares to nudge its holding up to 5.15 per cent.
New Zealand consumer confidence rebounded from a six-month low in June, supported by a strong economy.
New Zealand's largest listed retailer cut its forecast for annual earnings as warmer autumn and winter weather crimped sales and margins.
The administrators of failed retailer Postie Plus will close 12 of the chain's 82 shops in New Zealand, cutting 64 workers.
A sluggish housing market, falling dairy prices and rising interest rates have had little impact yet on consumer confidence.
New Zealand consumer confidence fell in the second quarter as lower dairy prices and higher interest rates weighed on sentiment.
A North Island New World has cut its waste from 11 tonnes to 3.6 tonnes a month in the biggest recycling initiative by the country's largest supermarket chain.
New Zealand retail spending on credit and debit cards rose at its fastest pace in seven months in May, with gains across all six retail industries measured.
A retail chain popular with young people has pulled a line of clothing and accessories following calls that they promoted bullying behaviour.
Gourmet burger operator BurgerFuel says regulatory hurdles in the United States mean it will be at least six months before its franchises can be offered there.