Kiwi Property makes flat profit as rental revenue falls
Kiwi Property has made a steady first-half profit despite a drop in rental income following the sale of a number of non-core properties.
Kiwi Property has made a steady first-half profit despite a drop in rental income following the sale of a number of non-core properties.
The small Christchurch store at the centre of a trademark battle is looking forward to again being able to sell British made Weetabix.
Aside from retailers, there's been a rebound in business confidence, with most indicators showing some sign of improvement.
Briscoe Group has reported slower profit growth and warns margins will continue to be tested by flagging consumer confidence, rising costs and a lower dollar.
New Zealand's biggest retailer The Warehouse has made a solid profit, despite flat sales growth.
Amazon has briefly become the second US-listed firm to have a market value of more than $1 trillion ($NZ1.53tn).
The Briscoe Group is on track for a record half-year profit lift as it reports a modest lift in sales.
New Zealand supermarket shoppers are among the world's keenest on a cheap deal, spending $6 out of every $10 on groceries that are on special.
The Commerce Commission will take the controversial ticket reseller company Viagogo to court, saying it breached the Fair Trading Act.
Up to 140 jobs will be lost at The Warehouse, as the country's biggest retailer restructures its store leadership.