Renaissance says 2013 earnings will be ‘disappointing’, closes four of nine retail stores

Mon, 15 Jul 2013

(Fixes spelling of Sylvia Park in second paragraph) July 15 (BusinessDesk) - Renaissance Corp, the retailer of Apple products and operator of a design school, said annual earnings will be another disappointing result due to its ailing retail unit, and it’s shutting four of nine stores in a bid to restore profitability. The Christchurch-based company today closed Apple reseller stores in Albany, Britomart, Sylvia Park and Dunedin as part of a plan to get its retail unit back in shape. The remaining stores in Newmarket, Hamilton, Wellington an...

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