Latest from Retail

Get Sorted: Top 5 reasons we avoid advice
The system for getting good money advice doesn't work for everyday folks, writes Tom Hartmann.

Confidence up amid record sales
Spending on travel and home improvement has helped lift retail sales to a record high, with optimism growing among retailers.

Federation Clothing in liquidation
Federation Clothing and a sister firm with four Auckland stores has gone into liquidation owing creditors more than $1 million.

Online retail no substitute for bricks and mortar
Travel and home improvement spend helped lift overall retail sales for the December quarter and retailers are increasingly optimistic about future market changes.

Hospitality boom behind card spending rise
Kiwis spending more on dining out helped electronic card spending rise in January.

Hallenstein shares drop after profit warning
Hallenstein Glasson shares slumped after the clothing retailer warned its first-half profit had fallen around 20 per cent.

Avocado shortage: Prices soar with demand
A shortage of avocados combined with increasing demand for the fruit has seen prices soar this season.

Hallenstein shares tumble on profit fall news
Hallenstein Glasson Holdings shares dropped after the clothing retailer said first-half profit fell about 20pc.

Dick Smith may have underpaid staff by A$2m
Dick Smith may have underpaid Australian staff by A$2 million for annual leave entitlements dating back to 2010, according to the firm's receivers.

Briscoe forecasts 18pc profit lift
Briscoe Group, whose hostile takeover of Kathmandu Holdings was spurned in 2015, expects to report a record full-year profit of $46.5 million.

Is NZ too reliant on Eftpos?
New Zealand is quite unique with its population generally reliant on electronic transactions, a Retail NZ spokesman says.

Get Sorted: The darkish art of the upsell
We get pushed more than we bargain for all the time, but we still have rights!

Shoppers fume after Eftpos fails
Paymark blames "connectivity issues" for knocking out Eftpos system.

The big shift to 'always on/always open' retailing
Kiwi shoppers are well on the way to adopting consumer behaviors akin to those sweeping Europe and North America.

Free-range supporters bombard Countdown
A social media campaign today saw Countdown bombarded with pleas from consumers to stop stocking caged eggs.

Tesco 'behaved like the Mafia'
Tesco used 'mafia-style' tactics to squeeze suppliers, driving some to the brink of bankruptcy.

Star Wars toy sales hit $1 billion
Kylo Ren light sabres and BB-8 droids helped sales of Star Wars toys reach $1 billion in the US.

Banks push for even lower rates
Momentum for still lower official interest rates is growing following the release of data showing New Zealand inflation was at its lowest point in 16 years.

Inflation lowest since 1999
New Zealand consumer price inflation fell by 0.5 per cent over the December quarter and rose by 0.1 per cent in the calendar year, Statistics New Zealand said.

Hi-tech targets you, the buyer
If you're staying at a hotel and realise you didn't quite pack right for your trip, apparel retailer Gap wants to come to your rescue.

New Warehouse boss takes the helm
Mark Powell will hand over The Warehouse Group to successor Nick Grayston this month after a strong Christmas period and strong lift in its forecast net profit.

Kirkcaldie & Stains makes way for David Jones
New Zealand's oldest store trading under its original name shut up shop yesterday afternoon to make way for a David Jones store.

Dick Smith failure: Too soon to know why
The administrators of failed electronic goods retailer Dick Smith said it was too early provide a view on why the electronics goods retailer collapsed.

'Nesting' move behind NZ retail boost
First Retail Group director Chris Wilkinson said strong property prices encouraged a culture of "nesting" in consumers.

NZ retail spending hits record high
New Zealanders spent a record $6b shopping in December, the highest ever monthly figure recorded by Statistics New Zealand.

Rise and fall of Dick Smith boss
It's been a dramatic rise and fall for Nick Abboud, the Dick Smith boss who entered the ranks of Australia's richest executives after the firm's sharemarket float.