The owner of the Mad Butcher Silverdale store has been put into liquidation, making it the seventh franchisee to go under in the last 18 months. We talked First Retail managing director Chris Wilkinson about why the chain is floundering in the current market.
Key stakeholders and retailers in Dunedin have banded together to form a ‘Heart of The City’ group to get its CBD on the map. The initiative was launched at a meeting last week and is modelled on similar groups operating successfully in Wellington and Queenstown.
Retailers’ bottom dollars are often affected by changes in seasonal weather patterns, and this year is no different. The lingering balmy weather across the country has meant there’s a lot of winter stock still waiting to be plucked off the shelves, a retail expert says.
A workshop held in Invercargill this week found that despite a drop in consumer spending locally, retailers are in good spirits about the industry. First Retail managing director Chris Wilkinson talks about tips given at the workshop and the surprising consumer spending trends bolstering the regions.
It’s no secret some provincial retailers are feeling quite vulnerable at the moment. However, help is on its way, with a workshop planned for Southland retailers in April on how to become more robust in the volatile market. We talk to First Retail’s Chris Wilkinson about the challenges facing Invercargill and the broader provincial retail industry.