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Tuesday 28 June 2022

Retail

Curious AF Bottle Shop pop-up opening 22nd June 2022 /

Curious AF Bottle Shop pop-up opening

Entrepreneur and founder of Eat My Lunch and AF Drinks, Lisa King, is opening New Zealand’s first-ever alcohol-free bottle shop in Central Auckland.


Muted start for retail in 2022, supermarkets tick up 25th May 2022 /

Muted start for retail in 2022, supermarkets tick up

The volume of retail sales was flat in the March 2022 quarter, following a strong increase in the December 2021 quarter, according to Stats NZ.


Retail Payment System Bill passes third reading 12th May 2022

Retail Payment System Bill passes third reading

The Retail Payment System Bill has passed its third reading, regulating merchant service fees, and reducing a major overhead for small business, Commerce and Consumer Affairs Minister David Clark said.


Rising costs will lift prices 7.5% in Q2 – Retail NZ 8th April 2022

Rising costs will lift prices 7.5% in Q2 – Retail NZ

Ninety percent of retailers expect prices to rise by 7.5% on average over the next three months, says Retail New Zealand.


Warehouse profit slumps on Auckland lockdowns 23rd March 2022 /

Warehouse profit slumps on Auckland lockdowns

The Warehouse Group’s half-year profit has fallen 8.2% to $50.4m with the company citing Auckland’s extended Covid-19 alert level 4 and level 3 lockdowns for the decline.


Wellington Chocolate Factory’s capital plan 3rd March 2022 /

Wellington Chocolate Factory’s capital plan

GM Matt Williams says the company is eyeing a fundraise to fuel expansion and help satisfy the double-digit sales growth of its premium bars.


Retail spending hit, fears for Xmas grow 6th October 2021 /

Retail spending hit, fears for Xmas grow

Nationwide average retail spending was down by at least 15% in August and down by 16% in September, according to Retail New Zealand’s latest Retail Radar report.


Digital disruption is here, retailers must brace for change – Westpac 29th September 2021 /

Digital disruption is here, retailers must brace for change – Westpac

Digital disruption is bringing massive change to retail, with the tracking of food an important driver, says a new report from the bank.