Chief executive of Woolworths Australia announces he is stepping down, as are 1200 unwitting staff members.

Economists expect the pace of economic growth to have slowed when the March quarter national accounts are released on Thursday.

Cooks Global Foods, which is taking the Esquires coffee chain outside New Zealand and Australia, narrowed its annual loss while expanding its global footprint.

Doughnut sales from quick service restaurants, like Krispy Kreme and Dunkin' Donuts, are up for the third straight year, as investors turn to sweet treats.

Pumpkin Patch chief executive Di Humphries will leave the ailing children's clothing chain in early November.

Kiwis spent more on their electronic cards in May, as increased retailing of consumables offset a flat month.

New Zealand's wholesale trade shrank in the first three months of the year with a decline in goods derived from the primary sector leading the contraction.

Pumpkin Patch's failure to find a buyer or white knight investor is a bad sign for the struggling children's clothing business, says an analyst.

Pumpkin Patch shares are tumbling today as investors digest the firm's decision to abandon plans to find a buyer.

The embattled children's clothing retailer said yesterday it had canned plans to sell the business.

Children's clothing retailer Pumpkin Patch has canned plans to find a buyer for the struggling business.

Australian retailer David Jones has no plans to move into Auckland - instead wanting to stage its NZ foray from Wellington.

New Zealand's online retail spending now exceeds $3 billion per year according to a new report.

Moa reported a net loss of $5.58m in the year ended March 31, compared to $5.82m last year.

Domino's is planning to hire 3,000 new delivery staff across Australia and New Zealand as it rolls out new technology.

Retailers will be disappointed the Government isn't taxing purchases on overseas websites, Retail NZ says.

Kiwi Property Group's annual earnings increased 4.5 per cent as it seeks to raise $151.9 million to expand Sylvia Park.

Retail sales boomed in the first three months of the year, in what may be an early sign of the "wealth effect" with rising house prices boosting confidence.

An alcohol-fueled three-hour long lunch came to a dramatic end when an Australian media tycoon took a swing at the owner of burger chain Hungry Jack's.

An official cash rate of 3.5 per cent, which would have been base camp in previous cycles, is now being seen as the highest it will climb this time.

Outgoing Spark executive Chris Quin has been named as the new Foodstuffs North Island CEO.

Core retail spending (excluding fuel and vehicle-related spending) fell 0.8 per cent in April, the first time since last June.

McDonald's unlikely defender, James Franco, forgot to tell you a few things about the corporation, writes Lydia DePillis.

Warehouse Group has posted a 5 per cent gain in third quarter sales to $635m which it said was in line with expectations.

Australian retail spending has lifted for a 10th straight month, supported by lower interest rates and improved household balance sheets.

Countdown has lifted third-quarter sales by 5 per cent to $1.5 billion in the 13 weeks ended April 5.

They have just overhauled the company to try to save its future, but McDonald's has a past that is far from savoury either.

Briscoe Group's sales across its homeware and sporting goods retail chains rose 4.3 per cent to $119.8 million in the first quarter.

Online retail spending continues to grow, with March spending up 11 per cent on the previous year.