Business
US-Iran war wounds NZ consumer spending
Retail sales volumes fell 0.5% in the June quarter as fuel purchases slumped.
Latest from Retail Trade
Stories and analysis from The Northern Express Herald.
Food prices rise 1.9% in July year as retail spending rebounds
Domestic airfares rose 20.7% in July, the biggest July rise on record.
From school dropout to NZ's youngest Mitre 10 owner at 23 – then doubling turnover
Running a Mitre 10 at 23 is 'like reading the how-to-fly manual as you’re taking off'.
Major brewer reports $30m-plus loss on back of slow hospo recovery
The company blames weak demand in hospitality and rising costs for the big loss.
Aesop and Le Labo stores coming to Auckland Airport this year
The international terminal's beauty boost is part of a retail and duty-free refresh.
More than 50 jobs secured as Caroline Eve takes over Ballentynes stores
The takeover means Caroline Eve’s workforce will grow to 200 employees nationwide.
The TV Shop fined $1.1m over fake ‘customer’ reviews
The company was convicted of 13 charges for breaches of the Fair Trading Act.
‘Value equation didn’t make sense’: Ex-Zuru exec takes on jewellery industry
Founded by Liam Whittaker, the Heirest brand aims to transform the market.
Why one man stole tip jars from businesses around Hawke's Bay
Joshua Condliffe's offending went viral when cafe shared video showing him taking the jar.
Foodstuffs South Island taken to court over alleged anti-competitive conduct
Franchises needed approval to discount certain products, the watchdog alleges.
Masked men raid jewellery store as staff flee
A person at the store alleges the men carried weapons and smashed windows.
Comeback Queen: How Federation survived $1m debt crisis and liquidation
Joblin sold her house to help tackle debts of more than $1m to save her clothing brand.
New owners to relaunch century-old retail icon Smiths City
Smiths City is set to make a comeback after going into liquidation last year.
Big bets, big builds: Inside Newmarket and environs' redevelopment
'Leasing side remarkably bullish, all things considered geopolitically' – Knoff-Thomas.
'Two-speed economy': Agri boom masks weaker retail, hospitality sales
Wage growth hit a record low 1.5% amid weak hiring.
Pay with your face? New eftpos terminals to reshape checkout experience
Verifone says it stores no images, only encrypted data.
After 20 years online, Mocka makes bold move into physical retail
The 900sq m furniture ‘superstore’ is twice the size of its debut site in Queensland.
Bottle-O parent proposes exit from NZ wholesale liquor arm
Metcash has begun consulting NZ wholesale staff on an exit plan.
Stirling Sports franchise collapse deepens as millions likely to go unpaid
Creditors are now owed $2.245m, almost triple the initial estimate by the liquidator.
Consumer spending cools as winter sets in, down $98m in June
Hospitality and apparel spending both slid, down 1.9% and 2.2% respectively.
Family wine firm snaps up eight labels in major local deal
Poulter’s purchase lifts its portfolio to 19 wine labels across key regions.
Services sector back in growth, but barely
'It's trending in the right direction, it's just not trending there very quickly.'
Bunnings launches revamped loyalty scheme for tradies
Bunnings has over 210,000 PowerPass members across New Zealand.
$185m plan: The property duo behind Christchurch’s tallest new tower
Christchurch's tallest to be 14 levels, with advanced seismic and safety features planned.
Inside the collapse of Burger Burger – and Mimi Gilmour's fight to save it
'I'm going to have to start again ... I'm not afraid of that.'
Caught red-handed: Auckland worker elegantly foils attempted theft of crimson garment
CCTV footage of the employee's success has racked up more than 1.2 million TikTok views.
From Smeg knives to Little Shop: The supermarket giveaways that hooked Kiwis
'Collectible promotions are tried and true. We seem to be hard-wired to collect things.'
Consumer confidence rebounds as oil pressures ease
Auckland led regional gains, jumping 10 points as Wellington lagged behind.
The businesses feeling the force of Kiwis’ spending pullback
Hospitality spending fell 5.4% in June, a drop of $42m from last year.
'More choice before they fly': Auckland Airport’s new food line-up unveiled
Ten new food and drink outlets will open this year at the international terminal.