Latest from Retail

First Kmart, now $235m new funds for Mark Gunton's Westgate

Consortium money will allow the further expansion of Auckland's Westgate.

Westgate's traffic 'disaster': Owner to square off with council in court

Mark Gunton plans robust appeal to traffic decision.

Profit down but performance solid for Briscoes

The group reported a $33 million profit but isn't confident of hitting last year's highs.

Explained: Why would Kmart expand in this tough retail environment?

Boss from across the Tasman explains the reasoning behind Kmart's expansion here.

Colossal new Kmart for Auckland: Biggest NZ store planned

Vast new discounter to be built on greenfields site opposite Westgate Lifestyle Centre.

Just Group fires Smiggle boss over alleged misconduct

The managing director was due to start a new job with a jewellery retailer.

Editorial: NZ needs a third major supermarket player

OPINION: Tinkering around the edges has not been enough to make a difference.

Retail crime in NZ hinders Michael Hill result

Michael Hill has posted a disappointing result after tough year of local retail crime.

Wellington cafe suffers ‘worst sales day ever’ as job cuts bite

Cafe owners say crunch worse than during Covid and making a profit is 'near impossible'.

Small Business: Vegan bakery cooks up a capital idea for chef couple

What began as a farmers’ market stall has grown into a fulltime business.

The Kiwis making millions from turning a popcorn maker into a home coffee roaster

Frustration over not being able to roast beans at home drove the innovation.

Survival suits, whole pigs and fine wine: How Costco hijacked the American psyche

New York Times: Nearly one-third of US customers shop at Costco.

Retail sales continue to drop as cost-of-living pressures still bite

Retail sales fell 1.2% in the June quarter, the eighth consecutive quarter to see a drop.

SPQR liquidators renew liquor licence for failed restaurant

There has been some buyer interest in it.

Spending on cars and clothes down in July but some services escape malaise

Clothing and vehicle sellers had a less-than-stellar month.

New wave of dubious social media e-shops targets Kiwis

Kiwi singer says she's no customer of 'Williams Auckland' e-commerce fashion site.

36 jobs on the line at Mitre 10 headquarters

Mitre 10 chief executive cites low consumer confidence and spending.

Opinion: Time to tighten NZ competition law amid Foodstuffs merger debate

Economist's century-old theory criticised in debate over supermarket consolidation.