
Kiwis spend whopping $6b in December
The latest data from Paymark showed a 6.6 per cent increase in spending for the month of December on the last year.
The latest data from Paymark showed a 6.6 per cent increase in spending for the month of December on the last year.
Shoppers are hoping big international retailers will continue to flock to New Zealand in 2017.
COMMENT: The fashion industry is grappling with an existential question: how to sell its wares to consumers?
COMMENT: Most of the people I give gifts to don't buy into economists' view that cash dominates gift selection.
While immigrants are often accused of stealing jobs, they are increasingly undercut in America's clothing industry.
Amazon is exploring the use of giant airships to serve as mobile, flying warehouses that could help the online retail giant deliver more of its goods by drone.
People are insisting that the hottest toy of the season spews curses at them when it is hatching and supposedly sleeping.
Amazon has sparked outrage by continuing to sell "racist" and religiously offensive fancy dress costumes despite criticism from customers.
New tenants are being sought for Stewart Dawson corner after the jeweller vacated following the November earthquakes.
NZ Herald Business Leader of the Year has pulled off one of the big deals of the decade and is a petrol retailer determined to fight climate change
Mitre 10 has been forced to apologise and hand over a voucher after a store failed to honour its 15 per cent price-match guarantee.
Pumpkin Patch owes $59.5 million to its bank and at least $6.6m to other creditors, receivers KordaMentha said.
Downtown Auckland businesses are having an extended Boxing Day shopping period as up to 6500 people come ashore from the largest cruise
Kiwis were more focused on buying gifts for Christmas than getting Boxing Day bargains, new figures from Paymark show.
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There are plenty of unfair costs thinning our wallets, but not many are guaranteed to halve your money.
Stores are already heaving with Boxing Day shoppers, but some retailers jumped the gun this year with online discounts.
Kiwis have been scrambling to do last minute Christmas shopping at a record-breaking pace today.
The massive Chinese online marketplace Alibaba has been named again on the US 'Notorious Markets' for allegedly selling fake goods.
The Fortune 500 list of the world's biggest companies features Apple in the top 10 for the first time.
New Zealanders will soon be paying more for their milk after sharp price gains on world commodities markets.
Stores are bursting at the seams in the lead up to Christmas this year as last minute shoppers make their final dash.
Former Billabong CEO Matthew Perrin has been convicted of fraud and forgery offences after faking his ex-wife's signature to get a $13.5 million loan.
Retailers might be facing a tough Christmas after The Warehouse revealed trading has been well below last year.
Smiths City first-half profit slides 46% on restructuring costs, year-earlier asset sale not repeated.
The Warehouse says profit may fall up to 15 per cent as it contends with a weaker-than-expected run up to Christmas.
The jury in the fraud trial of fallen Billabong boss Matthew Perrin is expected to begin deliberations early this week.
Vacuum cleaner company Godfreys has been fined $48k over lack of information in extended warranties.
Christmas spending is shaping up to be strong across the country.
Annual economic growth is expected to accelerate to 3.7 per cent from 3.6 per cent.