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After more than six months of trouble and uncertainty, a mystery buyer has scooped up womenswear chain Shanton Fashions. Liquidator Gareth Hoole declined to reveal the identity of the buyer, but confirmed that they were based in New Zealand. He told The Register that there

It is a time of massive change, challenge, and opportunity in retail globally. The dynamics that make New Zealand such a unique market also make it an amazing place to innovate and chart new territory in the changing retail landscape. Competition is heating up.