Bunnings deserves conviction over misleading ads, court told

Bunnings deserves conviction over misleading ads, court told
Bunnings is in court over its lowest price advertising claims.
Victoria Young
Hardware retailer Bunnings should be convicted for years because it misled consumers about prices, the Auckland district court has heard.The Commerce Commission today began closing a five-week trial alleging Bunnings’ catchphrase – “lowest prices guaranteed” – was used in misleading advertising.“Bunnings was choosing to compete on price, and it was setting the bar for itself incredibly high,” said the regulator’s lawyer John Dixon QC."It would have harmed competition in a broader sense becaus...

More Retail

Mighty Ape’s profits rise in quarterly update
Retail

Mighty Ape’s profits rise in quarterly update

 This growth came despite gross sales falling 9.2% to $30.4m.

Staff reporters 26 Apr 2024
Website duplication scams haunt NZ retailers
Retail

Website duplication scams haunt NZ retailers

Increasingly sophisticated obfuscation technology is making scams harder to resolve.

Gregor Thompson 22 Apr 2024
Menulog exits NZ
Retail

Menulog exits NZ

Online food delivery platform Menulog will discontinue its New Zealand operations in May.Parent company Just Eat Takeaway confirmed the decision today, saying: “New Zealand represents a small part of the Just Eat Takeaway.com business and its size is insufficient to maintain a he...

Staff reporters 16 Apr 2024
Grocery code now in full effect, ComCom reminds suppliers
Retail

Grocery code now in full effect, ComCom reminds suppliers

The Grocery Supply Code went into effect on March 28.

Staff reporters 16 Apr 2024