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

Woolworths ‘reviewing team structures’ to cut costs
Retail

Woolworths ‘reviewing team structures’ to cut costs

The group said the plans will affect New Zealand head-office headcount.

Gregor Thompson 19 Feb 2025
Giant jeweller investing $75m in NZ
Retail

Giant jeweller investing $75m in NZ

Malabar Gold & Diamonds plans to open three 'world-class' showrooms.

John Anthony 14 Feb 2025
Willis homes in on grocery and power prices
Retail

Willis homes in on grocery and power prices

The finance minister is talking a bolder game to force competition. 

Pattrick Smellie 13 Feb 2025
JB Hi-Fi beats odds with big-ticket retail growth
Retail

JB Hi-Fi beats odds with big-ticket retail growth

JB Hi-Fi has reported strong growth in big-ticket item sales in the first half of the financial year, bucking the trend seen across the retail industry in New Zealand.The brand’s NZ division reported total revenue growth of 20% to $202.5 million, up from $168.7m in the first half...

Staff reporters 10 Feb 2025