Latest fromRetail

Developments keep retail world exciting
Chris Wilkinson was just 19 when he started in business, establishing what would become a chain of five one-hour photo stores around Wellington.

Sylvia Park case about defects, not leaks
A dispute over building defects at one of Auckland's biggest shopping malls was on the electronic online High Court list last Thursday.

Male grocery shoppers the new target of food brands
Men are now the primary grocery shoppers in about four in 10 households in America and food companies are taking notice.

Adidas strives for a US fix amid share slump
Adidas is struggling to increase revenue in the United States amid the dominance of Nike and growth of Under Armour.

Tesco gets more than sums wrong
'Tesco is like a wounded animal: we never know what it is going to do next," is how one battered food supplier describes its relationship with the UK's biggest retailer.

Kathmandu steps up global expansion as profit slips
Kathmandu, which today posted a 4.5pc decline in annual profit, said Australasian earnings should rise in the coming year.

Consumer confidence slips as rates rise
Consumer confidence has fallen in the Westpac McDermott Miller survey, reflecting less cheerful economic news and a flurry of interest rate rises from the Reserve Bank.

Wal-Mart exec resigns after fake degree exposed
Wal-Mart Stores' chief spokesman has resigned after the company discovered a falsehood in his official biography.

Warehouse investors await proof 2015 will show return
Warehouse Group investors await evidence that the retailer will get a return on the hundreds of millions of dollars spent overhauling stores.

Warehouse profit drops 18pc
NZ's largest listed retailer, The Warehouse, expects earnings to rise this financial year following an 18 percent drop in 2014.

Close supermarket and go, staffers told
Workers at a Countdown supermarket suddenly found themselves on the streets yesterday after a late court decision abruptly ended the company's lease.

Mitre 10, Bunnings surge on DIY wave
New Zealand's biggest DIY, hardware, gardening and trade store chain Mitre 10 will soon announce it has cracked the $1 billion revenue mark, well ahead of nearest rival Bunnings' $813 million.

Online and in-store
After years online, many Web retailing pioneers are discovering the old-school benefits of having a brick-and-mortar store.

Visa helps catch gas thieves
Visa is rolling out software to detect whether it's you or someone pretending to be you filling up on fuel.

Online eftpos payments could replace credit cards
Anyone with an eftpos card will soon be able to make payments online, removing the need for a credit card, says Paymark.

Web blamed for Hallenstein's big slump
A combination of unfavourable weather, heavy discounting and continued growth in online sales is behind yet another fall in profit for fashion retailer Hallenstein Glasson

June quarter healthy for retailers
Retailers were busier in the June quarter, sales climbing 1.2 per cent in volume terms to be up 3.6 per cent for the year.

Retail jump quickens, vehicles lead the way
New Zealand retail sales rose more than expected in the second quarter, as vehicle sales volumes and values increased at the fastest pace in two years.

Retailers step up online offerings
Retailers adapting to the changing habits of shoppers are using their own websites to combat "showrooming".

Card transactions up in July
Consumers' plastic cards saw more of the light of day last month.

Commission eyes Expedia's buyout of Wotif
Online travel giant Expedia has told New Zealand regulators there will be plenty of competition in the market after its planned buyout of rival booking site Wotif.

Market revival long time coming
Auckland’s famous Victoria Park Market needs a rescue plan to confirm the big future tenants were promised.