The Retail Collective founder Juanita Neville-Te Rito has been following the Dick Smith hearing in the Supreme Court of New South Wales with interest, and believes many lessons from it are applicable to Kiwi retailers.
After an effort to franchise six of its eight Nosh stores, investment firm Veritas has announced it may have to close the struggling chain early next year.
Layoffs have begun at Pumpkin Patch after no buyer has emerged. The struggling childrenswear company appointed administrators and entered receivership in October, and confirmed this week that the search for a buyer has met its end.
Less than two weeks after going into voluntary administration, the company behind New Zealand fast fashion labels Valleygirl and Temt has closed 30 of its 31 stores across New Zealand.
Auckland's Downtown Shopping Centre closed for the last time on Saturday. The executive chairman of property, design and research specialist agency RCG, Paul Keane, examines what this means for the greater Auckland retail scene.