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2016 in retail: Most impressive revival, and biggest departure

  • News
  • January 2, 2017
  • Elly Strang
2016 in retail: Most impressive revival, and biggest departure

The most impressive brand revival award

Winner: Kmart

There’s nothing like an impressive reinvention story in retail, and when it comes to reinventions, Australian-owned discount homeware store Kmart is king. It went from being on the brink of bankruptcy and languishing behind its competitors in the New Zealand market, Farmers and The Warehouse, to becoming a nationwide fan favourite – even inspiring us to a pen a love letter to it on The Register. Its fortunes were turned around when it honed in on its point of difference and modelled itself as a specialist in cheap-but-chic homeware, with a restructured product offering, a strong social media buzz behind the brand (Look on Pinterest, Facebook or Instagram and you’ll find a cult following posting about its every move) and a brand-new in-store look. With its New Zealand ecommerce site just about to launch, the brand is going from strength to strength and shows no signs of slowing down.

Runner up: Farmers launching its ecommerce site and new apparel and homewares range.

The biggest departure from a company award

Winner: Farmers CEO Rod McDermott

McDermott’s swift exit from one of New Zealand’s heritage retailers after 25 years was one of the most shocking moves of the year from a retail executive. He had been chief executive for 10 years, and with the company for another 15. He even helped the brand ring in its 100th anniversary. Farmers chief financial officer Michael Power said McDermott had left to seek out “new and interesting challenges”.

Runner up: Michael Hill chief executive Mike Parsell stepping down after 16 years.

This story originally appeared in NZ Retail magazine issue 747 December 2016 / January 2017

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Military-style semi-automatics ban announced

  • News
  • March 21, 2019
  • The Register team
Military-style semi-automatics ban announced

As of 3pm on March 21, a wide range of semi-automatic weapons have been reclassified under section 74A(c) of the Arms Act as requiring an E endorsement on a firearms license. This means they can no longer be sold to those with A-category gun licenses, and their purchase now requires police approval.

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Retailers gather for insights at NZ Retail and The Register's breakfast

  • News
  • March 21, 2019
  • The Register
Retailers gather for insights at NZ Retail and The Register's breakfast

NZ Retail and The Register’s sales and marketing breakfast saw dozens of Kiwi retailers come together to network, sharing tips and tricks and absorbing expert advice.

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Who stole Christmas?

  • News
  • March 21, 2019
  • Kelly Withers
Who stole Christmas?

Results are starting to trickle in from Christmas 2018/2019, and for many retailers, they're a little disappointing. Paydar chief executive and co-founder Kelly Withers explores the data.

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Social scoreboard

Zavy and The Register have worked together to create a scoreboard that compares how the top 25 traditional media advertising spenders in New Zealand have performed on social media over the past 30 days, updated in real time.

 
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  • News
  • March 20, 2019
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