'Particularly challenging': Michael Hill NZ's revenue drops 7.4%, strategic review under way
The group said conditions in New Zealand remain particularly challenging.
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Latest fromRetailing
Sasha Borissenko: Golriz case serves warning Big Brother is here
How a $40 tote bag incident exposes privacy oversights.
Kmart and Bunnings' parent company posts profit growth
Wesfarmers leadership say they are confident the New Zealand segment will perform.
Foodstuffs v Watercare: Peace breaks out over $100m Pak'nSave opening
Pak’nSave Highland Park granted a water connection, enabling it to open on time.
Look Sharp fined almost $300k for misleading pricing
Look Sharp had frequent and widespread pricing errors over a substantial period.
Turners upgrades profit guidance, set for fifth record result
The business aims to achieve its fifth consecutive record result amid a tough economy.
Spotlight told to halt using ‘Biggest Sale Ever’ over false advertising ruling
The store claimed it was its 'Biggest Sale Ever'. The ASA disagreed.
Retail spending off to slow start in 2025
Spending in the retail industries over January fell by 1.6%.
Kiwi summer spending lifts as cultural habits change
The data from Kiwibank shows Kiwis spent more on experiences than retail products.
JB Hi-Fi beats odds with big ticket retail growth
Despite other retailers struggling with big-ticket sales, JB Hi-Fi has performed well.
Costco New Zealand boosts revenue to $361 million
After reporting a loss of over $20m last year, Costco has almost fully bounced back.
NZ’s biggest new supermarket opens this month
More than 250 staff will work at the new store; over 200 job offers have been made so far.
Big-ticket items a no-go as consumer confidence falls
More Kiwis now think it's a bad time to buy a major household item in bad news for retail.
Opinion: Enough is enough – retail crime is not victimless and hurts shoppers
OPINION: The majority of retail crime is organised crime and involves repeat offending.
Elon Musk-led car company opening soon in vast new retail hub
Vehicles about to arrive at the new Westgate premises.
Two reasons why Woolworths plans 188% distribution centre expansion
'Further investment in supporting infrastructure is required for the business'.
Rise in holiday spending at end of 2024, electronic card data shows
New data from Stats NZ shows spending in retail performed strongly during December sales.
Auckland’s tallest office, apartment tower planned for downtown carpark site
Details revealed in application approved under new Fast-Track Approvals act.
Devonport $400m intensification plan fast-track application: New apartments, shops, offices
Major intensification plans show the Devonport spots in line for change.
Consumer spending growth in 2024 the lowest in five years
Worldline's Bruce Proffit said adjustments to household budgets were a key driver.
Briscoe Group profit downgrade a warning sign for retail, analysts say
Consumer confidence and spending patterns could be entrenched, one analyst said.
David Jones reports improving result in 2024 accounts
Luxury-brand retailer still made a loss in 2024, but had a small improvement.
Flagship rising: Rodd & Gunn opening Lodge bar, restaurant in Pompallier on Ponsonby
Bar and dining concept at Commercial Bay and Queenstown will be extended to Ponsonby.
More than $300k of Baby City gift cards and loyalty points now worthless
The business has been sold to a new owner and four stores remain trading.
Recession nothing to fear, according to new Northland business owners
You have to be crazy to start a business in a recession, right?
Boom in US retail real estate defies prediction of ecommerce apocalypse
Financial Times: Analysts had spoken of a 'retail apocalypse'.
Shoppers pack the stores for Boxing Day spending sprees
Kiwis have packed into stores on one of the busiest shopping days of the year.
Store owners "pretty happy" with Boxing Day sales
Plenty of shoppers around for Boxing Day sales but few loaded up with bargains
Will Boxing Day sales be boom or bust? Whangārei retail expert says 'wait and see'
Boxing day sales expected to create even more mayhem than Black Friday
Ikea store and warehouse top list of Auckland's biggest property developments
Industrial projects dominate new supply, the study found, comprising 65% of new stock.
Retailers' Christmas wish: Staying alive in 2025
Christmas sales will be critical to retailers' survival as 2025 shapes up as a challenge.
'Low point' – new data to confirm NZ back in recession
Data due this Thursday will update the nation's third-quarter economic performance.
McDonald’s consults Ngāti Whātua on Ōrākei drive-through restaurant plans
Real estate chief met Ngāti Whātua O Ōrakei on employment, safety, health and tikanga.