Warehouse Group sells Torpedo7 for $1 after paying $52m for it
A consortium including former NZ Breakers basketball team owners is to take over.
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Latest from Retail
Woolworths Group CEO steps down after interview storm-out
The supermarket giant also announced its half-year results.
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.
Kathmandu’s shares plunge on sour sales shock
Sales for the outdoor clothing brand are down 21 per cent.
'Hungry meat thief' back behind bars, told to 'get a job'
The judge told the recidivist thief supermarkets were sick of people like him.
Downbeat data points to easing inflation, less pressure on RBNZ to hike rates
Subdued consumer prices, card spending and housing data will give RBNZ pause for thought.
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.'
Queen St an economic powerhouse, but businesses struggling
Retailers in Auckland's city centre say they are still struggling to keep afloat.
‘Exciting times’ - Second Costco supermarket tipped for Auckland suburb
Rolleston was thought to be site of a second store. Now, that's changed. Bosses are mum.
Boutique Farro Fresh store opening on North Shore
Farro CEO cites first greenfield development of a new store.
Bracing for bad news: The stocks to watch this reporting season
Analysts warn this may be the third-worst earnings season ever.
Small business: Sun & Set gives rise to new beauty product
A young entrepreneur who moved to Australia says NZ is the best place to start a business.
'Short-sighted': Why an expert believes the disposable vape ban is not working
$10 vapes are still on the market - only now they have an added feature.
No sign of a spending slowdown in Australia, even at the luxury end
OPINION: Retailer share prices have hit a 12-month high despite higher interest rates.
'Tough call': About 40 Warehouse staff to find new roles as central site closes
"Our main focus right now is making sure they’re taken care of." - Warehouse boss.
Northlanders both concerned and happy about supermarket facial recognition trial
Is Pak'nSave Whangārei one of the stores trialling the technology?
'Immensely challenging' - Mitre 10 head office bosses on problems paying suppliers
'Interfacing between new and legacy systems while we transition to our new platform.' CEO
How a flaw in Woolworths loyalty app paid for booze and groceries
Woolworths customers spent up large before the points sharing loophole was closed.
'Disturbing': Four burglaries in five days at Rotorua's Cash Converters
'We believe these break-ins have been carried out by the same group.'
Grocery Commissioner launches new ‘whistleblower’ tool
Device hopes to remove 'risk of retaliation' for supermarket suppliers.
Warning as families turn to buy-now pay-later for groceries at The Warehouse
Families are using it to cover the cost of groceries.
$150m in build-to-rent units for Auckland suburb
Sixth site for business specialising in building apartments to be rented in perpetuity.
Paku co-founder on introducing future generations to Matauranga Māori
Co-founder James Prier says the team launched their second product last year.
Why Godfreys went into voluntary administration; rival offers staff a lifeline
Five stores in New Zealand have been closed as a buyer is sought for the business.
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.
'Deeply saddened': 90-year-old retailer Godfreys enters voluntary administration
The move will result in some store closures and redundancies in the coming weeks.
Woolworths slashes 70 per cent from its NZ supermarkets’ value
The writedown follows claims New Zealand supermarkets are uncompetitive.
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.'
Praise be! Pentecostal church buys Penrose base from Baptists
A 1.3ha Penrose property beside a high school has changed hands: what next for the site?