It was a glamorous night out for all celebrating retail’s star performers at Retail NZ’s 2015 Upper North Island Top Shop Awards. The crowd pulled out their best frocks, champagne bottles were popped and tables were adorned with glittering miniature shopping trolleys.
Onehunga-based House of Décor was a crowd favourite from the start – although it may have had an advantage there, given that three tables’ worth of supporters turned out to accompany the team on the night.
Kirkcaldie’s shareholders have voted overwhelmingly to sell the historical brand and lease the store to Australian retailer David Jones. Chairman Falcon Clouston says the sale is proof of how tough retailing has become, particularly with a single, large format store like Kirkcaldie & Stains.
Warehouse Stationery Royal Oak won the Overall Regional Supreme Award for the Upper North Island in a ceremony at Auckland’s SkyCity last night. The team also won the National Multi-Store category and was runner up in Multi-Store Omnichannel.
When business is booming within a CBD, it often has a reverse effect and increases the rent for retailers – kicking those who can’t afford to stick around to the curb. We talked to JLL’s director of research and capital markets about the challenges surrounding CBD rent in high and low rent areas, and whether it’s worth paying the price to be a prime position.
An exciting mix of new names and old populate the 85-strong provisional designer line-up for this year’s New Zealand Fashion Week, which was announced yesterday.