Latest from Retail

Domino's Pizza profit leaps 44%

ASX-listed Domino's Pizza Enterprises, parent company of Domino's New Zealand, has reported one of its strongest half-year results to date, with net profit of A$29.1 million, up 44.2 per cent on the same period last year.

Shanton Fashion shortfall about $4.45m

Creditors of women's clothing chain Shanton Fashion are owed almost $7.8 million, while the company has $3.35 million in assets, a wider shortfall than the $693,000 estimate directors gave when the company went into voluntary administration last month.

Lower petrol prices offset spending in January

Retail spending charged to electronic cards fell 0.4 per cent last month, its third monthly decline in a row, as lower prices at the pump offset increased spending elsewhere.

Spending on debit, credit cards up in Jan

Christopher Niesche: Smart homes strategy for smart retailer

Despite the fast changing market, JB Hi-Fi excels at jumping on the next big thing in technology and getting the march on its competitors, writes Christophwer Niesche.

Briscoe eyes loyalty programme

Briscoe Group, which operates the Briscoes, Rebel Sports, and Living & Giving stores, may introduce a customer loyalty programme to stoke growth in online sales.

Services sector activity on the rise

Services sector activity picked up in December, led by wholesale trade and hospitality.

Hunt for yields drives shares to record

New Zealand shares rose to a new record close yesterday as holidays in Auckland and Australia kept trading volumes light.

Warehouse bosses under fire

The Warehouse Group chairman says the company remains committed to its strategy amid criticism that its growth push has failed and major changes need to take place at the board and CEO level.

Warehouse shares plunge on warning

Warehouse shares have plunged today after it said profits for the first half of the financial year are likely to be down 20 per cent.

New Year's sales target shoppers

Boxing Day is over but retailers are stretching their sales by as much as a week to persuade shoppers to open their wallets.

Kiwis' $404m splurge

Shoppers spent a record-breaking amount on Christmas Eve and Boxing Day, according to figures released by Paymark today.

Kathmandu reverses three-day decline

Big brand stores may head to Auckland

Mayor Len Brown has named big-brand international retailers Apple and Tiffany & Co as potential candidates to open their first New Zealand stores in Auckland.

Kathmandu warns of slow Christmas

S Korea 'huge deal' for ecostore

New Zealand cleaning products company ecostore has signed a deal that will see the company export to South Korea from next year.

Trade Me defends claim tool is 'sexist'

An online petition criticising Trade Me's Gift Finder tool as "sexist" has attracted 250 signatures in its first few days.

Puma names Rihanna creative director

Rihanna, the pop singer with multiple awards to her name, has been appointed women's creative director of Puma SE.