Pricewise founder surprised liquidation took so long

Pricewise founder surprised liquidation took so long
Andrew Berryman said Pricewise was in good shape. (Image: supplied)
Victoria Young
While the current owner of discount retailer Pricewise is keeping mum on its liquidation, its original owner said he’s unsurprised given the changes made. Andrew Berryman founded Pricewise but the company was sold from receivership back in 2020 following disagreements with shareholder Polar Capital on how it was run.Polar Capital had a general security agreement that enabled it to trigger receivership, and it eventually took over. Polar Capital’s Colin Neal has declined to comment on the liquidation at this stage.When Pola...

More Retail

Woolworths NZ revenues hit $8.2b
Retail

Woolworths NZ revenues hit $8.2b

Woolworths has seen its NZ earnings grow to $8.29b.

Staff reporters 27 Aug 2025
'Predatory pricing': Govt targets supermarket market power
Retail

'Predatory pricing': Govt targets supermarket market power

Aldi and Lidl opted not to take part in the initial RFI.

Gregor Thompson 27 Aug 2025
Restaurant Brands margins undercooked in HY result
Retail

Restaurant Brands margins undercooked in HY result

Same-store sales in New Zealand fell 3.1% compared with last year.

Gregor Thompson 26 Aug 2025
Kogan.com takes $51m goodwill hit on Mighty Ape
Retail

Kogan.com takes $51m goodwill hit on Mighty Ape

Kogan.com has written down A$46.3 million (NZ$51.2m) of goodwill tied to its New Zealand segment, Mighty Ape.  The Australian retail and services group filed its earnings for the 12 months to June 30 with the Australian Securities Exchange (ASX) on Monday.Chief executive Ruslan K...

Staff reporters 25 Aug 2025