Latest from Retail

Kiwis online shopping habits 'maturing'
New Zealand's online retail growth is slowing, despite increased growth from rural consumers, according to a BNZ report released this morning.

Domino's boss still delivers the pizza
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.

Hallenstein says Feb-June sales up 2pc
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 profit warning raises concerns about outlook
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.

German World Cup jersey sales to hit record
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.

Interest rates cited as drag on mall landlord
Morningstar has released a bearish analysis of giant landlord Kiwi Income Property Trust.

Consumer confidence rebounds
New Zealand consumer confidence rebounded from a six-month low in June, supported by a strong economy.

Warehouse shares slump after earnings forecast cut
New Zealand's largest listed retailer cut its forecast for annual earnings as warmer autumn and winter weather crimped sales and margins.

Postie Plus shuts 12 stores, 64 jobs go
The administrators of failed retailer Postie Plus will close 12 of the chain's 82 shops in New Zealand, cutting 64 workers.

Consumer confidence still high
A sluggish housing market, falling dairy prices and rising interest rates have had little impact yet on consumer confidence.

Consumer confidence slips
New Zealand consumer confidence fell in the second quarter as lower dairy prices and higher interest rates weighed on sentiment.

Supermarket cuts waste 67%
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.

Shop pulls clothes with 'bully' message
A retail chain popular with young people has pulled a line of clothing and accessories following calls that they promoted bullying behaviour.

Regulations delay BurgerFuel's entry to US
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.

Counting more Countdowns?
Two Countdown supermarkets will soon stand just 500m or so apart at Westgate, Auckland.

Bernard Hickey: Wave-and-pay threatens eftpos
Bernard Hickey writes: NZ's isolation from the rest of the world means we can evolve species that are perfectly adapted to our environment - even when it comes to business.

Buyer found for Postie Plus
The administrators of Postie Plus say they have secured a conditional agreement to sell the business and its assets to an "international retail group".

Dunkin' Donuts, Starbucks chasing your lunch money
Dunkin' Brands Group and Starbucks want a bigger chunk of your lunch money.

Hunt on to find Postie Plus buyer
The administrators of Postie Plus say they are talking to potential buyers for the clothing retailer.

Five reasons Postie Plus is in trouble
Postie Plus said today it had called in administrators. Markets writer Christopher Adams looks at what's gone wrong.

Postie Plus woes worsen as bank bails
Postie Plus, the worst performing stock on the New Zealand stock market, has appointed administrators after its lenders withdrew support.

Moa has turned a corner: boss
Moa Group has turned a corner following a sales slump last year, with a new distribution model driving increased revenue, says chief executive Geoff Ross.