Briscoe group profits flat as costs, margins offset higher sales
Retailer Briscoe Group expects to report a flat half-year profit, as a lift in sales has been offset by a squeeze on margins and a rise in costs.
Retailer Briscoe Group expects to report a flat half-year profit, as a lift in sales has been offset by a squeeze on margins and a rise in costs.
Bendon lingerie is looking to sell some of its brands as the future of the company becomes more uncertain.
Consumers remain downbeat about the future of the economy, but are more upbeat about their own financial situations.
Fisher & Paykel Healthcare has made a record full year profit with more than $1 billion in sales
Major American bulk retailer Costco is aiming to open a store in North West Auckland, creating 350 jobs.
Property management and investment company Stride has posted a lower net profit, with slower growth in the value of its portfolio.
Kiwi Property has reported a strong full year underlying profit, as it continues to reinvest in its Auckland retail and office properties.
Infrastructure investor Infratil is teaming up with a Canadian investment firm to buy the local operations of Vodafone for $3.4 billion.
The company that owns Courtenay Central in Wellington says it has big plans for redeveloping the complex - which is closed due to earthquake risks.
New Zealand dairy co-operative Fonterra has confirmed the sale of its Tip Top brand to global ice cream giant Froneri for $380 million.