Kmart ‘super-store’ to open in Westgate, reflects faith in NZ, CEO says

Kmart ‘super-store’ to open in Westgate, reflects faith in NZ, CEO says
Chief executive John Gualtieri says the "super-store" reinforces the company’s belief in NZ. (Image: Supplied)
Gregor Thompson
Kmart announced on Wednesday that it will open its largest NZ store in Westgate, on the western edge of Auckland.  The Australian retailer's Australia and New Zealand chief executive, John Gualtieri, said a new “super-sized” store represents the company’s belief in the NZ market. In an exclusive interview, he told BusinessDesk the store, set to open in 2026, does not reflect a change in strategy but is part of an ongoing effort to increase the company’s presence on NZ shores. “It reinforces Kmart...

More Retail

Time ripe to stop forex fees confusion
Finance

Time ripe to stop forex fees confusion

Misleading 'fees free' foreign exchange deals are costing Kiwis.

Warehouse reshuffles exec team
Retail

Warehouse reshuffles exec team

The Warehouse Group has reshuffled its executive team ahead of its leadership transition at the end of the month.On Friday, the retail group appointed Stefan Knight as chief financial officer. Knight will exit his role as financial director at Spark New Zealand and start on Aug 1...

Staff reporters 18 Jul 2025
Why Promisia's promised land is Cromwell
Retail Small Cap Wrap

Why Promisia's promised land is Cromwell

Plus chicken and eggs with BlackPearl, Rua goes for gold in Reefton, and more.

Aussie and NZ line up on bank fee chop proposal
Retail

Aussie and NZ line up on bank fee chop proposal

The Australians are also proposing to ban surcharges on in-store plastic card payments.

Pattrick Smellie 16 Jul 2025