Latest from Retail

'Physical retail model has not been delivering': Torpedo7 owner on online-only decision

The six remaining Torpedo7 stores will become The Outlet outlets by February 2026.

New CEO faces early test as Michael Hill's home market slips further

The jeweller's new CEO Jonathan Waecker led his first shareholder meeting.

Final Torpedo7 stores to close as retailer moves to online-only

All stores will be open over summer before transitioning by February 2026 to The Outlet.

Ikea parent expands Northland forestry footprint

About 3000ha of indigenous forest will be set aside for conservation.

Kiwis tightening wallets as cost pressures hit holiday spending plans

Many shoppers aim to finish gift buying by November to spread costs.

Macpac profit tumbles 70% as tougher market hits outdoor retailer

Retailer's net profit fell 70% to $3m as it was hit by rising costs and weaker demand.

Wonky Box expands again with new chilled and refillable grocery range

Co-founder Angus Simms says the business is focused on curation, not scale.

Funding shortfall: Venison pet food brands collapse owing $1m

The pet-food company largely sold its venison products into the United States.

Black Pineapple’s cocktail catering subsidiary owes IRD over $680k

Inland Revenue is owed more than $687,000 across multiple claims.

Lockdown inspired couple to plan glowworm cave attractions

Plans for a second attraction near Queenstown won Environment Court approval last month.

From milk bar to market giant: How Tip Top built 90 years of sweet success

Froneri has invested heavily in the business since buying it seven years ago.

NZ’s largest liquor store retailer reveals 2025 revenue, profits

The Australian-owned business has roughly 370 franchised shops in New Zealand.

'We've lost our ground': Warehouse boss admits margins under pressure

Shareholders have seen the company's stock price fall 30.7% in 12 months.

Godfrey Hirst owner looks to take Bremworth private

The offer is 85% above Bremworth’s latest closing share price of 62c.

Warehouse trims loss to $2.8m but operating profit slumps

The Warehouse Group cut its net loss to $2.76m from $54.2m last year.

'The bar is very low': Will The Warehouse Group beat result expectations?

The retailer has warned full-year operating profit could be as low as a $5m loss.