It’s mostly positive news all round for New Zealand’s CBDs, Colliers International says in its half-yearly report. Auckland continues to be the country’s strongest performing city, but hot on its heels is Wellington with increased international attention and Christchurch, which is returning to prosperity.
Briscoe Group’s attempted takeover of Kathmandu is getting increasingly hostile, with neither side backing down. Briscoe said yesterday it wouldn’t increase its offer any higher and that shareholders should take it or leave it. But Kathmandu’s board today are still urging shareholders to reject it.
With some economists saying there could be a potential recession on the cards, we decided to look at what industries thrive when most fall on harder times. Two opposing retail industries make the cut - discount retailers and luxury retailers.
America’s largest firearms retailer has pledged to stop selling AR-15 assault rifles and other semi-automatic weapons. Walmart says the move is not related to negative publicity around the AR-15s, which have been used in several mass shootings in recent years, but to decreased demand from
After inciting national hysteria last year with its bottled chocolate milk, Lewis Road Creamery has launched two new flavours. The flavours are brand collaborations with Coffee Supreme and Heilala Vanilla. Meanwhile, Little Island coconut milk is emerging as a dairy free competitor to the indulgent
A special retailer is being sought for a refurbished heritage building on Auckland’s sought-after Queen St. The availability of the 150-year-old former Bank of New Zealand Tower is a sign of “frenetic” retail leasing activity on the Queen St strip, says Bayleys Real Estate leasing
Despite Auckland Airport announcing it would drop duty free stores DFS and JR Duty Free, Christchurch Airport has announced it’s extending its partnership with the retailer until 2023. JR Duty Free has had a shop space at the airport since 2010.
Labour Party leader Andrew Little introduces a new proposal called Flexible Tax for Business, which aims to allow businesses to pay taxes at the time they earn income. Here, he explains how the flexible tax could work for retailers.
Visual merchandiser Nicolle Aston was the keynote speaker on Monday at the Spring Gift Fair in Auckland. She exhorted Kiwi retailers to tap into their creativity and create displays that inject drama, theatre and a pinch of magic into their stores. Here are her top