Subscribe today - find out more
Why you should consider BusinessDesk
Retail

NZ retailers embrace Black Friday: will shoppers?

Jenny Ruth
Fri, 26 Nov 2021

NZ retailers embrace Black Friday: will shoppers?
Black Friday sales in the US last year topped US$9b. NZ sales aren't likely to reach that target.(Image: Getty)
Jenny Ruth
Fri, 26 Nov 2021
Thanksgiving is such an American celebration commemorating the pilgrims' first harvest festival in 1621 that's held on the fourth Thursday in November.Its relevance to New Zealand is non-existent.But the sales day after Thanksgiving, known as Black Friday, has been going since the 1950s and used to be the highest-grossing retail event globally.Such is the power of American culture, it has become a significant feature of NZ's retail scene.Briscoe Group managing director Rod Duke plans to make a weekend of it this year but said his Br...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Opinion
Vocus-2degrees merger makes sense – can they make it work?
Peter Griffin | Thu, 20 Jan 2022

The question isn’t whether 2degrees and Vocus should come together. It’s how will this newly merged player give us the third strong market player we’ve long needed.

Primary Sector
Fonterra wants new capital structure in place by June
Rebecca Howard | Thu, 20 Jan 2022

Talks are underway between the government and Fonterra to hammer out the final details of the capital structure reform. 

Markets market close
NZ shares routed as ANZ forecasts OCR to hit 3%
Dan Brunskill | Wed, 19 Jan 2022

Just seven of the top 50 stocks gained today as traders and economists predict central banks will have to make radical moves to slay the "inflation dragon". 

Sponsored
How to pick the perfect real estate investment now

Now is a good time to get on the property investment ladder - here is how to get there.

Sponsored
Green energy for green farms and green trucks

Ballance Agri-Nutrients and Hiringa Energy are preparing to make green hydrogen to power trucks and produce sustainable farm fertiliser.