Briscoe’s battens down the hatches

Briscoe’s battens down the hatches
Briscoe managing director Rod Duke doesn't rate the competition. (Image: NZ Herald)
Jenny Ruth
It’s feeling very much like “batten-down-the-hatches” time in the business world, although this is very different from what we normally see when we’re heading into a recession.If we were following the same pattern as in previous recessions, we’d be seeing lots of headlines about major staff layoffs and rising unemployment; this time around, just about every firm is complaining about how difficult it is to get and retain staff and the Reserve Bank of New Zealand (RBNZ) is telling us the labour market is unsustainabl...

More Retail

Restaurant Brands NZ's indy directors say low offer still tasty
Retail

Restaurant Brands NZ's indy directors say low offer still tasty

Below-valuation offer for Restaurant Brands NZ recommended by independent directors.

Staff reporters 28 Oct 2025
Mitre 10 starts banking IT project gains
Retail

Mitre 10 starts banking IT project gains

The hardware store chain has gained share in a tough market.

Pattrick Smellie 25 Oct 2025
Massive Pōrangahau fire largely contained after spreading to pines planned for Ikea furniture
Retail

Massive Pōrangahau fire largely contained after spreading to pines planned for Ikea furniture

A 245-hectare fire burning its way through forest near Pōrangahau, Central Hawke’s Bay, is likely to continue to cause firefighters headaches over the next week. Ingka Investments Management New Zealand operations manager Dylan Foster said roughly 80 hectares of their 550-hectare...

Staff reporters 22 Oct 2025