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Retail

The Warehouse Group has announced plans to close stores and restructure its head office, with over 1000 jobs to go across all its operations
8th Jun 20, 10:59am
16
The Warehouse Group has announced plans to close stores and restructure its head office, with over 1000 jobs to go across all its operations
Neither retailers nor commercial property owners satisfied with where the Government landed on how rent relief should be negotiated
4th Jun 20, 6:42pm
21
Neither retailers nor commercial property owners satisfied with where the Government landed on how rent relief should be negotiated
Temporary amendment to Property Law Act will require 'a fair reduction' in rent where a business has suffered a loss of revenue because of COVID-19
4th Jun 20, 8:54am
13
Temporary amendment to Property Law Act will require 'a fair reduction' in rent where a business has suffered a loss of revenue because of COVID-19
Westpac economists say some recent data is tentatively suggesting that the economic situation may not be quite as severe as they had been predicting
2nd Jun 20, 11:46am
73
Westpac economists say some recent data is tentatively suggesting that the economic situation may not be quite as severe as they had been predicting
Economists at the country's biggest bank say based on their bank's card data, spending has returned to 'normal' - but there's no sign of any catch-up on spending that was 'lost' during lockdown
28th May 20, 2:40pm
44
Economists at the country's biggest bank say based on their bank's card data, spending has returned to 'normal' - but there's no sign of any catch-up on spending that was 'lost' during lockdown
Official figures show spending on food and groceries rose a whopping $376 million in the past month; elsewhere it's a predictably grim story
9th Apr 20, 11:15am
28
Official figures show spending on food and groceries rose a whopping $376 million in the past month; elsewhere it's a predictably grim story
One of the country's largest retailers has provided details of how much of the $6.6 billion Government wage subsidy it has received and where it has gone
9th Apr 20, 10:17am
11
One of the country's largest retailers has provided details of how much of the $6.6 billion Government wage subsidy it has received and where it has gone
The Warehouse says it did believe it was an 'essential service' at the time it stated so to the sharemarket; has now cancelled its dividend; profit guidance withdrawn; share price falls
26th Mar 20, 9:09am
22
The Warehouse says it did believe it was an 'essential service' at the time it stated so to the sharemarket; has now cancelled its dividend; profit guidance withdrawn; share price falls
ANZ NZ CEO Antonia Watson says some government working capital support in response to coronavirus outbreak might be useful, bank in a very good position from a liquidity and funding sense
10th Mar 20, 1:44pm
19
ANZ NZ CEO Antonia Watson says some government working capital support in response to coronavirus outbreak might be useful, bank in a very good position from a liquidity and funding sense
Gareth Vaughan casts an eye over UBS research tomes on Afterpay and the buy now, pay later sector to get a feel for its success and the threats it faces
21st Oct 19, 9:48am
1
Gareth Vaughan casts an eye over UBS research tomes on Afterpay and the buy now, pay later sector to get a feel for its success and the threats it faces
PartPay CEO John O’Sullivan says buy now, pay later service providers will expand into all sorts of areas and services given they can be used anywhere someone wants to pay for something in instalments
27th Aug 19, 7:37am
3
PartPay CEO John O’Sullivan says buy now, pay later service providers will expand into all sorts of areas and services given they can be used anywhere someone wants to pay for something in instalments
Kathmandu is warning that customers' personal and payment information details may have been compromised
13th Mar 19, 2:34pm
Kathmandu is warning that customers' personal and payment information details may have been compromised
After racking up losses, retailer The Warehouse has offloaded its finance arm to SBS subsidiary Finance Now
24th Jul 17, 2:45pm
2
After racking up losses, retailer The Warehouse has offloaded its finance arm to SBS subsidiary Finance Now
The Co-operative Bank says CFO Gareth Fleming is leaving after 10 years at the bank; Fleming recently acted as CEO
11th Jul 17, 9:06am
The Co-operative Bank says CFO Gareth Fleming is leaving after 10 years at the bank; Fleming recently acted as CEO
The Co-operative Bank says it is excited to be offering a new way for its customers to pay online as quickly and easily as possible
11th Jul 17, 9:03am
The Co-operative Bank says it is excited to be offering a new way for its customers to pay online as quickly and easily as possible
Just as our society has created an obesity-generating environment, it has also created a debt generating environment. Somehow, we have to change those social cues, writes Bernard Hickey
16th Oct 16, 5:02am
30
Just as our society has created an obesity-generating environment, it has also created a debt generating environment. Somehow, we have to change those social cues, writes Bernard Hickey
Bank lobby group says interchange fees are 'set in a competitive commercial environment' as the Government mulls regulation
22nd Sep 16, 10:12am
Bank lobby group says interchange fees are 'set in a competitive commercial environment' as the Government mulls regulation
BNZ says a survey showing a massive online spike in post 'Brexit' British retail purchases by Kiwis after the pound plunged shows that NZ 'is particularly adept at importing global deflation'
1st Aug 16, 1:34pm
7
BNZ says a survey showing a massive online spike in post 'Brexit' British retail purchases by Kiwis after the pound plunged shows that NZ 'is particularly adept at importing global deflation'
Ryan Greenaway-McGrevy points out the TPPA hurdles the WTO on e-commerce, imposing a permanent ban on e-commerce tariffs between signatories
27th Jul 16, 7:57am
1
Ryan Greenaway-McGrevy points out the TPPA hurdles the WTO on e-commerce, imposing a permanent ban on e-commerce tariffs between signatories
A review of things you need to know before you go home on Tuesday; China hints at more stimulus, 4 more Fed hikes tipped, Maui pipeline sold, Commerce Commission in action, NZ dollar steady
22nd Dec 15, 3:59pm
13
A review of things you need to know before you go home on Tuesday; China hints at more stimulus, 4 more Fed hikes tipped, Maui pipeline sold, Commerce Commission in action, NZ dollar steady
Matt Nolan on the Top 10 economics Christmas dinner discussion topics
18th Dec 15, 10:00am
8
Matt Nolan on the Top 10 economics Christmas dinner discussion topics
The Warehouse buys out partner Westpac from financial services venture, pledges new services from in-house financial services business
1st Oct 15, 9:12am
1
The Warehouse buys out partner Westpac from financial services venture, pledges new services from in-house financial services business
Bernard Hickey says John Key is right to try to protect New Zealand's broad based and low rate tax base from an evaporation into the stateless cloud
22nd Mar 15, 5:00am
36
Bernard Hickey says John Key is right to try to protect New Zealand's broad based and low rate tax base from an evaporation into the stateless cloud
Elizabeth Kerr blames television for sabotaging our financial future
10th Feb 15, 5:00am
17
Elizabeth Kerr blames television for sabotaging our financial future
Deloitte sees 'inflection point' for contactless payments via mobile phones in 2015
23rd Jan 15, 4:15pm
Deloitte sees 'inflection point' for contactless payments via mobile phones in 2015