'Unprecedented' - Ikea reveals huge $407m spend in New Zealand
The investment is 'significant and indicates the long-term commitment to New Zealand'.
AdvertisementAdvertise with NZME.
Latest fromRetail Trade
Supermarkets tight-lipped on plans in Napier and Havelock North
The Woolworths chain is not revealing its 'store network strategy'.
Spending weak over March as Kiwis watch their wallets
The Easter bunny didn't deliver any good news for retailers this year.
Supermarket giant in court battle over Eastern Busway extension plans
The supermarket is upset about possible parking issues during the major busway project.
Court bars City Rail Link from closing street outside Barclay Suites
A court says pedestrian and vehicle access near the CRL site must be upheld.
Property Insider: Which global brand is coming to Westgate next?
Nike's next big move; what does credit data tell us?
'Threat to survival': Wellington businesses fight removal of 20 car parks
A new campaign calls on Wellington City Council to 'park' its car park proposal.
Trade Aid to close stores: Business to focus on import, wholesale and online sales
The company's finances have taken a hit during cost-of-living crisis and low sales.
Home-building construction crunch: Who has failed lately and why
A 12-point list of the many builder failures lately.
$148m development dispute: Hawkins granted interim injunction in battle with Farmers owners
The builder and owners of the apartment, retail and dining project have gone to court.
Auckland house builder Selah Homes liquidated: What went wrong?
Secured creditors listed include the BNZ, PlaceMakers and The Warehouse.
Northlanders watching their pennies as retail spending tanks nationally
Retail spending continues to fall in the region, shop owners and economists confirm.
Billionaire Graeme Hart's US companies make $15b revenue
How did two American businesses owned by NZ's wealthiest man perform in 2023?
Silvermoon Jewellers in liquidation: Who’s owed money?
The first liquidator’s report is out and provides a breakdown of the numbers.
Editorial: Brace for some serious economic pain ahead
OPINION: Credit and mortgage distress is rising fast as interest rates bite.
Trev Terry boatyard receivers seek buyer as ‘tough market’ hits
Boat company will attend A&P show as usual, quest for buyer on horizon.
Mitre 10 changes at top: Smith takes over, Dippie steps down
Retail chain founded in 1974 about to celebrate 50 years trading in New Zealand this year.
'Make them help clean up the mess': Upset ram-raid victim wants tougher penalties
'We shouldn't let young offenders off scot-free just because of their age'.
Obituary: Auckland businessman Graeme Edwards
One of the former owners of Alloy Yachts, Graeme Edwards, has died.
Opinion: Torpedo7 sale - why sell bikes when you could sell groceries?
OPINION: As The Warehouse cuts its losses, one wonders what plans Tahua has for Torpedo7.
Warehouse Group sells Torpedo7 for $1 after paying $52m for it
A consortium including former NZ Breakers basketball team owners is to take over.
Biggest NZ mall owner pushes up revenue, shopper numbers
Australasian shopper visits rose 6.7 per cent in 2023.
Who is buying Hotel DeBrett for $21m?
Redevelopment opportunities exist at the heritage building.
Fletcher shares plunge amid $120m loss: Why CEO and chairman are going
'We both realise the buck stops with us. It’s in the best interests for us to hand over.'
Boutique Farro Fresh store opening on North Shore
Farro CEO cites first greenfield development of a new store.
Paku co-founder on introducing future generations to Matauranga Māori
Co-founder James Prier says the team launched their second product last year.
January consumer spending up, hospitality spending drops
Data from Worldline shows a slight lift in consumer spending in January.
Briscoe Group reports record full-year sales but expects dip in net profit
The Kiwi retailer has delivered strong results despite an industry downturn.
No bullying, harassment of KFC worker, ERA rules
Two Lino family members took action against Restaurant Brands. Both lost, the ERA ruled.
Fire alarm-activating thieves hit Auckland Mitre 10, take full trolley of gear
"It should be a really easy arrest": Registration, photos were supplied to the police.
Supie partially snapped up by another Kiwi business
'The purchase price we paid wasn’t significant.'
Creative instinct: Retailer proud to shine a light on Māori designs
'This is the highlight of this business.'
Harvey Norman revenue falls in spending downturn
Consumers are being more cautious about investing in their homes, the company says.
December spending on a “sharper decline than expected”
Electronic card spending fell at the end of last year which might be bad news for retail.