Latest from Retail

Cafe that took $176k in wage subsidies now in liquidation over unpaid tax, fines

Company got $176,000 in Covid-19 wage subsidies since 2020 but didn't pay tax.

Jarden Brief: World’s biggest consulting cutbacks announced at Accenture

After Credit Suisse collapse, intrigue continues.

Cost-of-living 'peak misery' still to come, The Warehouse CEO warns

The Warehouse Group attributes a rise in expenses and slowed spending to severe losses.

Job cuts confirmed as profits tumble at The Warehouse Group

Shares plunge 13 per cent following result.

Consumer confidence lifts slightly but remains grim

It might seem as if retail is raking it in - but inflation is taking a big bite.

KMD Brands’ earnings bounce back on return of tourism, store reopenings

The retailer behind Kathmandu, Rip Curl and Oboz has reported a record $14m profit.

Briscoes reports record sales revenue, shaking off pandemic blues

The retailer posted a 5.56 per cent rise in sales revenue on last year.

Twin-building $25m heritage offices, shops completed in Britomart

Office, retail tenants left buildings pre-pandemic but the space is now reoccupied.

ASB, Heartland, Watercare, staff claim $250,000-plus from insolvent baking business

Bakery said it had failed to recoup costs due to Covid-19 lockdowns.

Woolworths profits continue to rise through cost-of-living crisis

Woolworths Group's results show a 14% rise in profits and an almost 40% drop in earnings.

Michael Hill earnings on track despite ram raiders, severe weather

Chief executive Daniel Bracken said the last year has brought challenges for NZ retailers.

Kiwis getting 'less bang for our buck' as retail sales volumes dip

Hardware, building, and garden supplies sales have dropped.

Michael Hill hits record sales despite ram raids

Michael Hill boosted sales but would have made more if not for crime

Turners confirms 'upward pricing pressure' on vehicles after cyclone

Auction firm says there may be a short-term imbalance in demand and supply of used cars.

Restaurant woes: Kiwi film star among creditors owed $750,000

Immigration 'shambles' blamed as IRD claims more than $200k.

Jarden Brief: Walmart climbs up but bloated grocery prices spark unease

A big day for big US retailers gives a hint about where people think inflation is heading.