Latest from Retail
Ikea to hire 500 staff for NZ launch, 100 more than planned
Employees get five weeks paid leave as well as a 15% discount at the store.
Property Insider: Foodstuffs' $380m expansion with new Pak'nSave sites in the works
The biggest is a new application for a $100m Pak'nSave on reclaimed land in Takapuna.
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Hart family business acquires Hansells Masterton out of receivership
Walter & Wild, the new owner, initially placed Hansells into receivership.
Burning Auckland supermarket one of NZ’s most profitable
The store is one of the most profitable and popular in Foodstuffs' North Island co-op.
South Island's largest supermarket to open early and under $50m
The store, at 8100sq m, is the largest retail outlet in the South Island.
Mighty Ape boss fronts over glitch that saw some users logged into other users’ accounts
Online retailer has suffered a six-month period of glitches since an October upgrade.
'Pretty positive': Fieldays vendors thrive as farmers invest
Farmers flocked to Fieldays, boosted by high milk and red meat prices.
Cautious spending: Card data shows dip in retail sales for May
Economist Satish Ranchhod says retail spending likely to remain 'soft for a while'.
Smith & Caughey’s unveils final window display, announces it will close in days
The store’s 'End of an Era Sale' began last Wednesday, attracting lines around the block.
Supermarket crackdown: Grocery code shake-up gets mixed reaction from industry players
One says it'll bring transparency while another questions if it has the right balance.
NZ EV market rebounds strongly, but Tesla struggles to catch the wave
Overall new vehicle sales nudge up.
ComCom threatens regulatory crackdown on supermarkets
Consumer NZ doesn't have faith that operators in the sector will make changes voluntarily.
On The Up: How a family-owned Kiwi firm quietly conquered the cleaning market
Barry Robertson, founder of Quantum Pacific, shared his father still works on the floor.
'Pretty special': Sistema founder's surprise at receiving knighthood
Plus: Several other prominent business people have been honoured.
Police launch review after controversial retail crime directive
The directive set thresholds for theft: $200 general, $150 petrol, $500 shoplifting.
New retailer The Outlet set to open next week
The Outlet opens on June 3 online and in store, offering off-price retail.
Craft beer firesale: ASB recovers funds, but other creditors face $1.4m loss
Deep Creek liquidators investigate debtor balances amid big shortfall for creditors.
Watch: Customers line outside Smith & Caughey’s for the last time
The store’s 'End of an Era Sale' began on Wednesday, attracting lines around the block.
2 Cheap Cars profit drops 47% amid economic downturn
Revenue fell by 6% as the business faced pressure from several market factors.