Retail
The Productivity Commission's Patrick Nolan says getting a clearer picture of what success looks like can help illustrate the challenges facing New Zealand firms striving to be world class
21st Jul 20, 8:56am
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The Productivity Commission's Patrick Nolan says getting a clearer picture of what success looks like can help illustrate the challenges facing New Zealand firms striving to be world class
The Warehouse Group has enjoyed strong trading so far since lockdown but is warning of likely need for asset writedowns and is still not prepared to give any profit guidance for the financial year ending this month
9th Jul 20, 11:38am
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The Warehouse Group has enjoyed strong trading so far since lockdown but is warning of likely need for asset writedowns and is still not prepared to give any profit guidance for the financial year ending this month
Research by NZ Retail finds over half of retailers reported better business in June compared with a year ago but over a quarter fared worse; 6000 jobs seen as going over next three months
7th Jul 20, 2:45pm
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Research by NZ Retail finds over half of retailers reported better business in June compared with a year ago but over a quarter fared worse; 6000 jobs seen as going over next three months
David Hargreaves says while it would be lovely to simply bin this year and move straight on to 2021, we may be able to somewhat salvage matters in the second half of 2020
10th Jun 20, 7:50am
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David Hargreaves says while it would be lovely to simply bin this year and move straight on to 2021, we may be able to somewhat salvage matters in the second half of 2020
Economists are welcoming the country's faster than expected move to normality after the lockdown but warn that bad news is still ahead regarding unemployment
8th Jun 20, 3:04pm
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Economists are welcoming the country's faster than expected move to normality after the lockdown but warn that bad news is still ahead regarding unemployment
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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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