Latest from Retail

Click Monday to drive online retail
Click Monday - the local version of the Northern Hemisphere's "Cyber Monday" - will begin at 7pm tonight and run for 24 hours.

Red Sheds pick margin pressure to ease
The Warehouse Group does not expect the margin pressure affecting its core Red Sheds business to persist, chief executive Mark Powell says.

Warehouse lowers earnings expectations
Warehouse Group, the country's biggest listed retailer, expects lower first-half earnings as margins at its flagship Red Sheds come under pressure and it spends more on adjusting to a new competitive environment.

Bunnings gets OK for Grey Lynn store
A controversial new Bunnings store on Great North Rd in Grey Lynn, Auckland, has been approved.

Kathmandu reports sales rise
Kathmandu, the outdoor clothing retailer, says sales rose 0.9 per cent in the first 16 weeks of the year.

Retail sales grow - but less than expected
NZ retail sales grew less than economists were picking in the September quarter, as growth in car sales was offset by weak consumer core sector spending.

Warehouse reports 'click and collect' success
Dubious at first, Warehouse chief executive Mark Powell says 'click and collect' for online purchases have been a hit, accounting for 12pc of online sales.

Bunnings vs Grey Lynn: Battle heats up
The battle over a proposed controversial Bunnings in Grey Lynn will likely be headed for the Environment Court - irrespective of a decision by planning commissioners.

Highbrook Business Park town centre set to open
Goodman Property Trust, with a $2 billion real estate portfolio, will celebrate the opening of the first stage of its new town centre.

Lotto, yachts, weather affect spending
Bad weather, the America's Cup and Lotto are the likely causes of a sharp slowdown in card spending late last month.

Residents take on Bunnings
Hearings into a controversial Bunnings Warehouse in Auckland's Grey Lynnhave begun, and residents have turned out in force to try to stop it.

Razor cuts a path in fast-growing India
Procter & Gamble executives say it was striking the first time they witnessed a man shave while sitting barefoot on the floor in a tiny hut in India.

'Green' disinfectant fails germ kill claim
A disinfectant produced by one the country's major 'green' brands has been recalled for failing to meet the standards claimed on its label.

Major retail chain hit by phishing attack
NetSafe is warning businesses to be on the alert after a major retail chain was targeted by overseas cyber criminals in a well-planned phishing attack that attempted to convince store staff to install rogue software on their computers.

Winter bites Hallenstein
Challenging winter trading took a heavy toll on Hallenstein Glasson's full-year profit, but an analyst says the outlook may soon improve.

Hallenstein profit falls 11pc as Glasson squeezed
Profits at Hallenstein Glasson have fallen, after a mild winter hit its Glassons womenswear stores.

New peak for Kathmandu
Kathmandu shares soared to an all-time high yesterday after the company reported a record annual result.