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Dick Smith’s regional stores struggle to be filled

  • Property
  • November 10, 2016
  • Elly Strang
Dick Smith’s regional stores struggle to be filled

Several more stores are under negotiation around the country, but the problem remains with Dick Smith's smaller regional stores. 

“Ex Dick Smith’s stores in locations like Levin, Gisborne, Richmond and Wanganui are still empty," Wolland says.

“Although the former Dick Smith’s stores are typically in the best retail locations in these markets, the issue is around the lack of demand from national brands to enter these smaller cities and towns."

Wolland said the smaller populations sizes in these areas meant brands weren't eager to set up shop there. 

“The hesitancy for the bigger brands moving into these locations is around the lack of catchment size. So it’s likely these sites will be back-filled with local retailers as opposed to national branded retailers," he said.

“We are working on a few options for these locations.”

The Dick Smith stores in New Zealand's major cities had been snapped up by larger, high-profile retailers.

International retailers Witner Shoes and Footlocker had scooped high-street sites in Wellington and Auckland, while Australian pet retailer, Petstock, had sped up its expansion into New Zealand to seize the opportunity.

“The opportunity presented by the closure of the Dick Smith’s chain accelerated these brands’ rollout into New Zealand,” Wolland says.

Others sites had been taken by homeware retailers such as Bed Bath & Beyond and Lighting Plus, as well as to The Clearance Shed, Repco, Hot Spring Spas. Pricewise and NZ Uniforms.

The Golf Warehouse, Curtain Studio, Citta Homewares andJay Car, Noel Leeming and PB Tech had also seized on a few sites. 

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Eat my Lunch opens its first physical store

  • News
  • July 23, 2019
  • Courtney Devereux
Eat my Lunch opens its first physical store

The popular buy one give one model of Eat My Lunch has officially opened its first retail store in Auckland’s downtown Britomart. The store maintains its charity initiative, supplying a Kiwi kid lunch with every $14 spent.

Read more
 
 

InStyle names All Is For All’s Grace Stratton a ‘Badass Woman’

  • News
  • July 18, 2019
  • The Register team
InStyle names All Is For All’s Grace Stratton a ‘Badass Woman’

Grace Stratton, the 20-year-old founder of specialty ecommerce site All Is For All, has been named one of 50 global Badass Women by US glossy magazine InStyle. The list includes international celebrities like Mindy Kaling and businesspeople like Stitch Fix chief executive Katrina Lake.

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Wellbeing in the workplace: Here's how its affecting your staff, and your bottom line

  • Opinion
  • July 18, 2019
  • Elly Strang
Wellbeing in the workplace: Here's how its affecting your staff, and your bottom line

Idealog editor Elly Strang recently spoke at the Magazine Publishers Association conference about the importance of wellbeing in the workplace, and the key takeaways from Wellness Month. She shares why it shouldn't be thought of as a luxury nice-to-have, like yoga classes, as research is showing it impacts on your bottom line, as well as some tips on how to create change in the workplace.

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How HomeAR is incorporating AR into architecture design

  • technology
  • July 18, 2019
  • Courtney Devereux
How HomeAR is incorporating AR into architecture design

Many people struggle to envision plans from simple 2D renders and floor plans, as without a designer's eye, filling in blanks from imagination isn’t the most reliable method when it comes to something as important as building a brand-new home or store. Reactar has launched an augmented reality-based platform, HomeAR, to counteract this, which allows users to see and engage with homes in a virtual way, making the very personal process more reliable.

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Simon West is the new chief executive of Torpedo7

  • Who's Where
  • July 18, 2019
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Simon West, who has 20 years' experience leading companies like Ezibuy, has been appointed the chief executive of The Warehouse Group's outdoor retailer Torpedo7.

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Bay of Plenty D2C Saltysea opens its first store

  • Design
  • July 17, 2019
  • Sarah Dunn
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Stephanie Saxton has been selling cheeky swimsuits and ethical activewear online out of Bay of Plenty's Athenree since 2018. She's now opened Saltysea's first bricks and mortar store, the Salty Collective.

Read more
 
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