Latest from Retail

Countdown suppliers file complaints

The Commerce Commission has received several complaints from suppliers about their dealings with Countdown.

Retail lift comes in under forecast

Herald on Sunday Editorial: Suppliers deserve an inquiry

Countdown supermarkets' Australian owners no doubt think their treatment of suppliers here came under attack this week.

Anonymity will be granted

Whistleblowers who come forward with information about alleged unfair business practices by supermarket giant Countdown can do so under cover of anonymity.

Nando's owner close to NZ sale

The company that ran Nando's in NZ had defaulted on royalty payments and owed $1.6m to its bank when it went into receivership, according to the first receivers' report.

Progressive: Big liquor payment OK

Countdown owner Progressive Enterprises has confirmed it received up to $2m from a liquor company - but denies it's a payment Labour's Shane Jones was talking about.

Consumers lose in 'shakedown'

Consumers would be the ultimate losers if supermarkets were extracting retrospective payments from their suppliers, Commerce Minister Craig Foss said this afternoon.

Less spending on plastic cards but confidence remains strong

Consumers' plastic cards saw less of the light of day last month, with electronic card transactions in the retail sector falling a seasonally adjusted 0.5 per cent from December.

Cookie Time's Japan crunch

It has taken three decades, but New Zealand food manufacturer Cookie Time has established its first overseas venture, opening a store in Japan.

Warehouse sees recovery after dip

The Warehouse Group has flagged a drop in interim profit after strong Christmas trading failed to offset a decline in first quarter margins.

NZ shares drop, led by Warehouse

Warehouse issues profit warning

Budget retailer the Warehouse is warning its first-half profit will fall by as much as 13 percent after strong Christmas sales failed to compensate for a margin squeeze in the first quarter.

Energy Mad surges on Amazon deal

Shares in lightbulb maker Energy Mad surged after it announced it had begun selling its energy-efficient products online in the United States through internet retail giant Amazon.

NZ Shares rise, led by OceanaGold

NZ shares rise led by Hallenstein, Fletcher

NZ shares mixed as Hallenstein recovers, Tower goes ex-div

NZ shares drop; Fletcher, Kathmandu fall

Hallenstein shares drop to 4-year low