The Warehouse says implementing its strategic plan and reinvestment programme should bring an 8pc fall in profits.

Rival supermarkets are hitting Auckland's CBD in an attempt to win inner-city shoppers.

Successful, independent, single women are spending up to $15,000 on diamond rings as gifts for themselves.

KFC, Starbucks and Pizza Hut operator Restaurant Brands has revealed a 44pc profit plunge in its half year results, as Rugby World Cup business failed to make up for the impact of the Christchurch earthquake.

Optimism rules as company records positive profit results in all trading divisions.