My Food Bag says stabilising demand a positive sign

My Food Bag says stabilising demand a positive sign
My Food Bag chair Tony Carter (left) and CEO Mark Winter. (Image: Supplied)
Gregor Thompson
On Friday, My Food Bag indicated that its customer base has stabilised, and it expects to pay interim and full-year dividends in the 2025 financial year.At the meal kit company’s annual meeting, chair Tony Carter said the company is poaching market share from its major competitor, HelloFresh.At 3pm, shares traded up 1.66% at 18.4 cents on light volumes.“We’ve had an encouraging start to the year with the first 20 weeks of trading broadly in line with the prior year,” Carter said in his address. “Active customers of...

More Retail

ANZ alternate capital review proposal unveiled
Finance

ANZ alternate capital review proposal unveiled

The bank argues its proposal would cut borrowing costs by 11 basis points.

Andy Macdonald 13 Oct 2025
Smiths City owes creditors $26.8m
Retail

Smiths City owes creditors $26.8m

The outlook for unsecured creditors of the former retail icon Smiths City appears bleak, as liabilities have mounted to more than $26.8 million.Liquidators for the century-old retailer stated in their initial report that 240 creditors were owed money by the company, as reported b...

Staff reporters 09 Oct 2025
Gourmet ice cream company out of flavour as sales melt
Retail

Gourmet ice cream company out of flavour as sales melt

Domestic sales, mainly to NZ supermarkets, plummeted by 94.65%.

Denise McNabb 06 Oct 2025