Financial life looks up for small businesses

Financial life looks up for small businesses
Rebecca Howard
New Zealand businesses may still be worried about profitability, but things are looking up for the small end of town.  The latest Xero Small Business Insights data showed 58.47 percent of New Zealand small businesses were cash flow positive in November, up 8.51 percentage points on the month and 1.94 percentage points year-on-year. It was also nearly 1.5 percentage points higher than the previous record of 57 percent in March 2019.The latest Stats NZ data shows New Zealand’s small-to-medium enterprises, or SMEs, contributed $153 billi...

More Retail

Foodstuffs South Island ‘merger costs’ bill rises
Retail

Foodstuffs South Island ‘merger costs’ bill rises

More than $11 million has been spent so far on ‘merger-related costs’.

Gregor Thompson 03 Jul 2025
Foodstuffs NI warned by ComCom over supplier treatment
Retail

Foodstuffs NI warned by ComCom over supplier treatment

It obstructed a supplier request, says Grocery Commissioner.

Staff reporters 02 Jul 2025
Retailers say unseasonable weather compounded woes
Retail

Retailers say unseasonable weather compounded woes

The Warehouse Group and KMD Brands have both downgraded guidance in recent weeks.

Gregor Thompson 02 Jul 2025
Warehouse drops guidance, loss now in scope
Retail

Warehouse drops guidance, loss now in scope

The retailer has raised the possibility of a full-year earnings loss.

Gregor Thompson 01 Jul 2025