Briscoe Group profit downgrade a warning sign for retail, analysts say
Consumer confidence and spending patterns could be entrenched, one analyst said.
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Latest from Retail
Briscoe Group downgrades profit prediction after slow holiday sales
Rod Duke says it was a challenging time, but he's still optimistic.
David Jones reports improving result in 2024 accounts
Luxury-brand retailer still made a loss in 2024, but had a small improvement.
Flagship rising: Rodd & Gunn opening Lodge bar, restaurant in Pompallier on Ponsonby
Bar and dining concept at Commercial Bay and Queenstown will be extended to Ponsonby.
NZ butter price spike: 500g block hits $9.19
We're a dairy giant, so why is butter so expensive?
Kiwis making big waves across the ditch: NZ’s top expats in Oz
As more Kiwis head to Australian shores, our successful expats show how far we can go.
More than $300k of Baby City gift cards and loyalty points now worthless
The business has been sold to a new owner and four stores remain trading.
Popular restaurants Bar Non Solo and MoVida have closed their doors
Savor Group CEO Lucien Law reveals the group's new plans.
Woolworths seeks to acquire food manufacturer Beak and Johnston
Beak & Johnston make ready-made products such as soups and frozen meals.
'Big plans': Rod Duke on why Briscoes is thriving while other retailers struggle
Briscoes owner tells Liam Dann what drives him to succeed... and how he spends his money.
Baby City retail owner goes into liquidation, five stores under new management
BDO Wellington were appointed as liquidators on December 31.
Honoured: My Food Bag’s Nadia Lim and Carlos Bagrie
“It’s not an award for us, it’s an award for the industry.”
Liam Dann: Why a 265-year-old beer brand is suddenly cool with Gen Z
Back in black: Guinness sales boomed in 2024 and Liam Dann went along for the ride.
Retail row: Boxing Day spending up but December down
Worldline's latest data has revealed how Kiwis spent on Boxing Day this year.
Did Kiwis spend more on Boxing Day this year?
According to the latest data from Worldline, Kiwis spent big this holiday season.
Coffee Supreme boss sees 'unprecedented headwinds' in 2025
Summer questions with Andrew Low.
Legislation, losers and lessons: Andrew Bayly’s 2024
Minister Andrew Bayly sat down with Tom Raynel to discuss his 2024, and what comes next.
Ikea store and warehouse top list of Auckland's biggest property developments
Industrial projects dominate new supply, the study found, comprising 65% of new stock.
Retailers' Christmas wish: Staying alive in 2025
Christmas sales will be critical to retailers' survival as 2025 shapes up as a challenge.
Flatpacked and ready: Ikea warehouse opened today
Goods to be shipped from China and Malaysia mainly, but also other parts of the world.
Tourism and hospitality get research funding as Holidays Act resets
The Government has committed funding to the sector in an effort to support future plans.
Electronic card data: Spending steady even as holiday sales start
New data from Stats NZ shows spending in retail steady during November.
Shoppers get their wallets out in the first week of December
Spending grew in the first seven days of December, more than the week of Black Friday.
Hallenstein Glasson’s early FY25 trading up, but NZ retail still challenging
Hallenstein Glasson shared its first results for FY25, and Australia is performing well.
Sustainable Foods owes the government $1.4m as potential buyer locked in
Sustainable Foods went into liquidation in August, now it owes the Crown $1.4 million.
Small businesses share predictions for Christmas spending
Holiday park's reservations might be a sign of slightly sunnier outlook.
'I bleed orange but this is awful': Mitre 10 selling properties to repay debt
'Sale of several non-strategic property assets [to] re-cycle capital, reduce debt.'
Consumer advocates caution Kiwis over Black Friday sales
How to check whether you are getting a bargain.
Advocate calls for transparency over domain names for Kiwi stores
Jamie Farmer says billions could be poured back into our economy if Kiwis shopped locally.
Payments company Wise says Kiwi SMEs are held back by foreign exchange fees
Wise is calling for changes to transparency around foreign exchange fees.
NZ Herald Live: Christopher Luxon and Nicola Willis speak on OCR news
Christopher Luxon and Nicola Willis speak to media on the OCR news
Big blue wants people: 400 Ikea staff needed next year
'We need a big team due to the way we will run operations in New Zealand'.
Kmart NZ reveals bumper profit
Kmart grew its net profit by over 50% year-on-year despite a tough retail environment.
Former Warehouse boss received $2.2m golden parachute
Nick Grayston's payout included a discretionary payment of three months' notice in lieu.