What happens with Supie customer refunds and the $900k of leftover stock?
Suppliers are waiting on between $800,000 to $900,000 worth of stock.
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Latest fromRetailing
Property Insider: Singaporeans lured to Hobsonville, Costco Oz/NZ boss retiring
'We have contracts conditional on approximately $3m of stock from Singapore': John Love.
Brain drink or fancy juice? Start-up strives to prove health claims
Ambitious beverage startup faces criticism and regulatory turbulence.
How billion-dollar builder quadrupled annual revenue
"We don’t just move people around from project to project but let them put down roots."
'Serious public safety concerns': Pharmacy's licences cancelled
"These are the only pharmacy licences cancelled during 2023 to date."
Two Napier Big Barrel liquor stores broken into in as many days
One of nine offenders who smashed into the shop by hand seriously hurt themselves.
'Extremely exciting': Bay set to reap the benefits of busy summer cruise ship season
Tauranga is set to welcome the first of more than 110 cruise ships.
Anatomy of Labour’s collapse: From unprecedented support to devastating loss in three years
Ardern wanted to look after first-time Labour voters after 2020 win. What happened?
Eke Panuku to sell Northcote town centre
The 3.13ha publicly owned site now a large carpark surrounded by shops on council land.
What it's like inside Mecca's newly opened Christchurch megastore
Mega Mecca store - 2nd biggest in Australasia - opens in Christchurch CBD retail precinct.
Kiwis put clothes shopping on hold as interest rates bite
Card spending data shows economy slowing as higher interest rates bite.
Big supermarket loyalty cards under fire from Consumer NZ
Foodstuffs rejects claim dismissing "loyalty".
First-half commercial, industrial, retail property sales $1.2b, down 25pc
Private investors are the single most active group, ahead of syndicates and foreigners.
The Costco effect: Will more international brands follow the retail giant into NZ?
Will Costco's popularity send a message to other businesses abroad?
Lego ditches oil-free bricks in sustainability setback
Financial Times: Lego says the new material would have a bigger carbon footprint.
'The bargain buzz': Shoppers reveal how they get the best out of Costco
A dozen bluff oysters for $3 or a storage headache?
Labour says ram raids are down, National says they're not. Who's telling the truth?
Labour, National at odds on whether the number of ram raids is falling. We have the data.
Costco snaps up Kiwi custard delight
How a New Zealand dessert-maker has benefitted from being sold through the US retailer.
The Costco effect: One year on from giant US retailer's NZ launch
More than 150,000 Kiwis have signed up.
Developer battles PlaceMakers over materials, alleged delays
A $335,000 debt has sparked court action and a bankruptcy application.
GST debt prompts Inland Revenue to liquidate clothing retailer
Problems included ill health, credit facility withdrawal, economic conditions, overheads.
EVs, fast food and a supermarket - the new stores coming to Westgate
A multimillion-dollar collection of new fast-food stores is opening near Costco Fuel.
'Spectacular': Briscoe boss upbeat despite lower profit
The retailer posted a record half-year result, while net profit took a 6 per cent hit.
Czarina Wilson celebrates Aotearoa from the gallery to Glen Innes
There are treasures to be found from a range of artists.
Fourth vape shop in Auckland mall labelled 'a disgrace'
Community advocates are furious, saying politicians should be doing more.
End of an era: Edmonds discontinues pastry range
Company says its frozen pastry range is "no longer commercially viable".
Nike cuts online shopping in NZ
The sportswear giant announced the closure of its online sales in New Zealand today.
Redcurrent’s liquidators fail to sell retailer
Liquidators were appointed by its shareholders in February.
'Covid just wrecked us': Kiwi fashion label calls in liquidators
'Customers would tell us we’ve just not been into town for six months.'
Masala Bazaar breaking the ‘stereotypical lens’ for South Asian women in business
Haya Khan says Masala Bazaar is working to change the "Bollywood representation" of women.
The Power List: Ranking NZ's booze barons and top liquor retailers
With the industry facing further reform, the liquor barons are jostling for position.
Quiet seaside village fights off plans for Super Liquor store next to school
Liquor firm feels seaside community would have benefited from having the bottle store.
Inflation, labour issues take 86pc bite out of Restaurant Brands profit
The fast-food retailer plans to increase prices to deal with a 'volatile' economy.
Q&A: Harper James founder talks inclusive underwear designs for ‘hardworking women’
Social media has become a core tool for selling the underwear.