Latest from Retail

Retail spending off to slow start in 2025

Spending in the retail industries over January fell by 1.6%.

FTN Motion reveals new upgraded electric motorbike

The new electric motorbike can reach speeds of 80km/h and has an estimated range of 140km.

Kiwi summer spending lifts as cultural habits change

The data from Kiwibank shows Kiwis spent more on experiences than retail products.

JB Hi-Fi beats odds with big ticket retail growth

Despite other retailers struggling with big-ticket sales, JB Hi-Fi has performed well.

‘I was pretty high’: Serial thief stole $60k focusing on donation boxes, tip jars

For years, he was a bane on North Island businesses. But a remarkable change was reported.

Savor Group confirms new Britomart lease

Rumours brewed about what happened to MoVida and Bar Non-Solo; we now have confirmation.

'Unacceptable': Chelsea Sugar fined almost $150k for selling 971 tonnes of lead-contaminated sugar

NZ Food Safety deputy director-general said that offending of this scale was rare.

Former SPQR owner declared bankrupt

The business owes more than $2 million to Inland Revenue, ANZ and other creditors.

Costco New Zealand boosts revenue to $361 million

After reporting a loss of over $20m last year, Costco has almost fully bounced back.

Michael Hill sales down as NZ stores underperform

Canada and Australia performed well over the first half of the financial year, NZ did not.

Top NZ supermarket boss announces shock departure

Spencer Sonn has been in charge of Woolworths' NZ operations since 2021.

The Body Shop NZ placed into voluntary administration

It follows its parent company's placement into administration in late 2024.

Rise in holiday spending at end of 2024, electronic card data shows

New data from Stats NZ shows spending in retail performed strongly during December sales.

Premium Kumeu River chardonnays lauded as family rack up 80 years of winemaking

Kumeu River chardonnays hold their own against premier French wine, but at a better price.

Food prices rise in December, driven by dairy, fruit, cooking oil

Non-alcoholic drinks and tobacco registered the biggest annual price increases.

Kennards Hire optimistic on post-recession outlook as inquiries grow

Kennards Hire is seeing inquiries grow for equipment, as its competitor reported a loss.

Consumer spending growth in 2024 the lowest in five years

Worldline's Bruce Proffit said adjustments to household budgets were a key driver.

BNZ licks wounds after organic grocer’s demise

The liquidators have revealed the organic grocer owes over $1 million to BNZ.